China has surpassed other nations to become the largest shipowning country in terms of gross tonnage, as per research conducted by a UK data provider.
Chinese shipowners now possess a fleet of 249.2 million GT, accounting for a 15.9% market share valued at $180 billion. Greek vessel owners, previously in the top spot, now hold second…
A supply chain news channel survey evaluates and ranks the technological and automotive supply chains of 5,000 enterprises in countries like China, Japan, South Korea, Taiwan, Thailand, Indonesia, Malaysia, and India.
The study focuses on financial metrics such as revenue and net profit, primarily focusing on the technological and automotive supply chains within significant Asian economies.…
Malaysia's Shepherd Carbon Capture and Storage (CCS) project has attracted global manufacturing and gas & power companies to join its ranks. This initiative aims to gather CO₂ emissions from various industries in South Korea and either convert or store them in Malaysian facilities.
The Shepherd CCS project has a threefold objective: capturing carbon dioxide emissions from…
According to a report on India's warehousing and industrial sector, the cumulative Grade A and B supply is projected to reach 516 million square feet by 2026. The report also reveals that in H12023, India's total leasing stock reached 344 million sq ft. During this period, approximately 15 million square feet of new stock were…
Shipments significantly declined for all major exporting nations during June and July. South Korea and India experienced the steepest drops, with declines of 16% in July and June, respectively. China and Taiwan also saw year-on-year decreases of 9.2% and 10.4% in July. Singapore's July exports fell by 19.3% compared to the previous year, while Vietnam…
India's drug regulator has successfully seized counterfeit medicines worth over 20 million rupees ($241,666) in a recent operation conducted in Kolkata, the eastern city. The Drugs Standard Control Organisation conducted the raid, uncovering counterfeit copies of leading brands.
According to the health ministry, an ongoing investigation aims to identify the manufacturer and supply chain to ensure…
A leading Swedish telecommunications company in the field of 5G technology has enhanced its contribution to Malaysia's economy by establishing its first 5G manufacturing facility in Southeast Asia, specifically in Penang. This company has had a presence in Malaysia since 1965 and is currently rolling out the 5G network in the country.
As a world leader…
According to a recent newspaper report, Japan is considering implementing tax breaks starting in April 2024 for domestically-produced electric vehicle (EV) batteries and semiconductors to bolster economic security.
As part of the government's fiscal 2024 tax code revision, the Ministry of Economy, Trade and Industry plans to propose these tax cuts for companies that manufacture strategically…
With immediate effect, India has announced that it will require a licensing process for the import of laptops, tablets, and personal computers. This decision is anticipated to have a significant impact on technology companies, potentially compelling them to enhance local manufacturing efforts. Previously, India allowed the free import of laptops, but the new rule establishes…
According to a government health official, manufacturing and laboratory practices violations have been discovered at a drugmaker lab in India. This has been connected to the deaths of children in Cameroon through its cough syrup. Following incidents where cough syrups manufactured in India were associated with the deaths of numerous children overseas, authorities have increased…
Chinese authorities have apprehended 22 individuals connected to the illicit sale of counterfeit GPUs through online platforms. Following a year-long investigation, this operation unfolded in Binzhou City, situated in the Bincheng district of China. The police raided a warehouse belonging to a suspected gang, believed to have been acquiring used GPUs from crypto mining setups,…