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The Chain | April 10, 2023
Stay up-to-date on supply chain trends in Asia.
Welcome to a new issue of The Chain, an easy way to stay updated on supply chain, procurement and logistics news in Asia in one quick digest.
As always, we welcome your comments - simply reply to this email with your suggestions. Also, please feel free to forward this email to your colleagues or ask them to register here. Enjoy the read this week!
🚨 Everyone's talking about...
Alibaba's logistics unit gears up for Hong Kong IPO
Cainiao is targeting a listing as soon as the end of this year and the firm hasn't decided on the IPO size, while the timeline is still subject to changes depending on market conditions.
📰 Other News
The West is trying to cut China out of rare earths—and China is noticing
Even as Chinese rare earth players cement their footholds in international markets, other countries are slowly making progress in rebuilding their rare earth supply chains. They have a singular purpose: to loosen China’s grip on these precious metals.
H&M keeps outsourcing to Myanmar despite other big brands’ departure
Major fashion retailers like Marks & Spencer and Primark are ceasing their outsourced production in Myanmar. This is due to issues with labor and human rights as well as logistical challenges.
Mapletree Logistics Trust plans acquisition spree of up to 10 properties in Asia-Pacific
The acquisition plan chimes with MLT’s strategy to expand its footprint across the Asia-Pacific markets, and ramp up its portfolio with more modern logistics assets.
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The China imperative for multinational companies
Multinational companies operating in China must reconfigure for opportunity and risk.
Read more relevant news and updates on the Supply Chain Asia blog.
📅 Upcoming Events
ChainTech Founders Meetup | April 20
Meet and share your experiences with other supply chain, procurement and logistics tech entrepreneurs and startup founders and learn from other ChainTech professionals.
Register now at http://chainte.ch/meetup
Supply Chain Virtual Meetup (APAC) | April 27
This online get-together is the ideal platform for any supply chain, procurement and logistics practitioners to effectively introduce themselves, exchange knowledge, share ideas, ask questions, and discuss current challenges.
Register now at http://gscc.events/meetup
For the full calendar of meetups, webinars, forums and summits, click here.
📺 Featured Video
🧰 Startups & Innovation
Baskit bags $1.5m to ease Indonesia’s supply chain woes
Indonesia’s traditional supply chains are rife with issues. Baskit aims to simplify operations for intermediaries by providing a digital platform that offers logistics support, funding, go-to-market initiatives, and order visibility.
See the latest supply chain startups and solutions on ChainTech
🎤 ChainTech Show
Berkay Adlim, Founder & CEO of Kamion — www.chaintech.show
We interviewed Berkay Adlim of Kamion and discussed his background, what made him starting the company, the type of solutions they provide, the competitive landscape and much more...
📈 Chart/Image of the week
💲Advertise in The Chain
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🤝 Last but not least
Chain.NET is Asia’s largest social network for professionals in supply chain, procurement, logistics & operations management.
That's all this week, I hope you enjoyed this week's issue of The Chain!
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