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.
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🚨 Everyone's talking about...
China Weakens, Vietnam Losing Shine: Should India Chase Global Supply Chain Hub?
India has the potential to become a global leader in supply chain manufacturing, due to its growing economy, strategic growth, and domestic production.
📰 Other News
30% of vegetables wasted due to poor logistics — DA
The DA unveiled its three-year plan to boost food production and make "farming and fisheries viable for investors and a career option for young Filipinos.".
Red Sea crisis brings higher freight to some PH shippers; but effects not yet fully felt
The crisis has caused additional shipping charges and delays for Philippine shippers, with Sea Intelligence estimating a cost between $4 million and $72 million per day.
Jokowi officiates groundbreaking of Nusantara Logistic Super Hub
He expects the construction contribute significantly to strengthen the domestic supply chain not only in IKN but also in several regions in Indonesia.
Attacks on ships in the Red Sea quadruple shipping costs
Thai exporters are bearing the burden of increased shipping costs, which at $3,000-$5,000 per container are four times higher than in November when rates were $1,000 per container.
Thai e-commerce rivalry set to surge
The ongoing geopolitical conflict involving the US and China is bringing new e-commerce players into Thailand, which is expected to heat up market competition and widen the cross-border e-commerce market.
Strength Through Diversification: Opportunities across Asia Pacific
The latest Cushman & Wakefield Logistics & Industrial report, discusses themes and challenges driving transformative change across the region, creating a range of opportunities for occupiers, developers and investors alike.
Download the report here: https://cushwk.co/cw_gscc.
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🔍 Insights
What is the Red Sea crisis, and what does it mean for global trade?
Unlike when the Suez canal was blocked by the Ever Given container ship in 2021, triggering mass problems for world trade, the economic backdrop to the current Red Sea disruption is markedly different.
Read more relevant news and updates on the SupplyChains Magazine.
📅 Upcoming Events
ChainTech Founder Meetup | January 25
Step into the world of innovation and collaboration at the upcoming ChainTech Founders Meetup on January 25 at 4pm HK/SG. Don't miss out on this opportunity to be a part of the ChainTech community!
Register now at https://chainte.ch/meetup
Supply Chain Meetup | February 1
Join supply chain, procurement, and logistics professionals from around the world for dynamic networking and knowledge sharing. Don't miss this opportunity to connect and learn together.
Register now at http://gscc.events/meetup
Global Sourcing Forum | February 8
Ultimate gathering for procurement and supply chain leaders, featuring a stellar lineup of industry experts from Uber, Diebold Nixdorf, Hero MotoCorp, FinCas Management Services, Bridges Street, and MISC Berhad.
Register now at https://gscc.events/gsf
For the full calendar of meetups, webinars, forums and summits, click here.
📺 Featured Video
🧰 Startups & Innovation
See the latest supply chain startups and solutions on ChainTech
🎤 ChainTech Show
Yann Schuermans, Founder & CEO, Baskit — www.chaintech.show
We conducted an extensive interview with Claire Hassoun, the founder of Appload, covering his background, company inception, solutions offered, competition, and more.
🚨 List
Top 10 Sustainability Software Startups in Asia
Sustainability tracking, reporting, and ESG considerations have become imperative for modern supply chain professionals. Here are the top startups focused on ESG and sustainability software technology.
📈 Chart/Image of the week
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🤝 Last but not least
Join GSCC Members' Portal — GSCC.Pro
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That's all this week, I hope you enjoyed this week's issue of The Chain!
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