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The Chain | May 3, 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...
World's apparel, sneakers hub Vietnam struggles as US ban on Xinjiang cotton bites.
Labourers work at a garment factory in Bac Giang province, near Hanoi October 21, 2015. Vietnam's textiles and footwear would gain strongly from the TPP, after exports of $31 billion last year for brands such as Nike, Adidas, H&M, Gap, Zara, Armani and Lacoste.
📰 Other News
Taiwan Sees Accelerating Shift of Production Away From China
Concerns about tech security and pandemic-related disruptions are propelling firms to move more production away from China, according to a senior Taiwanese official.
Deal to deliver Cambodia’s new logistics complex, promote regional connectivity and integration.
The International Finance Corporation (IFC) and the Ministry of Public Works and Transport have signed a new agreement to establish a public-private partnership (PPP) for a logistics complex in Preah Sihanouk province.
New Overtime Restrictions Loom over Japan’s Logistics Industry.
Regulations to limit overtime for truck drivers will be introduced in April 2024, which will have a negative impact on the logistics industry and the economy.
GIC to buy Japan logistics assets from Blackstone for $800m.
Singapore sovereign wealth fund GIC will buy a portfolio of six logistics assets in Japan from Blackstone for more than $800 million, reflecting strong appetite for logistics real estate.
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Thailand emerges as major link in EV supply chain
Thailand plans to increase domestic EV sales and promote green mobility among its citizens. Its EV supply chain projects include Hyundai Motor's EV production plant and BYD's EV assembly plant.
Geopolitics, container shipping rates and an ominous sign from Taiwan
The spread in freight rates between China and Taiwan is an outlier, underscoring the role of geopolitical risk. It's moving in the opposite direction to what we've seen in other trades, where they've really been coming down.
Read more relevant news and updates on the Supply Chain Asia blog.
📅 Upcoming Events
ChainTech Demo Day | May 4
This special edition of our Virtual Demo Day series will feature interactive demos from leading supply chain tech companies including Tag-N-Trac and NextBillion AI.
Register now at http://chainte.ch/demos
ChainTech Founders Meetup | May 18
Join us if you are looking to meet, network, and learn from other supply chain, procurement and logistics tech entrepreneurs and startup founders.
Register now at http://chainte.ch/meetup
For the full calendar of meetups, webinars, forums and summits, click here.
📺 Featured Video
🧰 Startups & Innovation
ZEBOX, an incubator for supply chain startups, launches its Asia hub in Singapore
An international accelerator network founded by shipping conglomerate CMA CGM, has opened its APAC headquarters in Singapore. It will also look at markets like Indonesia, Malaysia, Taiwan, Japan and Korea.
See the latest supply chain startups and solutions on ChainTech
🎤 ChainTech Show
Michiel Valee, Co-Founder of Dockflow — www.chaintech.show
We interviewed Michiel Valee 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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