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The Chain Newsletter | October 25, 2022
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...
Experts suggest that Apple’s heavy dependence on China brings potential risks, especially when the US-China trade war shows no signs of de-escalating.
📰 Other News
Logistics sector is seen to generate yearly VA growth of $6.9b by 2025 — sbr.com.sg The logistics sector is expected to post an annual value-added (VA) growth of 2% to $6.9b after three years from the $6.2b annual VA reported in 2020.
China looks to maintain Philippines supply chain gains as Marcos Jnr pivots back to US — www.scmp.com China is looking to shore up supply chains and maintain gains made under former Philippines president Rodrigo Duterte with its proposal to set up ‘demonstration parks’ for trade and innovation, experts say.
Alfredo E. Pascual said the Philippines should reconfigure its exports into industry clusters and strengthen global value chain (GVC) participation to become more attractive to investors.
Companies are stockpiling inventory to withstand shocks — www.channelnewsasia.com In light of supply chain disruptions and economic uncertainty, companies are stockpiling inventory closer to customers. This takes a toll on bottom lines and the environment, says logistics adviser Tim Foster.
Taiwan’s Ally Logistic Property (ALP) today unveiled its first smart warehousing facility in Malaysia – the 27-acre ALP Bukit Raja OMega worth ...
Toyota opens new Myanmar plant put on hold following coup — www.reuters.com Toyota Motor Corp said on Wednesday it had begun assembling cars at a new plant in Myanmar that was put on hold for more than 19 months after a military coup and during the coronavirus pandemic.
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Why Western carmakers are eyeing up Indonesia — autovista24.autovistagroup.com With favourable incentives and low car-ownership rates among the huge population, Indonesia is offering market opportunities to Western manufacturers.
How Emerging Economies Vietnam and India Complement Each Other — www.vietnam-briefing.com Vietnam Briefing discusses the comparative advantages of two prominent China+1 markets for setting up or diversifying operations in Asia.
How the Push for Greener Supply Chains Is Affecting Sourcing Strategies — www.supplychainbrain.com The luster of China as a source of low-cost production has been progressively fading.
Read more relevant news and updates on the Supply Chain Asia blog.
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📺 Featured Video
🧰 Startups & Innovation
Lalamove favours Hong Kong for future IPO as listing reforms boost home city’s appeal — www.scmp.com The on-demand logistics start-up said the city will be its first choice if it goes public in future, as listing reforms make it the ideal place for tech companies to raise funds.
Shippit, an Australian logistics technology platform, announced the acquisition of a Singapore-based start-up, Luwjistik, the creator of a unified API that allows freight forwarders, courier’s and third party logistics companies to connect into network partners globally.
See the best logistics logistics startups in APAC at the LogTech50
We discussed why his personal journey, why he started the company, the current startup ecosystem, how they are developing their solutions in APAC and much more.
Together with my co-host Chandan Laxman, we interviewed Janardan Dalmia from Trukkin and discussed the latest developments of his company.
📈 Chart/Image of the week
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