The Chain | November 23, 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.
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🚨 Everyone's talking about...
Samsung isn’t doing enough to decarbonize its supply chain, report claims
Samsung Display and Semiconductor have received C- and D+ ratings respectively from Greenpeace for their decarbonization efforts. The progress has been too slow and companies must reduce carbon emissions to stay within 1.5°C of global warming.
📰 Other News
Dubai’s DP World in talks to acquire Hong Kong’s cargo services firm
Dubai-based ports operator DP World is reportedly in talks to acquire the Hong Kong-based Cargo Services Far East, in a move to expand its footprint in Asia.
German logistics group Rhenus is upbeat on China market outlook, says economic relations differ from political situations
Though geopolitical tensions have driven many Western companies to Southeast Asian countries for their operations and production, Colliers says China still holds an edge over many of these locations owing to its better infrastructure.
Mapletree Logistics Trust divests 3 properties in Singapore, Malaysia
MLT’s manager said that the trustee has entered into conditional sale and purchase agreements with unrelated third party buyers through its special purpose vehicle in Malaysia.
Chinese invasion of Taiwan would require far more materiel than D-Day landings
Chinese military studies suggest the logistical effort needed to launch an invasion of Taiwan would surpass the scale of the Allied Normandy landings in 1944, leading to significant supply challenges for China
Apple supplier Luxshare to invest additional US$330 million in Vietnam plant as supply chain diversification continues
Luxshare Precision Industry will invest an additional US$330 million in a planned plant in Vietnam's northern province of Bac Giang, raising the total plant investment to US$504 million.
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From Port to Doorstep: The Impact of Tech Innovations on Filipino Logistics
Technology can help Filipino logistics companies unlock new levels of efficiency, cost-effectiveness, and customer satisfaction, ultimately contributing to the country's economic growth and development.
Read more relevant news and updates on the SupplyChains Magazine.
📅 Upcoming Events
Logistics Real Estate Roundtable | November 23
Explore the latest trends, investment opportunities, and cutting-edge technologies that are revolutionizing logistics real estate.
Register now at https://gscc.events/logreal
Supply Chain Risk & Resilience Forum (Hybrid) | November 29
Gear up for the Future of Supply Chain Resilience! Join us on November 29 for a groundbreaking hybrid event - the Supply Chain Risk and Resilience Forum.
Register now at https://scm.events/scrfi
GSCC Information Session | December 7
Whether you're considering joining our esteemed network, planning to attend one of our flagship events, or eager to leverage our extensive professional development resources, this session is your gateway to informed decision-making.
Register now at https://gscc.events/info
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
Claire Hassoun, Founder, Appload — 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.
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
We are pleased to present the newly upgraded GSCC Members' Portal, crafted with a primary objective of enabling effortless access to the array of membership benefits.
That's all this week, I hope you enjoyed this week's issue of The Chain!
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