Supply Chain Asia

By Chain Media | A fast, fun and beautiful way to read the best supply chain, logistics, procurement news from all around Asia.

YCH Launches Supply Chain City(R) to Lead Transformation of the Logistics and Supply Chain Industry

SINGAPORE, Sept. 22, 2017 /PRNewswire/ -- Singapore's homegrown logistics giant, YCH Group launched Supply Chain City, Asia's nexus of supply chain excellence this morning. The ceremony was graced by Guest-Of-Honour Prime Minister Lee Hsien Loong. The Skills Framework for Logistics and several key …

Logistics

Container Freight Tariffs for East Indonesia Raised by Shipping Firms

Previously, Indonesian shipping companies had reduced tariffs for container freight to the eastern part of Indonesia up to 30 percent as part of the …

Philippines plans rail freight connection for main Luzon ports

Local reports said a unit of Manila Electric Co (Meralco) is planning to extend its proposed freight train project from Manila to Batangas.<p>The PPP …

Philippines

FM Logistic sets up base in Vietnam to strengthen its position in Asia | Supply Chain

September 19, 2017: FM Logistic has set up base in Vietnam to support its historical customer, Auchan Retail. This new set up confirms its …

Logistics

HK port looks to ride out container shipping turmoil

Published September 18, 2017, 10:02 PM<p><i>By Reuters</i><p>London – Hong Kong’s port expects a slight rise in container shipping volumes this year despite …

Yangon’s growing trade demands deeper port to ease logistics woes

A DEEP-SEA port with access to the commercial capital should be built to cater for significant volume increase in trade if Myanmar aspires to develop …

Logistics

Philippines approves US$7 billion for first subway to help solve Manila’s traffic chaos

An inter-agency panel chaired by Philippines President Rodrigo Duterte has approved four major infrastructure projects worth 386.3 billion pesos …

Manila

Hong Kong port looks to ride out container shipping turmoil

LONDON, Sept 15 (Reuters) - Hong Kong’s port expects a slight rise in container shipping volumes this year despite continuing global turmoil in the sector.<p>The global container industry, which transports everything from bananas to iPhones, is showing signs of better returns after a near-decade long …

China

Work starts on giant food warehouse in Thilawa

Metro Wholesale, which reportedly has over 750 wholesale centres in 25 countries, has started work on the construction of a warehouse in Thilawa …

Travel

Technology Will Drive Supply Chain Digitalization

New technologies like the internet of things (IoT), big data, and social learning platforms have the power to transform the supply chain to make them …

Big Data

Malaysia not 'colonised' by China - Liow

KUALA LUMPUR: Transport Minister Datuk Seri Liow Tiong Lai has slammed allegations that Malaysia is overly dependent on foreign direct investment …

China

Southeast Asia’s ecommerce logistic headache: finally resolved?

Whilst catching up with some friends running e-commerce businesses in the Philippines, we chatted about changes in the logistics – for a long time …

eCommerce

DHL aims to set Myanmar gold standard - The Nation

“The business objective in Myanmar is to establish our operation footprint within the market before expanding in the next three years. My short-term …

Logistics

Port Klang business hit as key firms shift operations to Singapore

September 11, 2017 5:00 AM<br>Business at Malaysia's main shipping hub in Port Klang has taken a hit this year as major shipping companies shift their …

China

JD.id to Expand Locally Despite Challenges in Indonesia's Digital Sector

Indonesia's e-commerce market is also projected to generate $46 billion in revenue by 2025 from $1.7 billion in 2015. The study also noted that the …

Asia

Malaysia's ports to be enhanced with China's cooperation

Five new ports in Malaysia and China are now part of the China-Malaysia Port Alliance (CMPA), Transport Minister Liow Tiong Lai said today.<p>The ports, …

Despite strains, Vietnam and China forge closer economic ties

HANOI (Reuters) - Tensions are high on the South China Sea as Vietnam faces off against China over their overlapping maritime claims.<p>But for the boatmen on the junks cruising the calm expanse of Vietnam's Ha Long Bay, another growing Chinese presence in the region is very welcome indeed.<p>"More than …

China

Newcomer Logistics Firm Iruna eLogistics Seeks to Empower E-Commerce Companies

"We wanted to improve the ecosystem [...] by taking care of the back-end [issues involved in] online commerce. That way the small and medium-sized …

eCommerce

Blockchain In The Supply Chain: Too Much Hype

Blockchain is the technology behind Bitcoin and other crypto currencies. Blockchain is a protocol for a digital ledger that enables proof of ownership and the transfer of ownership from one entity to another without using a trusted third party intermediary (like a bank). The value that is …

Bitcoin

Asia's main archipelagos eye bigger share of maritime trade- Nikkei Asian Review

JAKARTA -- The world's seaborne trade exceeded 10 billion tons in a single year for the first time in 2015, according to the United Nations …

Asia

Ayala group completes acquisition of 49% stake in Zalora

The Ayala group has completed its acquisition of a 49-percent stake in Zalora Philippines, the country’s largest online fashion and lifestyle …

Philippines

Trading firms are slimming down, going abroad

Korea’s trading companies are sometimes called “all-around” companies for the sheer number of businesses in which they engage, from steel and …

Singapore, Chongqing ink joint venture deals to enhance connectivity

SINGAPORE - Singapore and Chongqing sealed two joint venture agreements on Thursday (Aug 31) that would support an initiative by the Chinese …

Kerry Logistics thrives in first half 2017

Logistics

IKEA unveils plan for $212mn regional distribution and logistics centre in Malaysia | Distribution

<b>IKEA is to build a $212mn (RM908mn) regional distribution and supply chain centre in Malaysia, which will manage an inventory of 9,500 stock keeping</b> …

Malaysia

Business

Posted on Wednesday Aug 23rd at 4:00pm<p>By Richmond Mercurio<p><b>Due To Rising Cost of Business</b><p>MANILA, Philippines - Korean manufacturing companies in the …

Philippines

Japanese Logistics Fund buys two sheds for $246 million

Japanese Logistics Fund (JLF) has acquired two logistics assets in Yokohama and Takatsuki for a combined JPY 27 billlion ($246 million).<p>The Yokohama …

Malaysia's Sime Darby Q4 profit slides on weak industrial, logistics segments

[KUALA LUMPUR] Malaysia's Sime Darby, the world's largest oil palm planter by land size, announced on Friday its fourth-quarter net profit more than …

Markets

YCH ahead of game with 'people first'

No matter how times have changed and tested supply chain and logistics firm YCH Group, people have always come first, so at the heart of it all, it …

Innovation