The Philippines is ambitiously positioning itself as the next manufacturing and logistics hub in Asia, driven by strengthened ties with the United States. President Ferdinand Marcos Jr. announced this strategic vision at the 6th Indo-Pacific Business Forum in Manila, highlighting the nation’s increasing defence and economic engagements with Washington. Recently, the US pledged support to…
DetailsA leading motor company is revitalizing its new-business segment by targeting mobility services in emerging markets and launching a forestry surveying venture using unmanned aircraft in Japan. The company aims to generate 10 billion yen ($64 million) in revenue from these new ventures this year, although this figure falls short of the 30 billion yen…
DetailsThe agriculture supply chain management market is projected to grow from $358.62 million in 2022 to $954 million by 2032, at a compound annual growth rate (CAGR) of 10.1%, according to a new report. The agriculture supply chain management sector includes organizations involved in the production and distribution of agricultural products such as vegetables, fruits,…
DetailsSatellite-enabled industrial monitoring powered by the Internet of Things (IoT) and AI can help energy operators build supply chain resilience, writes Damian Lewis, market development manager. Price volatility, changing market dynamics, and the push to decarbonize are driving energy operators to seek better oversight across their supply chains, particularly in vast, remote, and hard-to-reach areas.…
DetailsEconomic cooperation between India and Australia is set to open doors for investment in clean energy technology, though challenges persist in a competitive global market. Experts Vibhuti Garg and Shantanu Srivastava discuss the role that public funding and resource pooling could play in supporting manufacturing ambitions. The recently announced Future Made in Australia Act marks…
DetailsEnsuring sustainability in delivery is crucial for both the environment and business viability, writes John Gillan. As Europe faces another year of unpredictable weather, it is clear that climate change is increasingly impacting daily life. Many existing systems, from supply chains to flight patterns, must adapt to support sustainable cities in the future. Businesses are…
DetailsIn a strategic move to capitalize on the rapidly evolving supply chain technologies market, three UK-based global forwarders have jointly acquired the British logistics software company Forward Computers Ltd. from the Freight Software Group. This acquisition reflects the growing complexity of the logistics industry and the increasing need for advanced technological solutions. The consortium, comprising…
DetailsThe recent visit by the UN Trade and Development Secretary-General to the Panama Canal has highlighted the significant impact of climate change on global trade routes. During the visit on 18 and 19 May, the Secretary-General observed firsthand how climate-related challenges are exacerbating existing geopolitical issues, further straining global trade and supply chains. The Panama…
DetailsSupply chains have evolved significantly, necessitating new management strategies to achieve balance. This article is the first in a series exploring the essential elements for achieving a balanced supply chain. As supply chains have changed, so too has the management required to achieve balance. This introductory article sets the stage for a deeper dive into…
DetailsAccelerating digital transformation in logistics is crucial for the sustainable development of e-commerce and overall economic growth, as highlighted in a recent conference held by the Ministry of Industry and Trade. Trần Thanh Hải, Deputy Director of the Import and Export Department, emphasized that Vietnam’s integration into regional and global economies, driven by participation in…
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