The Latest Breaking News from Supply chain

The Finance Ministry, in collaboration with the Thai Chamber of Commerce and the Rubber Authority of Thailand, has signed a letter of intent for the Capital Flow in Rubber Industrial Estate project to boost the international competitiveness of entrepreneurs in the rubber supply chain.

Emerging markets in Asia-Pacific are expected to benefit from supply chain decoupling, as the US and Europe are looking to diversify risks in security-related industries, say analysts.

50 million people are living in conditions of modern slavery — a 25% rise over the last five years, says a new report. According to it, the Group of 20 nations are contributing to this increase, as their trade operations and global supply chains allow for human rights abuses. 

The cost of filling your grocery cart in Canada increased by 10.3 per cent in 2022 and is projected to increase by an additional five to seven per cent this year.

The decoupling of global supply chains following trade conflicts between the US and China could benefit Thailand in the automotive, electrical appliances, and electronics industries.

Ministers from Thailand, the United States, Japan and 11 other Indo-Pacific nations agreed Saturday to strengthen supply chain resilience for critical items such as semiconductors and medicines to respond more promptly to emergencies.

China and South Korea have agreed to strengthen dialogue and cooperation on semiconductor industry supply chains, amid broader global concerns over chip supplies, sanctions and national security, China's commerce minister said.

As supply from Illawarra mines declines, a $182-million upgrade to BlueScope's Port Kembla coal berths will allow the steelmaker to import coal from Queensland.

Fresh food suppliers say the high cost of energy and labour and the impact of supply chain disruptions is keeping fresh produce prices high for consumers.