If Singapore doesn't pick up the pen and start drawing itself back into the narrative, we’ll find ourselves relegated to the footnotes of maritime history.
China accounts for roughly 60% of global mined production of magnet rare earths, as well as more than 90% of refining, and 95% of permanent magnet production.
SMBs that commit to building real-time visibility, data-driven reorder logic and genuine supply chain flexibility into how they operate will be the ones weathering the next disruption.
According to the International Maritime Organization, some 20,000 civilian seafarers are stuck on board trapped ships and the other utility and support vessels.
The regulations allow the government to target foreign organizations and individuals if they suspend normal trade with China in violation of market rules.
The proposed bill would blacklist some of China's biggest chip companies, and give U.S. allies 150 days to show progress with aligning on these controls.