Even as they struggle with one of the world’s worst COVID-19 outbreaks, nations across Southeast Asia are slowly realizing that they can no longer afford the economy-crippling restrictions needed to squash it.
Shanghai has halted some container port operations and will cancel most flights Monday and Tuesday as Typhoon Chanthu approaches the city, which is China’s financial capital and a major shipping hub.
Ford Motor Co. will shut its car factories in India and record roughly $2 billion in restructuring charges, scaling back significantly in a country that past management saw becoming one of its three biggest markets.
Orders at factories are piling up as companies around the world struggle to meet demand amid a damaging mixture of the coronavirus and widespread bottlenecks in supply chains.
The snarls that finally toppled one of the world’s best-maintained supply chains have sparked deeper questions about whether the auto industry’s strategies to prioritize efficiency and maintain minimal inventory will endure in the post-pandemic world.
The latest supply chain news, analysis, trends and best practices for companies operating in Asia Pacific. The Asia Pacific region is the part of the world in or near the Western Pacific Ocean - including East Asia, South Asia, Southeast Asia, Australia and Oceania. Learn how businesses are optimizing supply chain and logistics performance in these regions - addressing a range of challenges such as rising labor costs, poor infrastructure, complex customs and trade laws, unstable political climates and government controlled exchange rates.
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