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Asia’s relentless buying of liquefied natural gas earlier this year has left the region so well stocked for winter that spot shipments are being diverted to energy-hungry Europe.
Coffee snobs have a lot to worry about right now. A global shortage of beans is already threatening to push up prices at cafes and supermarkets. Now, your morning cappuccino or latte might start leaving a bitter taste for other reasons too.
Asia’s largest ports are showing signs that congestion is easing ahead of the holiday season, a potentially positive step for key trade gateways in the U.S. that are still battling an influx of imports.
The world is facing a new era of rapidly increasing food prices that could push almost 2 billion more people into hunger in a worst-case climate crisis. Confronting the dire predictions, farmers have begun to adapt.
The U.S. intends to initiate a new economic framework for the Indo-Pacific in 2022, Commerce Secretary Gina Raimondo said, as the Biden administration aims to reinvigorate America’s standing in the region.
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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