Other Asia
A. P. Moller - Maersk to acquire LF Logistics, a premium omn
22 December 2021 Warehousing and Distribution Asia Pacific Copenhagen, Denmark: A.P. Moller - Maersk (Maersk) has reached an agreement to acquire LF Logistics, a Hong Kong-based contract logistics...
Samsung Electronics Officially Names Merged SET Division As
Korea on December 12, 2021 Samsung Electronics officially named its newly merged SET Division as the DX (Device eXperience) Division, reflecting its ongoing commitment to creating new and meaningful experiences for customers. The DX Division, headed by Vice Chairman and CEO Jong-Hee Han, will comprise of the Visual Display Business, Digital Appliances Business, Health & Medical Equip...
Maersk partners with UNAHCO on dedicated logistics facility
10 December 2021 December 9, 2021, Manila, the Philippines – A. P. Moller-Maersk announced recently, to provide end-to-end logistics solutions with a dedicated warehouse and bagging facil...
Samsung Electronics Announces New Leadership
Korea on December 7, 2021 Jong-Hee Han to lead the newly merged SET Division, Kyehyun Kyung to head the Device Solutions (DS) Division Samsung Electronics today announced its new leadership for the next phase of the Company’s future growth and to strengthen its business competitiveness. Jong-Hee (JH) Han was promoted to Vice Chairman and CEO, and will lead the newly merged...
3.7 SOUTHEAST ASIA - Singapore
In 2020, Singapore’s GDP was at an all-time low since the nation’s founding in 1965. The pandemic spread explosively in April, and a restrictive national measure called the circuit breaker...
3.7 SOUTHEAST ASIA - The Philippines
The Philippine economy shrank by 9.5% in 2020, the most significant contraction since the Statistics Department began collecting data in 1946. The actual contraction in the first quarter was 4.2%. ...
TezMedz and Tabiyat.pk Signs Contract with Maersk for Integr
05 December 2021 The two dedicated cold chain warehousing & distribution (W&D) facilities will cater to B2B and B2C requirements of the pharmaceutical eCommerce platforms from Karac...
3.7 SOUTHEAST ASIA - Malaysia
The GDP growth rate of Malaysia in 2020 was the worst since the 1998 Asian currency crisis. Due to the impact of the pandemic, the operation of private enterprises has been quite badly hit. The govern...
3.7 SOUTHEAST ASIA - Thailand
Affected by the national blockade policy, the GDP of Thailand’s economy, which is mainly driven by tourism and foreign trade, fell by 6.8% year on year during the first three quarters. Since the...
3.7 SOUTHEAST ASIA
In 2020, the GDP of the six Association of Southeast Asian Nations (ASEAN) countries (Vietnam, Thailand, the Philippines, Singapore, Malaysia, and Indonesia) fell to the lowest level in 20 years. Viet...
