How COVID-19 in Southeast Asia is threatening global supply chains bdnews24.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bdnews24.com Daily Mail and Mail on Sunday newspapers.
Fresh coronavirus outbreaks in Southeast Asia have hurt factory activity across industries, threatening the region's recovery from the COVID-19 pandemic and disrupting global supplies of goods such as apparels, automobiles, and electronics.
Fresh coronavirus outbreaks in Southeast Asia have hurt factory activity across industries, threatening the region’s recovery from the COVID-19 pandemic and disrupting global supplies of goods such as apparels, automobiles, and electronics. Coronavirus curbs have led companies to shut factories and suspend or reduce operations at a time when Asia’s manufacturing sector is already grappling .
Taiwanese companies need to work on decarbonizing or risk being “excluded from the supply chains of the future,” the Ministry of Economic Affairs said yesterday.
Speaking at a forum for decarbonation organized by the Chinese National Federation Industries (CNFI, 全國工業總會), Bureau of Foreign Trade Deputy Director-General Cynthia Kiang (江文若) said that now is the time for Taiwanese companies to start preparing for requirements from countries and companies for greener supply chains and clear accounting of carbon emissions.
The EU in July announced the Carbon Border Adjustment Mechanism (CBAM), under which products produced with a large carbon footprint would face tariffs