THE 14 member countries of the US-led Indo-Pacific Economic Framework (Ipef) on Tuesday inked a “prosperity agreement” which aims to develop supply chain resilience to generate more jobs and reduce poverty, among others. Ipef is currently being negotiated by 14 countries in the region. Aside from the United States and…
A “chaotic scenario” is expected for Asian companies in the next 24 months due to issues on demand visibility brought by geopolitical conflicts impacting supply chains, according to Procurement and Supply Institute of Asia (PASIA) President Charlie Villaseñor. “There’s a lot of things going on reverse globalization, or supply chain diversification countries…
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