Logistics

Manufacturers also see Vietnam as an attractive base, with wages being the second lowest in Southeast Asia and warehouse or factory infrastructure costs being lower than China, India, Indonesia, and Malaysia. The country’s skilled labour, geographical proximity to China, and its free trade agreements, which include pacts with the EU and South Korea, put Vietnam in an ideal position to capitalise on the effects of the US-China trade tensions. … [Read more...] about Singaporean logistics mainstays keen on expansion

Given the damage to the local infrastructure, vital services like hospitals urgently need reliable electric power, and this fast solution from Siemens could provide significant support for the city and its population. “Our hearts and minds are with the people of Beirut in this particularly difficult situation,” said Bernd Montag, CEO of Siemens Healthineers. “The purpose of our company is to use our innovations in order to help people lead longer and healthier lives. That’s why we’re working quickly to relieve the worst distress at local hospitals.” … [Read more...] about Siemens supports Lebanon victims in wake of recent tragic catastrophe