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Global Production Levels Falling At the End of 2023

Supply Chain Matters

This index is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. Declines in the manufacturing sector were noted for Myanmar , Thailand , and Malaysia. These nations reportedly account for 98 percent of ASEAN manufacturing value added. by the end of the year.

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Global Wide Production PMI Levels Unchanged in February 2024

Supply Chain Matters

United Kingdom manufacturers additionally pointed to the ongoing Red Sea shipping crisis leading to added supply disruptions. This index is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand , and Vietnam. in February compared to 50.3 in January, and 49.7

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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

The March report made specific mention of the impact of maritime disruption attributed to the diversion of ships from the Suez Canal as a result of Red Sea terrorist attacks. This index is a compilation of seven termed ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. reported for January.

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Enter RCEP: The World’s Largest Free Trade Agreement

Logistics Viewpoints

This last item, rules of origin (ROO) is particularly significant as it means that a product can be shipped at the most preferential tariff rate to any of the 15 RCEP markets as long as it contains content produced in any one of these countries. RCEP Benefits for Singapore, according to the country’s Ministry of Trade and Industry.

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