The trade tensions between the United States and China in 2018 have initiated significant shifts in global sourcing practices, potentially posing challenges to ethical standards and quality control measures, as highlighted in a recent report by QIMA, a leading provider of global quality control and supplier compliance services.
The Federation of Malaysian Manufacturers (FMM) has urged for the postponement of the service tax implementation for logistics services, citing the need for thorough evaluation to mitigate its adverse effects on manufacturers and the general public.
Amazon, the big online store, is going to tell investors how it's doing in the last quarter of the year. People are wondering if Amazon can make more money from its "Buy With Prime" service. This service lets people get free shipping in one or two days. It costs $14.99 a month or $139 a year to be a Prime member. With Buy With Prime, sellers can offer this shipping to Prime members even if they're not buying from Amazon.
Three years into the Covid-19 pandemic, Malaysia is still grappling with unresolved policies, notably the foreign labor quota, which is hindering the nation's reopening efforts. Consequently, acute labor shortages have emerged, prompting companies to reevaluate their operations by embracing automation and digitalization.
As the Covid-19 pandemic forced the closure of brick-and-mortar stores nationwide, both consumers and businesses shifted towards online marketplaces, resulting in a significant surge in e-commerce activity.
Southeast Asian nations are being urged to seize a unique opportunity arising from the global trade shift away from China's supply chain, according to Liew Chin Tong, the deputy minister for investment, trade, and industry.
Australia initiated a comprehensive review into pricing and competition within its supermarket sector on Thursday, unveiling a set of policies aimed at enhancing household finances and addressing declining popularity.