News Snapshot:
The COVID pandemic and the resulting massive production disruptions in Southeast Asia will lead to greater diversification and a major reshaping of global supply chains, say experts. Southeast Asia has emerged as a key player in global supply chains over the past few decades, with countries like Vietnam, Thailand and Malaysia becoming major manufacturing hubs. The region now is a key production zone for cars, computers, electronics and garments, among other products. But the massive production disruptions wrought by the COVID pandemic now threaten to cause a shift in value chains. The region has been hit by a resurgence in...
