Striking truckers in Asia threaten to add to supply chain snarls, Economy News & Top Stories


Source: singaporenewslive.com singaporenewslive.com

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SINGAPORE (BLOOMBERG) – Truckers are striking against surging diesel prices across Asia’s emerging economies, threatening to add pressure on snarled global supply chains. The latest protest is taking place in Bangladesh, where truck owners and staff have stopped work since Friday (Nov 5), vowing to continue until the government reverses its decision to raise diesel prices by 23 per cent, according to the country’s Truck, Covered Van and Lorry Owners and Workers’ Coordinating Council. Earlier this month, truckers in Indonesia’s South Kalimantan met the local government during a one-day stoppage to complain about diesel shortages and smuggling at fuel stations,...