How to make EVs without China’s supply chain

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Two electrifying moves in recent weeks have the potential to ignite electric vehicle demand in the United States. First, Congress passed the Inflation Reduction Act, expanding federal tax rebates for EV purchases. Then California approved rules to ban the sale of new gasoline-powered cars by 2035. The Inflation Reduction Act extends the Obama-era EV tax […]

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Companies ordered to conduct mandatory time-out to review safety procedures amid uptick in workplace fatalities and injuries

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In: South-East Asia

To strengthen workplace safety, MOM introduced a six-month “heightened safety” period, which takes effect from Thursday till Feb 28.  Under this, companies who are found to have serious workplace safety lapses as well as their senior management will be held more accountable.  Among the new measures, companies with unsafe workplaceContinue Reading

China’s August factory activity shrinks as orders weaken: Caixin PMI

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BEIJING: China’s manufacturing plant activity contracted the first time in three months within August amid weakening demand, while strength shortages and refreshing COVID-19 flare-ups disrupted production, a private field survey showed on Thursday (Sep 1).   The Caixin/Markit manufacturing purchasing managers’ catalog (PMI) slid in order to 49. 5 withinContinue Reading

Chinese engineer flies to Singapore for job at ecommerce giant Shopee but offer is cancelled when he lands at Changi Airport

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The Chinese engineer stated he learned e-commerce giant Shopee rescinded his offer right after landing in Singapore with his wife plus dog. The city condition is an attractive destination for Chinese workers and companies amid the slowing economy in your own home, but cutbacks are roiling tech firms worldwide. Read full story Continue Reading