The Business Times
business-time-50

E-commerce boom to benefit Apac logistics players

There are new challenges with costs and quality of service; analysis firm suggests these could be mitigated by moving inventory into multiple markets, closer to where demand is

Tay Peck Gek

Tay Peck Gek

Published Sun, Apr 18, 2021 · 09:50 PM
    E-commerce and logistics boom

    Singapore

    ASIA-PACIFIC'S logistics expenditure is estimated to log a compound annual growth rate (CAGR) of 6.5 per cent between 2020 and 2024, according to Transport Intelligence (Ti).

    The UK-based research and analysis company estimated that spending amounted to nearly 2.6 trillion euros (S$4.2 trillion) in Asia-Pacific in 2020, accounting for 45 per cent of global logistics.

    LogisticsE-commerceChasengke corp

    TRENDING NOW

    GCash is one of the Philippines’ most widely used financial platforms, serving nearly 56% of the country’s adult population in the three months ended Jun 30.

    GCash parent Mynt rises in market debut after South-east Asia’s top 2026 IPO

    Universities see their role in equipping students with a foundation that can sustain them beyond their first job.

    In the age of AI, what is a university education for?

    Senior Minister K Shanmugam said that government agencies are considering legal, regulatory and economic measures to exert pressure on companies responsible for the haze.

    Singapore to use ‘every legal and regulatory lever’ against companies linked to haze: Shanmugam

    In Asia, KKR has larger portfolio allocations in Japan and India relative to other markets, though allocation trends shift every few years.

    ‘IPOs are not the only vehicle’: KKR heads for record exits even as firms stay private for longer

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More