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Vietnamese healthtech firm BuyMed banks USD500k in seed round

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25-Sep-19 Vietnam-based BuyMed, the startup behind pharma distribution marketplace Thuocsi.vn, has secured USD500,000 in seed funding led by Singapore’s Cocoon Capital and VietCapital Ventures. BuyMed was founded in 2018 to simplify healthcare distribution in Vietnam and Southeast Asia. [image: BuyMed]

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IKEA forays into e-commerce in India

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19-Aug-19 IKEA is launching an e-commerce online delivery system in India ahead of the opening of its first physical store in Mumbai. The company will be working in partnership with the IndoSpace Industrial Park in Chakan, Pune for distribution. [image: CNBC TV18]

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COSCO Shipping to expand in Malaysia

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16-Aug-19 COSCO Shipping is expanding its logistics operations in Malaysia with the proposed acquisition of Gem Logistics, Dolphin Shipping and East West Freight Services. The company also plans to lease land at Port Klang to construct a 300,000 sqf warehouse. [image: Supply Chain Asia]

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Southeast Asia won't be developed countries' trash can

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02-Aug-19 ASEAN foreign ministers have declared their governments' rejection of illegal transboundary movement of hazardous chemicals, much of which is shipped to Southeast Asia from developed countries. They also mentioned the need to enhance cooperation with the international community. [image: Ministry of Environment Cambodia]

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DHL Supply Chain creates smart Singapore warehouse for Tetra Pak

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22-Jul-19 DHL Supply Chain has created a smart warehouse solution for food packaging company Tetra Pak, bridging its physical warehouse with a unique virtual representation that monitors and simulates both the physical state and behaviour of the warehouse's assets in real-time. [image: DHL / The STAT Trade Times]

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