South Korean Minister Discusses Supply Chain

18 Nov 2024 CW Team

At the APEC CEO Summit, South Korean Trade Minister discussed enhancing supply chain resilience and global trade cooperation. The summit, attended by leaders from across the Asia-Pacific region, served as a platform for discussing key economic issues, including supply chain disruptions that have affected global markets in recent years. Minister's remarks emphasized the need for stronger partnerships among APEC members to tackle these challenges and ensure the stability of regional supply chains.

During the summit, the South Korean trade chief outlined various strategies for improving trade logistics and enhancing collaboration on critical supply chain sectors. This includes focusing on technological advancements, diversifying supply sources, and improving infrastructure to handle global trade fluctuations more effectively. The discussion also touched on the importance of reducing trade barriers and increasing economic cooperation across the Asia-Pacific, which is home to some of the world's largest economies.

The South Korean government has been actively engaging with regional partners to create more robust and resilient trade networks, understanding that global interdependence requires new, innovative solutions. The summit provided a vital opportunity for leaders to agree on initiatives aimed at bolstering supply chains against potential disruptions and preparing for future economic uncertainties.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..