Diesel prices have soared across Asia (Bloomberg)

OIC Economies

Striking truckers in Asia threaten to add to supply chain snarls


Published 09 Nov,2021 via Bloomberg Markets - 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, vowing to continue until the government reverses its decision to raise diesel prices by 23%, 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, while in Thailand tens of thousands of drivers have been on strike since last week and are demanding a cap on diesel prices.

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Ann Koh - Bloomberg