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Asia’s manufacturing supply chains for spare parts, such as electronic goods and automobiles, to manufacturers in Europe are being threatened by the dislocation in the shipping route on the Red Sea, which has been ongoing since late December, said Cedomir Nestorovic, professor of geopolitics at Singapore’s ESSEC Business School Asia-Pacific.
Princess Aiko, the only child of Japan's Emperor Naruhito, will begin work at the Japanese Red Cross Society in April after graduating from university.
Some importers have decided to hold off on placing new orders with their European suppliers.
Global annual renewable capacity additions increased by almost 50 per cent last year – the fastest growth in two decades – yet clean energy accounts for less than 10 per cent of energy production in most Southeast Asian nations.
The Palestinian Red Crescent accused Israel of firing on Friday at a hospital in Khan Younis, as a major advance in the main city in the southern Gaza Strip threatened the few healthcare facilities still open.
BEIJING: China called for an end to «harassment» of civilian vessels in the Red Sea on Friday (Jan 19) after attacks on ships by Houthi rebels in solidarity with Palestinians in Gaza.
DHAKA -- Bangladesh's garment industry faces surging freight rates, longer lead times and container shortages as spillover effects from fighting in the Red Sea, just months after the sector was roiled by protests over wages and subsequent factory closures.
A leading ocean supply chain advisory firm is warning that the disruptions to shipping from the Houthi rebel attacks in the Red Sea are already more damaging to the supply chain impact than the early Covid-19 pandemic.