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Asean News Headlines at 9pm on Saturday (May 21, 2022)
Here's a look at the news highlights from Asean countries in the Star-AseanPlus section for Saturday (May 21, 2022)
Brunei minister makes call to strengthen intra-Asean trade and investment
A Brunei senior minister emphasised the need to strengthen intra-Asean trade and investment in the post Covid19 world as well as emphasising the Asean centrality in navigating the uncertainty and rapidly evolving economic landscape.
Shanghai lockdown: City finds three new community infections even as death toll falls to zero, as path to reopening is lined with risks
Shanghai found three community infections across the city of 25 million residents, even as the death toll fell to zero for the firs time since April 18, underscoring how the city’s journey towards reopening on June 1 is still paved with risks.
China robot unicorn Hai Robotics eyes international expansion as market for warehouse automation cranks up
Shenzhen-based warehouse robot start-up Hai Robotics, which counts Chinese e-commerce giants Alibaba Group Holding and JD.com among its clients, is speeding up international expansion with the goal of having half its business coming from outside China this year
China-Australia relations: Canberra’s ‘fear of looking weak’ hints at no relief for exporters
More than two years on, Australian producers are still feeling the lingering impact of China’s one-sided trade war.
Tumbling U.S. stocks stoke recession fears: Sky News
LONDON, May 20 (Xinhua) -- U.S. stock markets saw their biggest daily losses since June 2020 on Wednesday and it has stoked a panic over the prospects for an inflation-fueled recession, Sky News reported on Thursday.
High import tariffs lead to baby formula shortage in U.S.: report
NEW YORK, May 20 (Xinhua) -- With only four major manufacturers of formula in the United States today: Mead Johnson, Abbott, Nestle, and Perrigo, some 40 percent of the nation's baby formula has been out of stock recently, causing new mothers to hunt from store to store to feed their infants.
Industrial segment in bright spot
Growth in volume and value likely to sustain on rise in eCommerce
Global trade outlook still faces headwinds
THE year 2021 was an exceptional year for the global trade market after overcoming the Covid-19 pandemic.
