Showing 1 - 10 of 17
Equations that matter: maximising value in challenging times
Dr Philios Andreou Sphika, Published on 27/10/2024
» Some industries are struggling to survive in the face of the prevailing symptom of low demand. The results are evident. There is uncertainty in all sectors, and the word “layoffs” has gone from being an unknown and stigmatised term to something more common.
Shares rise as US data points to more rate cuts
Business, Nuntawun Polkuamdee & Nareerat Wiriyapong, Published on 12/10/2024
» RECAP: Stocks in the region rose after slightly weaker US labour data reinforced the belief that the Federal Reserve will continue to cut interest rates in November.
H&M probes Myanmar factory abuses
Reuters, Published on 16/08/2023
» LONDON - H&M told Reuters it is following up on 20 alleged instances of labour abuse at Myanmar garment factories that supply the world's second-largest fashion retailer, just weeks after top rival Zara owner Inditex said it is phasing out purchases from the Southeast Asian country.
Portuguese textiles become international player
AFP, Published on 25/10/2022
» VILA NOVA DE FAMALICAO, Portugal: Shaken in the last 20 years by competition from Asia, Portugal's textile industry has found its footing again and become a major player, supplying firms not just in Europe but also in the United States.
Green recovery
Asia focus, Pattama Kuentak, Published on 08/08/2022
» As the world emerges from Covid-19 and faces stagflation and war, climate crisis remains one of the greatest threats to humanity. A green recovery has become a priority for policymakers in Southeast Asia and around the world, who aim to create a more sustainable path that focuses on the environment, climate change and disaster preparedness.
Activists accuse German firms over Uyghur forced labour
AFP, Published on 07/09/2021
» BERLIN: Rights activists said Monday they had filed a criminal complaint in Germany against five retailers including C&A, Lidl and Hugo Boss, accusing them of benefiting from forced labour among China's Uyghur population.
Global brands find it hard to untangle themselves from Xinjiang cotton
New York Times, Published on 06/04/2021
» Faced with accusations that it was profiting from the forced labour of Uyghur people in the Chinese territory of Xinjiang, the H&M Group — the world’s second-largest clothing retailer — promised last year to stop buying cotton from the region.
Asean's new consumer landscape
Business, Praneeth Yendamuri & Zara Ingilizian, Published on 18/08/2020
» While Covid-19 will cause a significant economic impact with potential GDP contractions this year, the 10 Asean member states are poised for a tremendous leap forward in socioeconomic progress based on their long-term fundamentals.
Travel curbs tighten, billions in stimulus: Virus update
Bloomberg and online reporters, Published on 18/03/2020
» European leaders agreed to restrict most travel into the continent and German Chancellor Angela Merkel signalled she may be open to joint European Union debt issuance. The Trump administration is considering a stimulus plan that could reach $1.2 trillion.
Unlike 2008, world's economic doctors feud over cure
AFP, Published on 15/03/2020
» LONDON: "I think the patient is stabilised," then US president Barack Obama declared after G20 powers prescribed unprecedented remedies to steady the crisis-wracked world economy just over a decade ago.