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DAVID PRATT ON THE WORLD: It's time for rough trading, Myanmar style

DAVID PRATT ON THE WORLD: It's time for rough trading, Myanmar style
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Kakuzi receives commendation by UK's Ethical Trading Initiative organization

Shares
ETI is a global organization working to define best practice in ethical trade. The organization has acknowledged marked progress in the alternative dispute resolution measures undertaken by Nairobi Securities Exchange (NSE) listed Kakuzi.
The ETI report stated, “We know how valuable the horticulture export sector is to Kenya and to those whose livelihoods depend on it. We hope that by addressing the legitimate concerns of workers, by building better relationships and stronger working practices, Kakuzi can go from strength to strength based on decent working conditions and a safe work environment. We commend those who have made this agreement possible and urge them to ensure continued progress and transparency for all concerned.” ....

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Myanmar crisis now sounds death knell for garment industry, jobs and hope

Two years after opening his garment factory in Myanmar, Li Dongliang is on the verge of closing down and laying off his 800 remaining workers. ....

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In dire straits

In turmoil: Workers iron and arrange clothing at a garment factory at Hlaing Taryar industrial zone in Yangon. The garment industry in Myanmar is struggling due to the Covid-19 pandemic and the ongoing military coup. Reuters
YANGON: Two years after opening his garment factory in Myanmar, Li Dongliang is on the verge of closing down and laying off his 800 remaining workers.
Business had been struggling because of the Covid-19 pandemic, but after a Feb 1 coup that sparked mass protests and a deadly crackdown, during which his factory was set alight amid a surge of anti-Chinese sentiment, orders stopped.
His story is emblematic of the perilous situation facing a sector critical to Myanmar’s economy, which accounts for a third of its exports and employs 700,000 low-income workers, according to UN data. ....

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Myanmar crisis sounds death knell for garment industry, jobs and hope

Myanmar crisis sounds death knell for garment industry, jobs and hope
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