EU talks tough but goes soft on Myanmar trade

A worker at a garment factory in the Shwe Pyi Thar industrial zone in Yangon in a September 2015 file photo. Photo: AFP/Ye Aung Thu

The European Union is preparing to impose a new tranche of sanctions against Myanmar’s democracy-suspending, coup-installed military regime, but behind the new measures, a debate rages about whether Brussels should revoke the benighted nation’s EU trade privileges.  In particular, many European and Myanmar trade unions are calling for Myanmar’s suspension from the Everything But Arms […]

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‘The Great Resgination’ did not hit SEA badly: Robert Walters

Professionals in SEA value job security during uncertain times
Hiring new talent remains challenging in SEA, especially in Malaysia The much-publicised ‘Great Resignation’ appears to be more muted in Southeast Asia, based on the latest survey from Robert Walters. 
In a statement, the recruitment firm said professionals in the region are valuing job…Continue Reading

Russia sending oil and gas workers to fight in Ukraine

Russia’s effort to conscript 300,000 reservists to counter Ukraine’s military advances in Kharkiv has drawn a lot of attention from military and political analysts. But there’s also a potential energy angle. In its call for reservists, Russia’s leadership specifically targeted oil and gas workers for the draft. One might assume that energy workers, who provide […]

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On China, US and Israel should talk tech, not trade

Despite the United States’ efforts to galvanize the West against China, competing interests between America and its closest democratic allies abound. The state of Israel is no exception: As Israel continues to develop its burgeoning, US$18 billion bilateral trade relationship with China, its international ports at Haifa and Ashdod remain persistent flashpoints between Israeli and American security experts. Since […]

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A way out of exchange-rate chaos

Part 1 of this series concluded that “currency hedging is not just costly and in some countries prohibitively so, preventing companies access to credit and grow, but it brings a misallocation of talents in a floating world.” Historically, countries have not managed exchange-rate gyrations well. Their experiences, Japan being prominent, show how accurate Paul Volcker was […]

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