Analysis: Malaysia’s labour abuse allegations a risk to export growth model
Malaysia’s government and companies must address mounting allegations of workplace abuse of migrant labourers who fuel the country’s economy, or face risks to its export-reliant growth model, experts warn.
EXCLUSIVE Dyson dumps Malaysian supplier ATA over labour concerns
High-tech home appliance maker Dyson Ltd told Reuters it had cut ties with supplier ATA IMS Bhd (ATAI.KL) following an audit of the Malaysian company’s labour practices and allegations by a whistleblower, sending ATA shares plunging.
World leaders seek ways to strengthen global supply chains
U.S. President Joe Biden and 16 other world leaders on Sunday discussed action to make supply chains more resilient in the face of any future health crises, as well as climate change and even planned attacks.
Dollar rides high to U.S. jobs test
The U.S. dollar was perched at a 15-month high on the yen and at multi-month peaks against other majors on Friday, as traders wagered strong U.S. labour data could lift it even further.
Extreme weather to push property insurance higher -Hippo CEO
Extreme weather events and shortage of labour and materials for repairs will push property insurance rates higher in the next several years, the chief executive of U.S. home insurer Hippo said on Tuesday.
PM Johnson’s party sweeps aside Labour in northern English town
British Prime Minister Boris Johnson’s Conservative Party won a new seat in parliament on Friday, ousting the Labour Party in the northern English town of Hartlepool with a sweeping victory that tightens his grip on traditional opposition-voting areas. Conservative Jill Mortimer beat Labour’s candidate by 15,529 votes to 8,589, a once unthinkable victory under a […]
Australia job ads rise 4.7% in April as demand for labour stays strong
Australian job advertisements climbed for an 11th straight month in April to reach their highest in 12 years, suggesting strong demand for labour will withstand the removal of some government emergency support programmes. Monday’s figures from Australia and New Zealand Banking Group (ANZ.AX) showed total job ads grew 4.7% in April from March, when they rose 7.8%. […]
