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US News H&M suspends orders from Burma

15:35  08 march  2021
15:35  08 march  2021 Source:   pressfrom.com

Bloody day in Burma: the junta becomes violently radicalized

 Bloody day in Burma: the junta becomes violently radicalized © Provided by La Tribune "Myanmar (Burma) is a battlefield", commented Charles Maung Bo, Catholic cardinal of this predominantly Buddhist country, on Twitter . Burmese police opened fire on protesters in Rangoon and several other cities across the country on Sunday, killing at least 18 people on the bloodiest day since the start of the protest movement against the coup, according to the UN.

BURMA-POLITICS-HM-SUPPLIERS: H&M suspends orders from Burma

H&M SUSPEND SES COMMANDES EN PROVENANCE DE BIRMANIE © Reuters / TT NEWS AGENCY H&M SUSPENDING ORDERS FROM BURMA

STOCKHOLM (Reuters) Swedish clothing giant H&M decided on Monday to suspend orders from Burma, saying it was shocked by the use of force against demonstrators protesting the February 1 military coup.

"Even if we have not taken an immediate decision regarding our long-term presence in the country, we have decided at this stage to stop any new orders from our suppliers", writes in an email Serkan Tanka , responsible for H&M in Burma.

"This is linked to concrete difficulties and an unpredictable context limiting our ability to operate in the country, with in particular obstacles in terms of manufacturing production and infrastructure, imports of raw materials and transport of finished products" , he added.

KION share strong: KION will achieve its own targets in 2020

 KION share strong: KION will achieve its own targets in 2020 The forklift manufacturer KION wants to grow again in 2021 after a decline in sales and earnings due to the corona pandemic. © Provided by Finanz.net Hannelore Foerster / Getty Images The booming e-commerce in particular is driving business with automated storage systems. The company can look back on full order books. The company announced on Tuesday in Frankfurt that the revenues should increase from 8.3 billion euros to 9.15 billion to 9.75 billion euros in the current year.

H&M, world number two in its sector behind Inditex, the owner of Zara, has 45 direct suppliers in Burma, according to the group's website. H&M has been sourcing from Burma for seven years.

According to Serkan Tanka, H&M is extremely concerned about the situation in Burma and is discussing it with UN agencies, diplomatic representatives, human rights experts, unions and other multinationals.

"These consultations will guide us in our future decision on how we, as a company, can best contribute (...) to what the Burmese people are asking for," he said.

Factories, banks and businesses are closed on Monday in Rangoon, the largest city in the country, following a union call for a paralysis of the economy as part of the protest movement against the putsch.

Two demonstrators were killed on Monday, shot in the head according to witnesses.

Burmese forces have killed more than 50 people since the February 1 coup, according to an estimate provided last week by the United Nations.

(Anna Ringstrom; French version Claude Chendjou, edited by Blandine Hénault)

Burma: new violence and raids against striking railway workers .
© Provided by Le Parisien Le Parisien While the UN Security Council is still unable to find a common position on Burma to condemn the coup d'etat with the implementation of international sanctions, the violence in the country does not stop. The Burmese security forces have launched a raid in Yangon against striking railway workers who are participating in the vast movement of civil disobedience against the junta.

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