WASHINGTON - President Donald Trump's new tariffs on Chinese goods are a "job killer" that will slam consumers and could make a recession more likely, industry groups said Wednesday. The latest cry for peace in Trump's year-long trade war came just days before the first in series of tariff increases is due to go into effect -- potentially raising prices ahead of the crucial holiday shopping period. In a sharp deterioration in the US-China trade war, Trump last week ramped up the punitive duties for the vast majority of US imports from China. The five percent increases, which will take the tariffs to 15 percent and 30 percent, are due to roll out in stages through December and target some popular items, such as laptops, mobile phones and some shoes. More than 200 footwear manufacturers and retailers, including major brands such as Nike and Foot Locker, signed onto the letter alerting that the new tariffs could cost US consumers an additional $4 billion a year and increase the chances of … [Read more...] about New China tariffs a ‘job killer,’ US industry tells Trump
Job seeking tools
To meet this need, local start-up New Day, or Neh Thit in the Myanmar language, built a website to connect blue collar job seekers and employers, said Ngwar Bo Mee, head of customer service at New Day. “But with market demand extending well beyond minimum wage jobs, we decided to include white-collar workers. Firms that use online recruitment services find more white-collar workers. We help them find entry-level and mid-level people,” Ngwar Bo Mee said. There are currently 50,000 job seekers and over 40 employers using Neh Thit, but the firm’s long-term goal is to create a transparent human resources and hiring system for the country. New Day was set up in 2017 by Conor Smith, an American. The website aims to help job seekers in Myanmar find jobs in a single place and to give businesses access to a pool of applicants. The start-up won Best Start-up Award from Seedstars Yangon in 2018, and has received funds from the GSMA Ecosystem Accelerator Fund and … [Read more...] about Jobs start-up seeks to connect workers, employers in Yangon
Government Savings Bank wants to offer special mortgages to address borrowers' pain points. (Photo by Patipat Janthong) Measures by Government Savings Bank (GSB) to ease mortgage requirements are scheduled to seek board approval on June 18 to comply with the government's policy to help homebuyers better access financial sources in the wake of the central bank's tighter regulations.The three measures consist of mortgages for those who deposit a particular amount for a certain period as required by the state-owned bank; mortgages for those who make down payments on a monthly basis for a specific period to property developers that have projects financed by the bank's loans; and mortgages for state officials and private-sector employees based on their salary increments over the course of three years. The mortgages based on borrowers' pay rises over the next three years will have a 3% rate for private-sector workers and 5% rate for state officials, said president and chief executive … [Read more...] about GSB seeks nod for mortgage measures
By Julie Jargon WSJ Tues., April 30, 2019 Divorce can bring out the worst in parents who are already accustomed to bickering with each other. Even an argument about whether a kid should join a soccer team—and who will pay—can end up in a courtroom. To minimize discord and unnecessary court time, family-law judges increasingly order warring parents to use co-parenting apps. The new tools may not solve every problem, but experts say they can ease the stress on children caught in the crossfire. Created by divorced parents, family-law attorneys and judges who saw a need to create a better way for families to communicate, the apps can allow parents to document their compliance with the parenting plan. Some have a check-in feature so parents can prove that they picked up or handed off their children when and where they were supposed to. Others use artificial intelligence to flag messages written in an aggressive tone, reminding parents to keep their communications … [Read more...] about When parents divorce, apps can reduce the child-custody acrimony
SINGAPORE: Every time freelance writer Clare Lee, 27, uses a changing room when trying on clothes in fashion outlets big and small, she will take a few minutes to inspect every nook and cranny in her cubicle for hidden cameras before feeling safe enough to undress herself.For 27-year-old Fiona, who did not want to give her full name, she will always double-check that the curtains in her bedroom or hotel are fully drawn such that there is not even a teeny-weeny gap for anyone to peek through, and steer clear of unattended baskets in supermarkets.Freelance content creator Hilary See, 27, would refrain from standing near the edge of the escalator where people can look up her skirt, and try to use either a bag or a file to cover the back of her skirt while climbing the stairs.With spycams and phone cameras taking voyeurism to unsavoury new heights, these women are among a growing number of people who have taken extra precautions to protect themselves and their private spaces.As Fiona, … [Read more...] about The Big Read: Singapore’s voyeurism problem – what’s wrong with men, or the world?