H&M pauses placing new orders in Myanmar
Skip to main content
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
  • Epaper
  • More
    • Subscribe
    • COVID-19
    • Bangladesh
    • Splash
    • Videos
    • Games
    • Long Read
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
The Business Standard

Tuesday
June 28, 2022

Sign In
Subscribe
  • Home
  • Economy
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
  • Epaper
  • More
    • Subscribe
    • COVID-19
    • Bangladesh
    • Splash
    • Videos
    • Games
    • Long Read
    • Infograph
    • Interviews
    • Offbeat
    • Thoughts
    • Podcast
    • Quiz
    • Tech
    • Archive
    • Trial By Trivia
    • Magazine
    • Supplement
  • বাংলা
TUESDAY, JUNE 28, 2022
H&M pauses placing new orders in Myanmar

South Asia

Reuters
08 March, 2021, 05:15 pm
Last modified: 08 March, 2021, 05:20 pm

Related News

  • Myanmar’s Suu Kyi moved to solitary confinement in jail - military
  • Pleas for help as Myanmar awaits high-profile executions
  • Myanmar junta calls return of executions 'required action'
  • ‘ARSA killed Muhibullah due to his rising popularity among Rohingyas’
  • Bangladesh needs global support to fight radicalisation at Rohingya camps: India at UN

H&M pauses placing new orders in Myanmar

“Although we refrain from taking any immediate action regarding our long-term presence in the country, we have at this point paused placing new orders with our suppliers,” Serkan Tanka, Country Manager Myanmar, said in an email

Reuters
08 March, 2021, 05:15 pm
Last modified: 08 March, 2021, 05:20 pm
H&M logo is seen on a shop in Riga, Latvia January 30, 2020. REUTERS/Ints Kalnins
H&M logo is seen on a shop in Riga, Latvia January 30, 2020. REUTERS/Ints Kalnins

Sweden's H&M, the world's second-biggest fashion retailer, said on Monday it was shocked by the use of deadly force against protesters in Myanmar and that it had paused placing orders in the country.

"Although we refrain from taking any immediate action regarding our long-term presence in the country, we have at this point paused placing new orders with our suppliers," Serkan Tanka, Country Manager Myanmar, said in an email.

"This is due to practical difficulties and an unpredictable situation limiting our ability to operate in the country, including challenges related to manufacturing and infrastructure, raw material imports and transport of finished goods."

Top News / World+Biz

H&M / Myanmar

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Infographic: TBS
    Budget proposals to hurt Digital Bangladesh: Tech entrepreneurs
  • Photo: TBS
    Awami League wants EVM in next election: Obaidul Quader
  • Photo: BBC
    Sri Lanka suspends non-essential petrol sales for two weeks

MOST VIEWED

  • Photo: BBC
    Sri Lanka suspends non-essential petrol sales for two weeks
  • Mukesh Ambani steps down as director of Reliance Jio, son Akash takes over
    Mukesh Ambani steps down as director of Reliance Jio, son Akash takes over
  • Photo: TWITTER/@ZOO_BEAR
    Delhi Police seeks 5-day custody of Alt News co-founder Mohammed Zubair
  • Photo: Collected
    Water crisis threatens food security in Pakistan
  • Former ISI chief supports PTI
    Former ISI chief supports PTI
  • Photo: TWITTER/@ZOO_BEAR
    Arrest of Indian Muslim journalist sparks widespread outrage

Related News

  • Myanmar’s Suu Kyi moved to solitary confinement in jail - military
  • Pleas for help as Myanmar awaits high-profile executions
  • Myanmar junta calls return of executions 'required action'
  • ‘ARSA killed Muhibullah due to his rising popularity among Rohingyas’
  • Bangladesh needs global support to fight radicalisation at Rohingya camps: India at UN

Features

Abortion is a part of healthcare. Photo: Bloomberg

Abortion is healthcare and women’s rights are human rights

4h | Panorama
Prashanta Kumar Banerjee. Sketch: TBS

'Public Asset Management Company can be an additional tool to curb bad loans'

6h | Interviews
Aid boats navigate through the different waters of Jamalganj Upazila, giving aid to flood victims.  Photo: Masum Billah

Bandits, hunger and snakes: Flood victims pass sleepless nights

8h | Panorama
Redmi 10C- Best Budget smartphone with one (big) compromise

Redmi 10C- Best Budget smartphone with one (big) compromise

1d | Brands

More Videos from TBS

Social groups of Dhaka University stand beside the flood affected

Social groups of Dhaka University stand beside the flood affected

2h | Videos
Ways to earn extra income in student life

Ways to earn extra income in student life

7h | Videos
The dormant south is ablaze with new possibilities

The dormant south is ablaze with new possibilities

21h | Videos
Russian missiles strike Kyiv

Russian missiles strike Kyiv

22h | Videos

Most Read

1
Padma Bridge from satellite. Photo: Screengrab
Bangladesh

Padma Bridge from satellite 

2
Desco wanted to make a bold statement with their new head office building, a physical entity that would be a corporate icon. Photo: Courtesy
Habitat

Desco head office: When commitment to community and environment inspires architecture

3
Japan cancels financing Matarbari coal project phase 2
Bangladesh

Japan cancels financing Matarbari coal project phase 2

4
Photo: Courtesy
Corporates

Gree AC being used in all parts of Padma Bridge project

5
Photo: TBS
Infrastructure

Gains from Padma Bridge to cross $10b, hope experts

6
Photo: TBS
Bangladesh

Motorcycles banned on Padma Bridge 

EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2022
The Business Standard All rights reserved
Technical Partner: RSI Lab
BENEATH THE SURFACE
Workers unload boats and stockpile sacks of paddy at the BOC Ghat paddy market on the bank of the River Meghna in Brahmanbaria’s Ashuganj, the largest paddy market in the eastern part of the country. This century-old market sells paddies worth Tk5-6 crore a day during the peak season. PHOTO: RAJIB DHAR

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net