Friday, April 26, 2013

Bangladesh mourns latest factory disaster



Bangladesh Factory Owners
Bangladesh Factory Disaster
In the wake of another deadly disaster at a major hub of garment manufacturing in Bangladesh -- this time, the collapse of a building that took the lives of more than 300 people -- the multinational brands that use the country to make their products once again find themselves having to explain what went wrong.

Already, the Canadian retailer Loblaw, which owns clothing brand Joe Fresh, confirmed that “a small number” of its wares were produced in one of the five factories held inside the doomed Rana Plaza. British retailer Primark has also acknowledged doing business with a factory on the second floor of the eight-story building.

Meanwhile, the Italian apparel retailer Benetton has denied any role there, despite having been linked to the factories inside the Rana Plaza building by documents,according to a report in The New York Times.

After another horrific spectacle in a poor country that produces the garments worn by those with consumer power in far-wealthier lands, major brands are trying to limit their exposure to the tragedy. But amid the familiar public accounting, labor advocates assert that few can ever know, with absolute certainty, where their products are made and how factory workers are treated within those plants.

Even the best intentioned multinational corporations can be involved in disastrous situations because global sourcing is so vast, and many of the factories with which they contract tend to farm out some of the work to smaller operations. The further along the supply chain one inspects, the greater the tendency for less complex tasks to be performed in the underground economy, in hazardous working conditions, by people paid less than even local minimum wage laws.

Patricia Jurewicz, director of Responsible Sourcing Network, explained that sourcing practices are different for every brand. Some brands stay close to their supply chains by owning their own factories, while others outsource everything. A common practice is to work through sourcing agents who do all the subcontracting for the apparel company, making problems down the supply chain harder to track.

Yet, if companies had unlimited resources to devote to supply chain audits, they could find out everything about where their products come from, “down to the dirt,” Jurewicz noted.

After seemingly every disaster, brands concerned about their reputations tend to publicly reinforce their commitments to auditing their supply chains. But the very process of auditing is rife with fraud and fundamentally flawed, said Lindsay Soulsby, co-founder of "mine the gap!," a firm that helps organizations improve their labor practices and working environment.

Factory social audits -- a check on social responsibility, such as labor conditions -- are often announced in advance, allowing managers to deceive auditors, Jurewicz said. Though not every factory owner or manager is unscrupulous, some don’t hesitate to lie or withhold information. Workers are coached to say the right thing about their wages and working conditions.

“People are open to data manipulation or blatant lying, and it’s not in their best interest to tell you the truth,” Soulsby said. “They tell you what you want them to hear, rather than what’s the reality on the ground ... Auditing is simply not getting to the truth.”

But in practice, the audits -- typically conducted by independent, third-party auditors -- are usually “too short, too superficial and too sloppy” to identify potentially problematic violations, according to a recent report from the Clean Clothes Campaign. Workers are scared for their own jobs, so they don’t speak up and blow the whistle. Generally, they’re not given a chance to file a complaint.

“If you’re a Bangladeshi female and you have a Western man in front of you with a translator, and your supervisor is probably nearby watching, you’re not going to say what you really think,” explained Soulsby. Even then, there’s often no one listening.

At Rana Plaza, worker complaints about large cracks drew attention from the local news stations, but a manager still told them to go inside, according to a report in The Washington Post

Then there’s the issue of the auditors themselves. In this world of underground manufacturing, not every auditor is acting in the best interest of the workers, and may accept bribes to lie about the true conditions inside a factory, according to Soulsby. Retailers are very much aware of the problem, and some auditors with bad reputations are often not taken seriously, she said.

“There are a lot of good auditors, and there is a lot of good information that comes from it, but they’re not talking enough to the workers,” said Soulsby. Instead, the task ends up being thrust to nonprofit groups and workers’ rights organizations, who act as watchdogs for the industry.

Thursday, April 25, 2013

Two Sri Lankan hotels in the list of Mashable's 30 Gorgeous Eco-Friendly Hotels


Earth Day, annual holiday of environmental sustainability, is on Monday, and green lifestyle and sustainability are especially in vogue.

It also happens to mark the beginning of peak travel season in various parts of the world. Who says hospitality and eco-consciousness have to be mutually exclusive?

Below, we've compiled a megalist of some of the top eco-friendly hotels in the world. With solar-powered electricity, structural elements made from natural materials and downright beautiful scenery, you'll definitely find a destination where you can travel responsibly.

Check out the list, and let us know in the comments which ones pique your interest
These are the two Sri Lankan hotels from the list.
Jetwing Vil Uyana
Heritance Ahungalla





Friday, April 12, 2013

Asia's Richest Man Says Profit Fell By Half Last Year



Li Ka-shing said on Tuesday the earnings from his ports-to-telecoms conglomerate fell 53%, mostly due to the absence of any sizable asset sales last year.

Hutchison Whampoa reported a net profit of 26.1 billion Hong Kong dollars ($3.4 billion) in 2012, while revenue rose 4% to 398.4 billion Hong Kong dollars ($51.2 billion).
Li Ka-shing, chairman of Cheung Kong Holdings ...


Hutchison had spun off its port assets in Hong Kong and Guangdong Province in the previous year, boosting the company’s bottom line with an additional 44.3 billion Hong Kong dollars.

Li’s flagship company Cheung Kong, the parent of Hutchison, also reported that net profit fell 30% to 32.2 billion Hong Kong dollars on the weakened earnings from its main subsidiary and a slowdown in property sales. Turnover from Cheung Kong’s real estate business dropped by 30% to 26.5 billion Hong Kong dollars as fewer projects were completed in 2012.

“During the year, residential property prices in Hong Kong maintained their rising trend on the back of solid demand from end users and tougher measures were introduced by the Hong Kong government to curb the residential property market,” Li said in a statement.

“With the exception of our joint venture VodafoneHutchison Australia (VHA), all major operating divisions reported steady or increased recurring earnings.”

Hutchison booked a loss of 1.8 billion Hong Kong dollars on the company’s share of VHA’s operating loss and network closure costs and restructuring costs. Canning Fok, Hutchison’s managing director, had earlier said that VHA was pursuing a turnaround plan, but “continuing losses are anticipated in 2013.”
Read more at
 http://www.forbes.com/sites/robertolsen/2013/03/26/asias-richest-man-says-profit-fell-by-half-last-year/

Forbes' Billionaires Asia-Pacific Map


Forbes has been tracking the world’s wealthiest people since 1987. In that year, Japanese businessman Yoshiaka Tsutsumi was the world’s richest, then worth $20 billion. In the past 25 years a lot has changed and the richest Japanese, Tadashi Yanai, now ranks 66 as the world’s richest.

There are 386 billionaires in the Asia-Pacific region, who together own combined wealth of $1.16 trillion. No area in the world saw a bigger growth in the number of new billionaires than Asia- Pacific, home to 78 new billionaires, 29% from Real Estate.

The richest new billionaires from the Asia-Pacific region are Singaporean brothers Robert and Philip Ng, who control a real estate empire and are worth $10.1 Billion.

Bob Mansfield and David Lada mapped the wealth of the richest from the Asia-Pacific region. Share your own conclusions with us.



http://www.forbes.com/sites/ricardogeromel/2013/04/01/forbes-billionaires-asia-pacific-map/

Sunday, April 7, 2013

Thursday, April 4, 2013

Why we don't want nuclear bombs.....Hiroshima & Nagasaki





On August 6, 1945, the United States used a massive, atomic weapon against Hiroshima, Japan. This atomic bomb, the equivalent of 20,000 tons of TNT, flattened the city, killing tens of thousands of civilians. While Japan was still trying to comprehend this devastation three days later, the United States struck again, this time, on Nagasaki.


The Atomic Bombing of Hiroshima

At 2:45 a.m. on Monday, August 6, 1945, a B-29 bomber, the Enola Gay, took off from Tinian, a North Pacific island in the Marianas, 1,500 miles south of Japan. The twelve-man crew (picture) were on board to make sure this secret mission went smoothly. Colonel Paul Tibbets, the pilot, nicknamed the B-29 the "Enola Gay" after his mother. Just before take-off, the plane's nickname was painted on its side.

The Enola Gay was a B-29 Superfortress (aircraft 44-86292), part of the 509th Composite Group. In order to carry such a heavy load as an atomic bomb, the Enola Gay was modified: new propellers, stronger engines, and faster opening bomb bay doors. (Only fifteen B-29s underwent this modification.) Even though it had been modified, the plane still had to use the full runway to gain the necessary speed, thus it did not lift off until very near the water's edge.1

The Enola Gay was escorted by two other bombers that carried cameras and a variety of measuring devices. Three other planes had left earlier in order to ascertain the weather conditions over the possible targets.

On a hook in the ceiling of the plane, hung the ten-foot atomic bomb, "Little Boy." Navy Captain William S. Parsons ("Deak"), chief of the Ordnance Division in the "Manhattan Project," was the Enola Gay's weaponeer. Since Parsons had been instrumental in the development of the bomb, he was now responsible for arming the bomb while in-flight. Approximately fifteen minutes into the flight (3:00 a.m.), Parsons began to arm the atomic bomb; it took him fifteen minutes. Parsons thought while arming "Little Boy": "I knew the Japs were in for it, but I felt no particular emotion about it."2

"Little Boy" was created using uranium-235, a radioactive isotope of uranium. This uranium-235 atomic bomb, a product of $2 billion of research, had never been tested. Nor had any atomic bomb yet been dropped from a plane. Some scientists and politicians pushed for not warning Japan of the bombing in order to save face in case the bomb malfunctioned.

There had been four cities chosen as possible targets: Hiroshima, Kokura, Nagasaki, and Niigata (Kyoto was the first choice until it was removed from the list by Secretary of War Henry L. Stimson). The cities were chosen because they had been relatively untouched during the war. The Target Committee wanted the first bomb to be "sufficiently spectacular for the importance of the weapon to be internationally recognized when publicity on it was released."3

On August 6, 1945, the first choice target, Hiroshima, was having clear weather. At 8:15 a.m. (local time), the Enola Gay's door sprang open and dropped "Little Boy." The bomb exploded 1,900 feet above the city and only missed the target, the Aioi Bridge, by approximately 800 feet.

Staff Sergeant George Caron, the tail gunner, described what he saw: "The mushroom cloud itself was a spectacular sight, a bubbling mass of purple-gray smoke and you could see it had a red core in it and everything was burning inside. . . . It looked like lava or molasses covering a whole city. . . ."4 The cloud is estimated to have reached a height of 40,000 feet.

Captain Robert Lewis, the co-pilot, stated, "Where we had seen a clear city two minutes before, we could no longer see the city. We could see smoke and fires creeping up the sides of the mountains."5 Two-thirds of Hiroshima was destroyed. Within three miles of the explosion, 60,000 of the 90,000 buildings were demolished. Clay roof tiles had melted together. Shadows had imprinted on buildings and other hard surfaces. Metal and stone had melted.

Unlike many other bombing raids, the goal for this raid had not been a military installation but rather an entire city. The atomic bomb that exploded over Hiroshima killed civilian women and children in addition to soldiers. Hiroshima's population has been estimated at 350,000; approximately 70,000 died immediately from the explosion and another 70,000 died from radiation within five years.