As the macroeconomic landscape constantly changes and business strategies undergo transformation to adapt, many CEOs find themselves faced with the daunting task of downsizing their workforce due to budget cuts or organizational restructuring. During these challenging decisions, both departing employees and managers experience emotional turmoil as they prepare for the transition. To facilitate this process, many […]

Since the beginning of the year, the global economy has faced numerous shocks, including escalating political tensions, persistent high inflation, and continued tight monetary policy. However, economies have remained resilient, demonstrating the adaptability of nations in the face of a challenging global landscape. International organizations have successively raised their economic growth forecasts for the year,

Economic risks and geopolitical tensions have deeply affected the global economy throughout 2023 and continue to cast a shadow over the globe into 2024. Yet, despite these ongoing challenges, Southeast Asia is anticipated to experience encouraging developments in 2024, becoming a bright spot in the global economic landscape. • Optimistic Growth Forecast After a tumultuous

Within the intricate global economic landscape of 2023, a series of unique events is unfolding. Among these, it is noteworthy that the United States’ unemployment rate has reached its lowest level since 1968, and core inflation stands higher than the peak in 1983. Additionally, the Federal Reserve and the European Central Bank have raised interest

The textile and garment industry in the first half of 2023 has been navigating through various challenges, largely influenced by macroeconomic factors and global uncertainties. As we examine the current landscape, three key priorities emerge as crucial for the industry’s growth and sustainability. Macroeconomic Impacts on Industry Growth: The global economic growth has been on

  As we step into mid 2023, the world continues to face unprecedented challenges that have greatly impacted businesses and the workforce. The COVID-19 pandemic has disrupted the way we work, forcing companies to quickly adapt to new operating methods and navigating a constantly evolving business landscape.   This has meant that HR and business