Browse Tag

asia

India to become first Asian country to launch a Plastics Pact

4 mins read

The FINANCIAL —  UK partners with India to deliver a circular plastics economy.India has become the first Asian country to develop a plastics pact, launching a ground-breaking new initiative to bring together leading businesses at a national level to make commitments for building a circular system for plastics, UKRI notes.…

Twin Peaks: Record International Number of Twin Births

2 mins read

The FINANCIAL -- The number of twins being born in the world has reached an all-time high, with 1.6 million twins now delivered each year, according to new research from Oxford, which shows most are now being born in the global south according to University of Oxford.…

ADB partners with BMJ on new coronavirus guidelines for health workers

1 min read

The FINANCIAL — The Asian Development Bank (ADB) has partnered with leading healthcare knowledge provider, the BMJ, to launch a new online coronavirus disease (COVID-19) Information Centre for healthcare professionals tackling the pandemic. The website provides nurses, doctors, and other healthcare professionals in ADB’s 49 member countries in Asia and the Pacific with free, readily…

ADB propses 5 ways to restore tourism in Central Asia

3 mins read

The FINANCIAL — From the snowy peaks of the Pamir mountains to the vast wilderness of the Karakum desert, Central Asia is a region of astonishing natural beauty and historical significance. In recent years, the region has emerged as a rising tourism destination attracting a growing number of visitors – both international and domestic. But…

ADB urges Southeast Asian countries to expand investments in digital infrastructure

2 mins read

The FINANCIAL — Asian Development Bank (ADB) President Masatsugu Asakawa today urged Southeast Asian countries to expand investments in digital infrastructure and ensure equitable access to technology as economies recover from the coronavirus disease (COVID-19) pandemic. “We must close the digital divide and expand existing investments in digital infrastructure by building more and higher quality…

ADB increased operations in PNG by $1 bln

1 min read

The FINANCIAL — The Asian Development Bank (ADB) has endorsed a new country partnership strategy (CPS) for Papua New Guinea (PNG) covering 2021–2025. A blueprint for ADB’s operations in PNG, the new CPS focuses on developing the transport and energy sectors; reforming state-owned enterprises; promoting private sector development and investment; and assisting the government in…

COVID-19 to plunge South Asia into the worst recession

2 mins read

The FINANCIAL —  South Asia is set to plunge into its worst-ever recession as the devastating impacts of COVID-19 on the region’s economies linger on, taking a disproportionate toll on informal workers and pushing millions of South Asians into extreme poverty, says the World Bank in its twice-a-year-regional update. Released today, the latest South Asia Economic…

More than 320 000 used condoms washed and resold in Vietanm

2 mins read

The FINANCIAL — A factory in Vietnam was busted washing and reselling used condoms to pass them off as new, according to police who have seized more than 324,000 used condoms which were being recycled to be sold again. Paid workers were cleaning the rubber contraceptives and reshaping them with wooden dildos. The recycled condoms…

Apple’s first floating store will open in Singapore

3 mins read

The FINANCIAL — Apple today previewed Apple Marina Bay Sands, the first Apple Store to sit directly on the water. Appearing as a sphere floating on the iridescent Marina Bay, the store introduces a new and captivating retail experience at one of the most iconic locations in Singapore. Apple’s newest retail store located in Singapore will…

Stock markets mixed after Wall Street slides

2 mins read

The FINANCIAL — Global stock markets were mixed Monday after the fact that Wall Street turned in its biggest weekly decline in more than two months. London and Frankfurt opened higher. U.S. futures were lower. Benchmarks in Shanghai, Tokyo and Hong Kong retreated while Seoul and Sydney gained. Southeast Asian markets were mixed. On Wall Street,…