Riyadh, December 2025 — During the high-level event “NextGen Mission Lab: Building Youth Innovation Programme” at the 21st UNIDO General Conference, UNIDO announced its commitment to develop the Youth Innovation Programme, supporting young innovators in bringing early-stage prototypes to market under the UNIDO Youth Empowerment Framework 2026...
Senior officials from APEC economies convened in Shenzhen, a modern southern coastal city of China, to lay the groundwork for the forum’s agenda for next year. China, the host of APEC 2026, introduced its theme, Building an Asia-Pacific Community to Prosper Together.Opening the meeting, Deputy Foreign Minister of China Ma Zhaoxu underscored the urgen...
The eighth International Standards of Account and Reporting Honours award celebrates outstanding initiatives that advance sustainability and enhance corporate transparency.The International Standards of Account and Reporting (ISAR), the leading entity of the UN system for accounting and reporting issues, has announced winners of the ISAR Honours Award 2025...
At a series of services meetings, held during the week of 9 December, the WTO Council for Trade in Services and its subsidiary bodies discussed green services, facilitating cross-border remittance transfers, and the classification of environmental services among other issues. Members also reviewed progress on efforts to help least developed countries (LDCs...
WASHINGTON, Dec. 11, 2025— A proliferating set of international standards—covering everything from food labeling to the specifications of 5G cellular networks—is steadily reshaping the global economic order, delivering hefty benefits to the wealthy nations and large multinational companies that set them while leaving many developing countries on the sid...
Continued progress in public governance, including stronger fiscal management and greater use of digital government tools, will help governments in Southeast Asia (SEA) unlock further growth and effectively serve the public, according to a new OECD and Asian Development Bank (ADB) report.The second edition of Government at a Glance: Southeast Asia&nbs...
In 2016, Jean‑Marie Ndikumana made the painful decision to flee from home. He abandoned his promising university studies in banking and finance at the Université Martin Luther King in Bujumbura, Burundi. When he arrived in Kenya’s Kakuma refugee camp, he faced isolation, harsh conditions, and the abrupt end of his academic ambitions. However,...
At the International Trade Centre, we produce dozens of publications a year. In ITC publications, we pull together insights from our vast collections of trade data and apply that to our experience working with small businesses on the ground. We’re also conducting independent research throughout the year, looking at policy issues that affect small bus...
Governing Council endorses recommendations of High-Level Task Force on Simplification, which include:reducing the number of elements in the risk-weighted and leverage ratio frameworkintroducing a materially simpler prudential regime for smaller banks, which expands on the existing EU regimeintroducing a European governance mechanism that takes a holistic v...
The 3rd Strategic Retreat of the Board of Directors (“Board”) took place on December 2, 2025, at the NDB Headquarters, focusing on matters related to the Bank’s General Strategy for 2027-2031 and Independent Evaluation.On December 4-5, 2025, the Board convened its 49th Meeting at the Bank’s Headquarters in Shanghai, China.Funding and Treasury...
