Energy ministers from the 21 APEC member economies issued a joint statement at the conclusion of the 15th APEC Energy Ministerial Meeting in Busan, Republic of Korea, on 27–28 August 2025.Ministers recognized that addressing the region’s energy challenges will require the use of available energy sources and technologies, together with advanced energ...
Annual growth rate of broad monetary aggregate M3 stood at 3.4% in July 2025, after 3.3% in June 2025Annual growth rate of narrower monetary aggregate M1, comprising currency in circulation and overnight deposits, increased to 5.0% in July from 4.7% in June (revised from 4.6%)Annual growth rate of adjusted loans to households incre...
On August 27, 2025, the New Development Bank (NDB) successfully issued a RMB 7 billion 3-year Panda bond in the China Interbank Bond Market. This issuance marks the first drawdown under the newly registered NDB’s RMB 50 billion Panda Bond Programme, with the National Association of Financial Market Institutional Investors (NAFMII).The transaction garnered...
Bangkok, 26 August 2025 — More than 150 participants from 20 countries — including ministries of finance, development partners, UN agencies, private investors and civil society — gathered today in Bangkok for the Inclusive Climate Finance Dialogue for a Resilient Asia-Pacific, co-organized by the UNDP Climate Finance Network (CFN) an...
Tokyo/Yokohama, 26 August 2025 ― The United Nations Industrial Development Organization (UNIDO) contributed to the Ninth Tokyo International Conference on African Development (TICAD 9), which took place from 20 to 22 August 2025 in Yokohama, Japan, with a series of thematic side events and two exhibition booths. Since 1993, TICAD has been...
UNESCO reports 10 Southern Africa festivals generated $11M+ and 3,000 jobs in 2024, highlighting their vital yet overlooked economic and cultural role.A new UNESCO report shows that ten festivals in Southern Africa generated over $11 million in economic activity and nearly 3000 jobs in 2024, demonstrating their significant, yet underrecognized, r...
One clear message from the Asian Infrastructure Investment Bank’s (AIIB) 10th Annual Meeting held in Beijing in June – attended by over 3,500 participants from around the world – was that unlocking private capital is critical for inclusive and sustainable growth.As an economist from Bangladesh with a passion for development, the discussions inspired me ...
Building on the themes of the last two global editions of the Global Education Monitoring Report – technology in 2023 and leadership in 2024/5 – this regional edition is the result of a partnership of the GEM Report with Beijing Normal University (China), Sophia University (Japan) and the Korean Educational Development Institute (Republic of Korea)....
The Asian Infrastructure Investment Bank (AIIB) today released its inaugural Sustainability Report, applying the International Sustainability Standards Board (ISSB) disclosure requirements to voluntarily report on the financial impacts of climate-related risks and opportunities.The 2024 report outlines how climate considerations are integrated across ...
OverviewThis year’s report provides the external sector assessment of 30 of the world’s largest economies on the basis of their 2024 data.Global current account balances in 2024 widened significantly. Staff assessment suggests that excess current account balances account for about two-thirds of the widening, with China, the United States, and the euro ar...
