Trade and foreign ministers from the 21 APEC member economies convened in Gyeongju to reaffirm their commitment to regional cooperation and renew joint efforts to harness digital innovation and supply chain resilience.Minister for Trade of the Republic of Korea, Yeo Han-Koo, set the stage for the APEC Ministerial Meeting on Thursday. In his opening remarks...
Growth in the APEC region is projected to reach 3.1 percent in 2025, slightly higher than earlier forecast of 3.0 percent, supported by resilient trade activity and robust demand for high-tech goods, according to the latest APEC Regional Trends Analysis.Released by the APEC Policy Support Unit, the report highlighted that momentum is expected to ...
(From Left to Right): Wee Yee Tat, Managing Director, Group Corporate & Investment Banking, BPMB; Chu Kok Wei, CEO, Group Wholesale Banking, CIMB; YBrs. Puan Mareena binti Mahpudz, Deputy Secretary General of the Ministry of Energy Transition and Water Transformation (PETRA); Kim-See Lim, Chief Investment Officer, Public Sector (Region 1) & Financi...
UNESCO Director-General Audrey Azoulay has designated 58 Creative Cities, which now join the Organization's dedicated Network. With these designations, the Network now includes 408 cities in more than 100 countries, recognized for their commitment to creative industries and cultural life.Quito, Ecuador; Creative City of ArchitectureShutterstock30 Octob...
The ‘Extraordinary Committee’ of independent experts – appointed by President Ramaphosa – submits the G20’s first-ever report on global inequality todayThe Committee above all urges the creation of a new ‘International Panel on Inequality’ to inform policymaking internationally and by governments – inspired by the IPCCNew analysis published in the ...
Preamble1. We, the G20 Culture Ministers, convened in KwaDukuza, KwaZulu-Natal, on 29 October 2025, under the G20 Presidency of South Africa;2. Reaffirming our commitment to advancing the role of culture within the G20, recognising its power to foster solidarity, open and inclusive dialogue and cooperation, and to contribute to a more inclusive and sustain...
Unlocking employment opportunities through regional investments that strengthen health security and promote inclusive job creationWASHINGTON, October 29, 2025 - The World Bank Board of Directors has approved the expansion to Central Africa of a transformative regional initiative that is helping to bolster health emergency preparedness and response acr...
ABAC Report Highlights Innovative Solutions for More Sustainable Data CentersAPEC Business Advisory Council (ABAC)Busan, Republic of Korea | 29 October 2025Today, the APEC Business Advisory Council (ABAC) released its report titled Powering the Digital Economy: The Data Center Dilemma, highlighting both the economic benefits and environmenta...
Inflationary Pressures Ease, But Geopolitical Tensions Cloud OutlookWASHINGTON, October 29, 2025—Global commodity prices are projected to fall to their lowest level in six years in 2026, marking the fourth consecutive year of decline, according to the World Bank Group’s latest Commodity Markets Outlook. Prices are forecast to drop by 7% in both 2025...
ForewordCopy link to ForewordThe OECD Science, Technology and Innovation Outlook 2025 reviews key trends in science, technology and innovation (STI) policy in OECD countries and major partner economies. This edition comes at a time of accelerating technological change, intensifying geopolitical tensions and urgent demands for transformative respo...
