President and Chair of the Board of Directors Zou Jiayi (center) together with Vice President and Corporate Secretary Sir Sherard Cowper-Coles (left) and Vice President and Chief Administration Officer Kaisu Christie (right)Zou Jiayi began her first day today as President and Chair of the Board of Directors of the Asian Infrastructure Investment Bank (AIIB...
Since the 2023 downturn, the economic recovery has been slow as consumption has remained weak and construction investment fell. The fiscal position deteriorated significantly due to weak growth and expenditure increases.The economy is set to regain momentum in 2026, supported by private demand. Real GDP is projected to grow by 1.5 percent in 2026 and 2027....
Key factsShort title:Türkiye — EVs (China)Complainant:ChinaRespondent:TürkiyeThird Parties (original proceedings):Australia; Brazil; Canada; European Union; India; Indonesia; Japan; Kazakhstan; Korea, Republic of; Norway; Russian Federation; Singapore; Switzerland; Thailand; United Kingdom; United StatesAgreements cited:(as cited in request for consulta...
The OECD employment rate remained stable in Q3 2025 compared with the previous quarter, at a record high of 70.3%.Download in PDF (data tables included)The OECD employment rate remained stable in Q3 2025 compared with the previous quarter, at a record high of 70.3% (Figure 1). Over the same period, employment rates held steady in 16 OECD countries, decline...
Economic, financial and monetary developmentsOverviewAt its meeting on 18 December 2025, the Governing Council decided to keep the three key ECB interest rates unchanged. Its updated assessment reconfirmed that inflation should stabilise at the 2% target in the medium term.According to the December 2025 Eurosystem staff macroeconomic projections for the eu...
Firms that have faced adverse shocks to their business activity can decide to either shed labour or hold on to their workforce, i.e. “hoard labour”. Labour hoarding occurs when firms are willing to retain their workforce even when facing a weakening of current and/or expected business conditions, for example related to lower demand or reduced profit...
Officials from SME Foundation, UNDP Bangladesh and key government agencies at the launch of the Insurance Innovation Challenge in Dhaka.The Insurance Innovation Challenge (IIC) was launched today in Dhaka by the SME Foundation (SMEF) under the Ministry of Industries, in partnership with the United Nations Development Programme (UNDP) to strengthen resilien...
H.E. Phạm Minh Chính, Prime Minister of Viet Nam,H.E. Nguyen Manh Hung, Minister of Science and Technology of Vietnam,Excellencies, ADGMIN Ministers,Excellencies, Distinguished Guests, Ladies and Gentlemen,1. I am pleased to join you at the 6th ASEAN Digital Ministers' Meeting Opening Ceremony. I would like to acknowledge the Vietnamese Governm...
Policy choices will determine whether workers and firms are adequately prepared for the AI revolutionTechnological change has reshaped job markets for centuries. But the benefits have not always been widely shared. As AI and digital technologies transform today’s workplace even those at the forefront of innovation are not immune to disruption as recent jo...
Trade Forum is the International Trade Centre’s flagship magazine offering in-depth, topical insights about export development and trade issues in developing countries. These are our top picks from last year bringing views from policymakers, academics, the private sector, entrepreneurs and small businesses who know how trade works “i...
