ADB Loan to Help Strengthen Metro Manila’s Water Supply Infrastructure

The Asian Development Bank (ADB) has approved a $126 million loan to the Metropolitan Waterworks and Sewerage System (MWSS) to support the construction of a...

7 Trends Impacting the Retail and Consumer Products Industries Amid a Global Pandemic and Beyond

As of April 2020, eCommerce year-over-year growth was up 68%, surpassing 40% of total retail sales. Convenience continues to reign supreme as more than half...

Sadeem International Wins Innovate4Climate Top Prize for 2020

Today during a live virtual contest Innovate4Climate, the World Bank Group’s flagship event on climate change, announced Sadeem International as the winner of its...

COVID-19: UN health agency warns of ‘new and dangerous phase’ as cases mount

The world is entering “a new and dangerous phase” of the COVID-19 pandemic, as infection rates continue to climb, the World Health Organization (WHO)...

Almost all workers and businesses affected by lockdown measures

Almost all of the world’s workers, some 94 per cent, were living in countries with some type of workplace closure measures in place in...

Kenya wins final contested seat on Security Council

Kenya has been elected a non-permanent member of the UN Security Council, defeating Djibouti for a seat designated for African countries. UN Member States chose...

Electricity transmission companies are learning to ‘perform and transform’ in move to low carbon future

Electricity transmission companies are deploying various innovative ‘perform and transform’ strategies as part of the energy sector’s transition to a low carbon future, according...

EU continues to open up markets outside Europe in midst of rising protectionism

Thanks to the European Union's successful intervention, European companies generated €8 billion in additional exports in 2019. The high number of new restrictions that...

The Ripple Effects of the Syrian Conflict in the Mashreq Region

A decade of conflict in Syria led to region-wide economic and social fallout across Iraq, Jordan, and Lebanon, adding urgency to the call for...

ADB: Developing Asia to Grow Just 0.1% in 2020

Developing Asia will barely grow in 2020 as containment measures to address the coronavirus disease (COVID-19) pandemic hamper economic activity and weaken external demand,...

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