Private markets forecast to grow to $4.9tn globally by 2025 and make up 10% of global AuM
Assets under management (AuM) in private markets to expand by between $4.2 trillion and $5.5 trillion in the years up to 2025 in worst/best...
Key Reforms Needed to Grow Albania’s E-commerce Sector
A new World Bank Albania E-Commerce Diagnostic highlights key reforms needed to better leverage digital trade as opportunity for economic development.
E-commerce can be an...
Digitalizing the Maritime Sector Set To Boost the Competitiveness of Global Trade
A new report launched today by the World Bank and the International Association of Ports and Harbors (IAPH) shows that better digital collaboration between...
Skills Development Vital to Enabling Transition to Industry 4.0 in Southeast Asia
Countries in Southeast Asia should consider developing industry transformation maps in key sectors to enable the transition to the fourth industrial revolution (4IR) with...
Thailand: Growth in Jobs Critical for Sustained COVID-19 Recovery
Thailand’s economy was severely impacted by the COVID-19 pandemic and is estimated to have shrunk by 6.5 percent in 2020. Growth is projected to...
The World Needs to Wake Up to Long-Term Risks
For the last 15 years the World Economic Forum’s Global Risks Report has been warning the world about the dangers of pandemics. In 2020,...
Air travel down 60 per cent, as airline industry losses top $370 billion
A new report from the UN’s air transportation agency confirms there was a “dramatic” fall in international air travel due to COVID-19, of around...
Reskilling and Labour Migration Vital to the Pacific’s Economic Recovery
While the Pacific and Papua New Guinea (PNG) have avoided some of the worst health impacts of the COVID-19 pandemic, the closure of international...
Lao Economy Set to Recover if Threats Can Be Contained
While economic growth in the Lao PDR contracted in 2020 for the first time in over two decades, the economy is set to recover...
Turkey: A full recovery from the COVID-19 crisis will take time
The COVID-19 crisis has hit Turkey’s people and economy hard, accentuating pre-existing challenges such as the low share of workers in formal employment and...