China’s parcel delivery sector continues to grow
The monthly parcel delivery development index was 356.4 last month, a year-on-year increase of 47.7 percent, the index report from the State Post Bureau of China showed.
Big Picture
Hong Kong to set up committee to fuel green tech, finance development
A wide range of scholars, experts and business leaders will be brought together to develop Hong Kong into an international green technology and finance center.
Over 100 Credit Suisse bond holders join lawsuit to seek $100 million in restitution
The Singapore investors who have joined the class-action suit are mostly in their 50s who said they have been striving to save for their retirement.
Bill requiring financial literacy training for OFWs pushed in Senate
The move is aimed at equipping overseas Filipino workers against investment scams and other online frauds.
Good money, tough clients: The business of political T-shirts
In regards to political T-shirts, one designer said, “A successful T-shirt has to make you think, but then, crucially, you have to act.”
Private funding vital for developing Asia: Asian Development Bank
According to the ADB, the developing Asia economies will need $1.7 trillion in annual infrastructure investment from 2023 to 2030 to sustain economic growth, reduce poverty, and…
Region advances with clean energy, innovation, infrastructure
Based on current trends, the UN Economic and Social Commission said it will still take another 42 years for the region to reach its goals.
Asean needs $3.7 trillion to sustain growth and fight climate change: ADB
In a region where 92 per cent of all social infrastructure development is financed by public resources, private capital will be needed to bridge the financing gap.
More banking sector vulnerabilities may be exposed: IMF chief
IMF managing director Kristalina Georgieva said the quick transition to high interest rates played a role in uncovering weaknesses, and added that the pain may not be over.
Resorts in the frame as tourist photography services boom
Many facilities in the China tourism industry are adopting different ways to harness the potential of the fast-growing market.