ADB trims growth outlook for developing Asia as headwinds persist
The Manila-based lender said in a supplement to its Outlook report it expected 2022 growth in developing Asia to slow to 4.2 percent, down slightly from its 4.3 percent forecast…
Big Picture
Gates Foundation gives AIT $8 million to set up sanitation systems in Asia
To further pursue the goal, the foundation handed another $8 million to provide academic and technological assistance in a number of countries.
How North Korea’s cyber terrorists break into ‘unhackable’ crypto platforms
The US$625 million stolen by the Lazarus group of hackers, reportedly an army of the North Korean state, is equivalent to Pyongyang's cost for launching 31 ballistic missiles,…
China’s newly-delivered C919 passenger jet sees 1,000 delivery orders
The aircraft features a 164-seat configuration with a two-class cabin layout, including eight business class seats and 156 economy class seats.
Saudi Arabia signs Huawei deal, deepening China ties on Xi visit
King Salman signed a “comprehensive strategic partnership agreement” with Xi, who received a lavish welcome in a country.
Thailand’s Joon Wanavit joins Forbes’ list of Asia’s top philanthropists
The list highlights altruists in the Asia-Pacific region who have shown a strong commitment to philanthropic causes like education and the environment.
Study Identifies Human Skills most in demand in Southeast Asia’s major Job markets
A World Economic Forum study highlights that over a billion people globally will need reskilling to keep up with the evolving demands of the workforce by 2030.
G7 begins to press Russia with oil price cap
The G7 nations and Australia agreed on Friday to a US$60 per barrel price cap on Russian seaborne crude oil after European Union members overcame resistance from Poland.
Ho Chí Minh City tasked to become Southeast Asia’s economic hub by 2030
For this, HCM City has been tasked with accelerating the construction of infrastructure, and improve the quality of planning while ensuring sustainable development and adaptation…
Singapore, New York top ‘world’s costliest city’ survey
The pair displaced the previous No. 1, Tel Aviv, which fell to third place this time round in the Worldwide Cost of Living index from London-based Economist Intelligence Unit…