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RCEP pact expected to elevate role of Asia-Pacific The landmark Regional Comprehensive Economic Partnership trade agreement signed last year will give the Asia-Pacific region more weight in the global economic landscape and facilitate a higher standard of trade and investment to fuel growth worldwide, according to experts and business leaders on Monday. As a significant trade deal to defend globalization and boost regional trade and investment, the RCEP is surely a shot in the arm for the multi...

How much should governments spend on data? Image from Chapter 2 of the 2021 World Development Report: Data for Better Lives Some years ago, researchers documented that marathon finishing times follow a special pattern. Many runners finish just ahead of 3:30 hours, 4:00 hours, and other 30-minute thresholds while few people finish just after those thresholds. There is no physiological reason to believe that runners are much more capable of finishing 42.2 kilometers in three hours and fifty-nine ...

RCEP pact expected to elevate role of Asia-Pacific By CHEN JIA,OUYANG SHIJIA in Boao, Hainan and ZHONG NAN in Beijing | CHINA DAILY | Updated: 2021-04-20 07:44 Share CLOSE Premier Li Keqiang and leaders of other countries attend the signing ceremony of the Regional Comprehensive Economic Partnership (RCEP) agreement after the fourth RCEP Summit, which is held via video link, on Nov 15, 2020. [Photo/Xinhua] The landmark Regional Comprehe...

WITH the highest-ever temperatures recorded in the Arctic Circle, and with just 3 per cent of the world’s ecosystems remaining intact, we cannot delay in taking action to save our planet and future generations.  Yet sadly it is not true that we are all in this crisis together — or that we are all equally culpable when it comes to contributing to environmental breakdown.  The world’s wealthiest 1 per cent produce twice as much carbon emissions as the poorest 50 per cent, according to a r...

Contrails from an Air France Airbus A380 jetliner flying high over Las Vegas. | Larry MacDougal via AP With the highest-ever temperatures recorded in the Arctic Circle, and with just 3% of the world’s ecosystems remaining intact, we cannot delay in taking action to save our planet and future generations. Yet sadly it is not true that we are all in this crisis together—or that we are all equally culpable when it comes to contributing to environmental breakdown. The world’s wealthiest 1% pr...

The Challenges and Opportunities of Urbanization By Laila Waqar Towns and cities have become the preferred locations for living. At the start of the 1800s, only 2% of the world’s population lived in the cities. Today, around 54% of the population lives in urban areas according to the statistics provided by the World Bank. This signals exponential growth in urbanization mainly owing to the industrial revolution that encouraged people to migrate to the cities in search of employment. Graana.com...

K11 Adrian Cheng is founder and chairman of K11, a Hong Kong-based brand that aims to bring together culture and retail — targeting millennials and Gen Z consumers. In 2019, Cheng launched K11 MUSEA, part of the US$2.6 billion Victoria Dockside development that is transforming Hong Kongs harbour front. Because of his work, Insider named Cheng to our annual list of the 10 leaders transforming retail in Asia. . Adrian Cheng was just 29 years old when he founded the...

Series: 1944-2021, 77 years of interference from the World Bank and the IMF (Part 28) The World Bank did not Foresee the Arab Spring Popular Uprisings and still Promotes the very same Policies that triggered them 12 April by In 2021, the World Bank (WB) and the IMF will reach the age of 77. These two international financial institutions (IFIs), created in 1944, are dominated by the United States and a few major allied powers that act to generalize policies contrary to the interests o...

The COVID-19 pandemic has highlighted the importance of digital technologies in African countries, and the latest Africa’s Pulse provides new evidence on how digital is enhancing the productivity of existing jobs and creating new jobs, for people of all skill levels and backgrounds. This is particularly important as the region looks toward economic recovery post-pandemic, and

How a Chinese billionaire family is quietly expanding its empire in HK Apr 11, 2021 – 4.55pm Save Share A mainland Chinese property family is quietly building a presence in Hong Kong by snapping up land plots and even a prominent newspaper. Shenzhen-based Kaisa Group Holdings’ Kwok Yung Shing has become one of the most active Chinese tycoons in Hong Kong with a flurry of new purchases. His moves underscore Chinese elites’ growing influence in the former British colony as its stat...