Page 157 - World Development News Today

One of the sources said that Rosewood’s SPAC listing could aim to raise about $400 million. The hotel group, which manages one of Hong Kong’s most prominent hotels located in the city’s Victoria Harbour in the tourist district of Tsim Sha Tsui, did not immediately respond to a query for comment. Credit Suisse and UBS declined to comment. The sources declined to be named as the information is confidential. Watch Skift’s Interview With Rosewood Hotel Group CEO Rosewood’s SPAC deal, if i...

Share No longer an afterthought, vertical greening is now integrated as an essential part of property-development strategy. According to Edwin Chan, senior project director at New World Development (NWD), it’s a vital component in reducing a project’s carbon footprint and improving the overall wellbeing of not only the occupiers but also the broader community. “Property developers now use vertical greenery as part of their broader green-building strategy to contribute to our environme...

New World Searches for M&A Chief as It Eyes More Deals Bloomberg 2/23/2021 Vinicy Chan © Bloomberg Pedestrians walk past New World Development Co.s Skycity mall as it stands under construction in Hong Kong, China, on Thursday, July 30, 2020. New Worlds Chief Executive Officer Adrian Cheng spearheaded the companys successful bid in May 2018 for the HK$20 billion shopping-and-entertainment complex at the airport. (Bloomberg) -- New World Development Co. is looking for a rainm...

Global coffee production faces deep sustainability issues. International coffee prices have been extremely low in recent years, putting the livelihoods of producers under severe and constant pressure. Farm revenues decreased while costs for inputs and expenditures for food and non-food items are on the rise. As a result, many coffee farmers around the world are unable to even meet their costs of production.  The low prices have a devastating impact on the 25 million smallholder cof...

Read more about Hong Kong Stocks end higher on Business Standard. HSBC rose as much as 6.5 per cent after the lender recommended a bigger than expected dividend payout in its latest earnings report. The bank has proposed a US$0.15 dividend per share, resuming the payout that was halted in April to preserve cash

Timothy P. Williams, Ph.D., is a freelance writer and researcher based in Boston. His writing centers on the systems that give rise to inequalities and the experiences of those that bear witness, especially children. His work has appeared in The Washington Post, The Conversation, and in numerous academic journals. His research includes a decade-long investigation into education policy in Rwanda, which led to the publication of award-winning papers in the Journal of Development Studies and World ...

When Climate Adaptation Intervention Risks Further Marginalization Many climate adaptation interventions focus excessively on the effects of climate change and less on examinations of what drives vulnerability. Cambodia’s climate vulnerability is magnified by its reliance on agriculture—30% of the population and almost a quarter of the country’s gross domestic product, according to the United Nations. Credit: UNDP Cambodia, CC BY-NC 2.0 22 February 2021 Many internationally f...

Ejaz Ghani, Lakshmi Iyer, Saurabh Mishra The last two decades have seen an upsurge in research on the relationship between institutions and economic development (e.g. Acemoglu et al. 2001, Easterly 2001, Rodrik et al. 2004). This literature finds that higher quality governments lead to better provision of public goods, improved resource allocation, and more efficient democratic processes. Most of these studies, however, have been focussed on national-level institutions. Despite a global trend t...

Published on 18 February 2021 Ahead of World Social Justice Day (20 February), IDS researchers Melissa Leach, Hayley MacGregor, Ian Scoones and Annie Wilkinson review the lessons from Covid-19 for development practices in a new journal article and why political, economic and social transformations are needed to tackle injustices and inequalities, and prepare for the future. The pandemic has highlighted the intense fragilities of systems that assure health and...

South Africa’s Covid-19 responses are marred by policy paradoxes. How does a country with one of the most sophisticated health systems in Africa account for the highest number of Covid-19 fatalities? This brief argues that contemporary approaches to South Africa’s social, domestic, and foreign policy responses should be viewed through the theoretical lenses of racial capitalism—a racially hierarchical political economy constituting war, militarism, imperialist accumulation, expropriation ...