The Asian Development Bank (ADB) has announced a total commitment of $24.3 billion from its own resources for 2024, alongside $14.9 billion in cofinancing through partnerships, to address pressing development challenges in Asia and the Pacific. The funding …Read More

ADB has committed $24.3 billion in 2024, alongside $14.9 billion in cofinancing, to address development challenges in Asia-Pacific.
This funding supports sustainable infrastructure, job creation, and public sector reforms.
ADB also saw a 28.5 per cent increase in private sector financing, reaching $4.8 billion.
With new capital reforms, it aims for a 50 per cent operational growth over next decade.Read More

Germany’s ifo Business Climate Index inched up to 86.9 in April from 86.7 in March, indicating slightly improved sentiment.
While companies viewed their current situation more positively, expectations worsened, and uncertainty grew.
In manufacturing, optimism faded after a prior rise, with rising uncertainty and weaker expectations.
Trade sentiment also declined.Read More

A new report by Public Inc and Ipsos has revealed a major ‘say-do’ gap in sustainable shopping in US and Canada: 76 per cent of consumers identify as conscious shoppers, but only 38 per cent of purchases reflect those values.
Confusing sustainability claims deter nearly half of buyers.
The report urges brands to use clear, benefit-driven messaging to bridge this gap.Read More

New retail space supply in Ho Chi Minh City saw modest growth in Q1 2025, increasing by only 1 per cent quarter on quarter and 6 per cent YoY, bringing the total retail area to 1.6 million sq m, according to Savills.
The city’s retail space maintained a stable occupancy rate in Q1 2025 compared to the previous quarter, recording a 2-per cent YoY increase to reach 94 per cent.Read More
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