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ADB commits $24.3 bn for development in Asia-Pacific in 2024

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

27.04.2025Comments Off
Germany’s ifo Business Climate Index rises to 86.9 points in April

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

27.04.2025Comments Off
Conscious consumerism accounts for 38% purchases in US, Canada: Report

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

27.04.2025Comments Off
New retail space supply in HCM City up 6% YoY in Q1 2025: Savills

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

27.04.2025Comments Off