The uncertainties facing Asia and the Pacific are also an opportunity to build a more resilient and sustainable future, Asian Development Bank (ADB) President Masato Kanda said at the opening session of the multilateral lender’s 58th annual meeting of its board of governors in Milan, Italy....
The Manila-based multilateral lender Asian Development Bank (ADB) on Sunday, May 4, announced plans to expand its support for long-term food and nutrition security in Asia and the Pacific by $26 billion, raising its total commitment for food security initiatives to $40 billion for the period 2022...
Senior business leaders from across the 21-member Asia-Pacific Economic Cooperation (APEC) bloc voiced growing concern over recent, rapid changes in the global trade and financial landscape during the second APEC Business Advisory Council (ABAC) meeting of the year, held in Toronto, Canada. In a...
A group of freshman students pose for the camera during their student orientation at the APC Auditorium as the school year 2024-2025 starts. Asia Pacific College (APC), a cornerstone of the SM group's commitment to education, is aggressively pursuing university status, fueled by international...
Gone are the days of billboards and TV commercials dominating the advertising landscape. In the Philippines, where social media usage is among the highest in the world, businesses are increasingly relying on digital platforms to reach consumers. This shift has fueled an explosion of opportunities...
The Asia-Pacific Economic Cooperation (APEC) has intensified its push for its own free-trade agreement among its 21 member-economies to complement as well as fill in the gaps of existing FTAs in the region. The 2024 APEC Leaders' Machu Picchu Declaration in Lima, Peru, last Nov. 16 also committed...
The finance chiefs of the 21-member Asia-Pacific Economic Cooperation (APEC) have established a public-private Sustainable Finance Initiative (SFI) to foster inclusivity and resiliency in the region. In a statement, APEC said the SPI is "a flexible, voluntary and non-binding collaboration tool...
A decade after the Cebu Action Plan was crafted in the Philippines, finance ministers of the Asia-Pacific Economic Cooperation (APEC) will come up with a new non-binding five-year roadmap attuned to the regional challenges of these times. "Despite the reduction of inflationary pressures and gradual...
Senator Loren Legarda highlighted the significance of gender-responsive disaster risk governance, recognizing the role of women as leaders and agents of change. "These girls already have a vision for a future where they can thrive. Our role is to ensure they have the resources, education, and...
President Marcos has enjoined the Asia-Pacific region to advocate for stronger international legal frameworks that would guide countries on disaster prevention and response. President Ferdinand R. Marcos Jr. leads the opening ceremony of the Asia-Pacific Ministerial Conference on Disaster Risk...
"Our vision is clear: to reduce disaster risks and losses, and in doing so, protect lives, livelihoods, and the social and economic assets that underpin our societies." This was President Marcos' clear objective as he expressed his desire for a more resilient Asia-Pacific Region that he believes...
Moody’s Analytics expects that this year’s dismal foreign trade performance will rebound next year, aligning with government expectations. “The trade performance this year has been underwhelming, but we see opportunities for a pickup in 2025,” Moody’s Analytics said. In August, the...