ADB Adopts New Operating Model to Meet Rapidly Changing Needs of Asia – Pacific
The Asian Development Bank (ADB) has adopted a comprehensive reform road map, featuring a new operating model, to accelerate its transformation and more effectively serve the rapidly changing needs of its developing member countries in Asia and the Pacifi
The Rate of High Income in Asia Will Surpass Europe or US by 2040
The number of people in the highest bracket, that spend over USD110 every day, is expected to rise from 27m in 2021 to 50m by 2030e and balloon to 164m in 2040e.
The Upper-middle Class’s Rise Drives the Asian Consumer Market’s
Over the next few decades, the world, and Asia in particular, will undergo significant demographic shifts. As for Asia, the region will become considerably older, wealthier, and households will continue to get smaller.
KPMG & HSBC’s Emerging Giants in Asia Pacific Report Identifies Potential Regional Unicorns and Their Growth Drivers
As the world’s growth engine, Asia Pacific’s technology-focused start-ups are leveraging innovations and new sector verticals to blaze a digital trail forward.
Higher Bond Yields in Developed Markets Spill Over to Emerging East Asia
Association of Southeast Asian Nations (ASEAN) member economies saw record-high local currency bond issuance of $1.5 trillion last year.
ADB to Develop Prototype for Cross-Border Securities Transaction System Using Blockchain
Cross-border securities transactions in the ASEAN+3 region are currently processed through a global network of custodians and correspondent banks, which go through global centers in either the United States or Europe.
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