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ADB Boosts Responsiveness and Flexibility with New Products

The Asian Development Bank’s (ADB) Board of Directors approved a set of new products and modalities—including quick release project readiness financing, policy-based guarantees, and financing facilities to support public-private partnership (PPP) and small expenditure financing. “ADB’s new products and modalities will support implementation of the forthcoming Strategy 2030, by expanding …

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Emerging East Asian Bond Yields Rise Amid Brightening Global Outlook

Bond yields in most emerging East Asian markets trended upward between 1 March and 31 May on the back of an expanding global economy and ongoing US monetary policy normalization, according to a new report by the Asian Development Bank (ADB). The latest issue of the Asia Bond Monitor reports that government …

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Economic Forum of Young Leaders Calls For Participants

The Economic Forum of Young Leaders is one of the biggest international social and economic meetings of young leaders. Its main aim is to strengthen cross-sectoral cooperation among young leaders from programme and EECA countries and policy makers. 350 young leaders from 35 countries will meet in Poland for the 13th time …

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Affiliate Event Series Set to Return to Europe

The Affiliate Grand Slam series is all about relationship-building in the best possible environment for deal-making handshakes. Great relationships are at the very centre of the affiliate sphere in iGaming. It is nigh on impossible to be successful in affiliation without maintaining healthy bonds with key collaborators, and forging new …

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Turkey’s Erdogan Focuses on New Cabinet Structure

Recep Tayyip Erdogan

President Recep Tayyip Erdogan and his top aides have begun working on drafting the new government structure and the next cabinet in line with the new executive-presidential system as it will enter into force after the president will take his oath on July 8. The president chaired a meeting in …

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Philip Morris Reimagines Mad Men Life Without All the Cigarettes

Philip Morris Reimagines Mad Men Life Without All the Cigarettes

Philip Morris International Inc. doesn’t just want the people who see its ads to trade in their cigarettes for smokeless tobacco — it wants the people designing them to do it, too. The company, which sells Marlboros and other brands outside of the U.S., urged its ad agencies and media …

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ADB President, UNIDO Director General Discuss Deepening Collaboration

Asian Development Bank (ADB) President Mr. Takehiko Nakao and the United Nations Industrial Development Organization (UNIDO) Director General Mr. Li Yong met at ADB headquarters and discussed strengthened collaboration as ADB moves toward finalizing its long-term Strategy 2030. In their discussions, Mr. Nakao and Mr. Li emphasized the importance of …

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Turkey’s Erdogan Wins Re-election As President

Recep Tayyip Erdogan

Turkey’s long-standing leader Recep Tayyip Erdogan has won a new five-year term after securing outright victory in the first round of a presidential poll. Election authority chief Sadi Guven said the president “received the absolute majority of all valid votes”. State media reports put Mr Erdogan on 53% with 99% …

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Philip Morris Defends IQOS Safety vs Regular Cigarettes

Philip Morris Defends IQOS Safety vs Regular Cigarettes

Philip Morris Korea Inc., which could face punitive action if found guilty of false or exaggerated advertising, strongly refuted the latest finding by the South Korean government that underscored health risks in the heat-not-burn cigarettes. The maker of the iconic heated tobacco product IQOS flagged its own clinical study in …

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