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Duchess Sophie wins hearts after touching exchange at Windsor: Watch

Duchess Sophie wins hearts after touching exchange at Windsor: WatchThe Duchess of Edinburgh, Sophie, accompanied a 21-year-old Emily, who has cerebral palsy, in a heartwarming gesture.Emily had taken part in the BBC Children in Need and The One Show's fundraiser, The Challenge Squad, in which she...




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Queen Camilla makes first statement after missing key royal event

Queen Camilla makes first statement after missing key royal eventQueen Camilla marked her comeback to royal duties after she was forced to miss an important event on the royal calendar on doctor’s advice.A week after palace had cancelled her scheduled engagements, Camilla on Tuesday attended...




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Ariana Grande expresses admiration for 'amazing' beau Ethan Slater

Ariana Grande praises her ‘adorable’ beau Ethan SlaterAriana Grande has recently expressed her admiration for beau and adorable Wicked co-star Ethan Slater.Speaking to Entertainment Tonight at Wicked press tour in Los Angeles over the weekend, the pop star praised Ethan for his...




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Palace issues message after Queen Camilla cancels another engagement

Queen Camilla issues statement after cancelling another event amid recoveryQueen Camilla returned to her public duties on Tuesday after doctor’s instructed her to cancel scheduled events due to her health condition.A week after Palace issued a statement about her “seasonal chest...




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Seeds of Resilience Despite Massive Destruction in Gaza

It was two weeks before October 7—when Hamas attacked Israel—that Prime Minister Benjamin Netanyahu stood behind the rostrum in the United Nations General Assembly hall clutching a crude map of what he called the “new Middle East,” a visual that erased the land of Palestine. A year later, Israel’s retaliatory war in Gaza has accelerated, […]




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Chickens as Well as Cheetahs: Biodiversity Conservation Must Also Include Livestock

As the UN’s COP16 biodiversity conference continues, the temptation is to focus on the wild flora and fauna under threat. But there is another, less obvious yet just as critical biodiversity crisis unfolding around the world that also deserves attention. A quarter of livestock breeds – from chickens, ducks and geese to horses, camels and […]




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Scientific Research Can Play a Key Role in Unlocking Climate Finance



Climate finance will come under intense scrutiny during COP29, and its distribution aligned with scientific analysis of the impacts of climate change, but the methodology ignores the inequality in research networks of the Global South.




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A Triple Planetary Crisis Scarring Africa’s Landscapes

Some of the creeping impacts of this triple crisis are possibly the most debilitating: Africa is the most severely impacted region by desertification and land degradation, with approximately 45% of its land area affected. In the Horn of Africa and the Sahel alone, it imposes food shortages on more than 23 million people. Just last […]




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COP16 Delivers on Indigenous Peoples, Digital Sequencing, But Fails on Finance

The curtains fell on the 16th Conference of the Parties of UN Biodiversity (COP16) on Sunday without any formal closing. In a voice message, David Ainsworth, the Communications Director of the UNCBD, confirmed that the COP was suspended due to a lack of quorum in the plenary and would be resumed sometime later. However, before […]




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Navigating the Waves: Strengthening Tsunami Preparedness in a Changing Climate

This year’s World Tsunami Awareness Day presents a moment of reflection 20 years on from the catastrophic Indian Ocean Tsunami in 2004. The tsunami resulted in 225,000 fatalities across 14 countries and emphasized the urgent need for effective tsunami preparedness, especially in the face of growing climate change challenges. Rising sea levels, increased ocean temperatures, […]




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Diverse Diets Are Essential for Nourishing a Healthy Planet as Well as Healthy People

It’s often said that we are what we eat. However, our diets are also a reflection on the health of our food systems, the environment and agricultural biodiversity. In the same way that our bodies need a range of nutrients for optimum health, the environment also benefits from systems that produce a variety of foods, […]




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Voices from the Margins: Small-Scale Fishers Demand Rights, Recognition at COP16

Small-scale fishers play a fundamental role in feeding people—they use sustainable methods of catching and processing fish products and are a significant force in the employment and livelihoods of millions of people internationally—yet, until now, they have been excluded from climate and biodiversity conferences. For the first time at COP 16, which closed in Cali, […]




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Mexican Cooperative Promotes Energy Transition on Indigenous Lands



What started as a broad attempt to allow women to live a more dignified life, an indigenous women’s organization, Masehual Siuamej Mosenyolchicauani, now aims to solve environmental and climate problems that others have created.




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As Forests Felled Wood Shortage Hits Villagers in Zimbabwe

Linet Makwera (28) has a baby strapped on her back as she totters barefoot, picking tiny pieces of wood on both sides of a dusty and narrow road, peering fearfully at people passing by along the road in Chimanimani’s Mutambara area in Gonzoma village located in Zimbabwe’s Manicaland Province, east of the country. Her fears, […]




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How Blue Carbon Ecosystems are Saving the Philippines’ Sinking Islands

Imagine living with water up to your knees for half of the year, where homes are flooded, and people constantly fear that the sea might one day engulf the town and everyone in it. This is the reality for the sinking islands in the Philippines—a cluster of four island barangays in Tubigon located in the […]




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Sic Transit Gloria Mundi: Preserving the Cultural Heritage

  More durable than bronze, higher than Pharaoh’s pyramids is the monument I have made, a shape that angry wind or hungry rain cannot demolish, nor the innumerable ranks of the years that march in centuries. I shall not wholly die: some part of me will cheat the goddess of death. Thus wrote, not without […]




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Cities Will Be Hit Hardest By Climate Change, UN Report Warns

Cities are in a unique position, simultaneously the biggest emitters of greenhouse gasses and the most affected areas of the greenhouse effect. As a new UN report shows that rapid urbanization and industrialization have adverse effects on the environment, causing a rise in sea levels, prolonged rainfalls and flooding, and an increase in overall temperature. […]




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Farming in Crisis: Suicides and Climate Change Threaten India’s Agrarian Future

“Farming is in my blood, and I can’t imagine doing anything else,” said Mahim Mazumder, a farmer from Assam. “Even though the past three to five years have seen drastic changes—with temperatures rising so much that even sitting under a tree no longer offers relief—I will keep farming, even if it only yields a small […]




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Without Supercharging Adaptation Funding Global Temperatures Could Surge

The Head of Impact Assessment and Adaptation, Henry Neufeldt, UN Environment Programme Copenhagen Climate Centre, has called for increased climate adaptation funding, particularly for developing nations facing significant climate risks. UNEP’s latest report reveals an acute adaptation finance gap, with current international funding for developing countries at USD 30 billion—far below the USD 200 to 400 […]




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4 Reasons Why the Climate Coalition Will Win Despite Trump

The nation which more than any other caused the climate crisis will leave it to the rest of the world to sort out the mess. That is a takeaway from the US election last week. The numbers are clear: US emissions up to today are 8 times the Chinese, 25 times the Indian and the […]




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The 1.5 degrees Celsius Target from Paris (Probably) Died on November 5th.

So, the worst has happened. American voters have apparently just elected the most chaotic and kleptocratic individual in their country’s political history as their president. (We say ‘apparently’, because these days nothing can be certain about the integrity of the US political or electoral system – as is the case with far too many other […]




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Cagayan de Oro scholars decry delay of allowances

A male fourth-year business administration student of PHINMA Cagayan de Oro College stressed that the delay [of allowances] could affect students’ academic performance, especially those who do not have parents to rely on like him.




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Warmer climate, forest cover loss flood Bicol farmers’ plight

Days before Kristine (international name: Trami) developed into a severe tropical storm, the Philippine Sea was warmer than usual. Under the warming climate, the typhoon-prone Bicol Region is more vulnerable with decimated forests. Both Camarines Sur and Albay saw a net loss of tree cover from 2000 to 2020, according to Global Forest Watch.




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Toyota eyes lunar rover powered by regenerative fuel-cell tech

Toyota has teamed up with JAXA since 2019 to develop the manned lunar rover — which it dubbed the Lunar Cruiser — that they hope can be put on the moon in 2029.




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Iran’s president says Tehran has to deal with Washington

Iran’s President Masoud Pezeshkian said Tehran will not be able to ignore its arch-foe the United States and needs to “handle its enemies with forbearance”, state media reported on Tuesday, a week after Donald Trump won the U.S. presidential election. “Whether we like it or not, we will have to deal with the U.S. in […]




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Masterpieces of sound in Limassol

He is one of the most famous composers of our time. His compositions are heard in the greatest music halls in the world and now, the chamber music studio The Symphonians, is bringing Ludovico Einaudi’s music to life in Limassol. A special concert is planned for November 20 as Pattichio Theatre welcomes an ensemble to […]




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EAC has ‘shirked responsibility’ to pass costs on to consumer

The energy regulator said on Tuesday it will review data purporting to show how the Electricity Authority of Cyprus (EAC) could “trim the fat” and cut costs by up to 15 per cent, translating into lower utility bills for consumers. The EAC’s “fat” has become a buzzword after Michalis Persianis, head of the Fiscal Council, […]




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Our View: Why are contracts awarded to companies that can’t complete projects?

The Paphos-Polis highway is the fourth public project this government has terminated because of major disputes with the contractor. Last year it pulled the plug on the waste treatment plant in Pentakomo, while earlier this year it ended the contract for the Larnaca port and marina with Kition Ocean Holdings followed by the termination of […]



  • Our View
  • Finance Minister Makis Keravnos
  • Kition Ocean Holdings

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Invasive alien species in Cyprus

What they are, why we should care and what we can do about the problems they cause The term invasive alien species (IAS) is used to describe organisms that are introduced accidentally or deliberately into a natural environment where they are not normally found, and which have severe negative consequences for their new environment. Alien […]




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Wall Street bonuses set to increase for first time since 2021

Wall Street firms are expected to pay heftier bonuses for this year, the first increase since a bumper year in 2021, according to a report by compensation consultancy Johnson Associates. Payouts will probably rise after financiers benefited from several factors in recent months: a recovery in dealmaking, the Federal Reserve cutting interest rates and equity […]




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UK regular pay grows at slowest pace in two years, pointing to lower inflation

British wage growth excluding bonuses fell in the third quarter to its lowest in over two years, official data showed on Tuesday, potentially boosting the Bank of England’s confidence that inflation pressures will continue to ease. Average weekly earnings, excluding bonuses, were 4.8 per cent higher in the three months to the end of September […]




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Cyprus Business Now: BoC results, mortgage rates, NPLs drop

The Bank of Cyprus (BoC) on Tuesday reported a profit after tax of €401 million for the first nine months of 2024, representing a 15 per cent increase year-on-year. According to the bank’s latest financial results, €131 million of this amount was generated during the third quarter. “We continue to generate strong financial and operational […]




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Cyprus grows as a hub for alternative investment funds

“Cyprus has gone from zero to over 330 licensed investment entities managing €9 billion in assets in just a decade,” according to Maria Panayiotou, president of the Cyprus Investment Fund Association (CIFA). Speaking at the 5th Fund and Asset Management Conference in Athens, Panayiotou attributed this growth to “relentless effort and strategic vision.” She added […]




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Nicosia gold shop owner under arrest for stolen jewellery

Police on Wednesday are investigating the theft of a large number of gold items after a search at a Nicosia gold shop. The owner of the property, aged 78, has been arrested and taken into custody for questioning. According to the police, the search happened as part of an ongoing investigation into a spate of […]




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John Krasinski named People magazine’s ‘sexiest man alive’

By Danielle Broadway Actor and director John Krasinski was named People magazine’s “sexiest man alive” for 2024 on Wednesday, taking over the mantle from “Grey’s Anatomy” actor Patrick Dempsey. “Just immediate blackout, actually. Zero thoughts,” Krasinski told People in reaction to the news. The actor is perhaps best known for his sardonic nice guy role […]




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ADB Launches Country Partnership Strategy for Bhutan for 2024-2028

ADB’s Country Partnership Strategy for Bhutan for 2024-2028 aims to enable inclusive, sustainable, resilient, and job-creating growth.




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Philippines: Accelerating Growth That Leaves No One Behind

The Asian Development Bank has launched a new country partnership strategy (CPS) to support the Philippines’ transformation in the next 6 years. It is designed to ensure sustainable, inclusive and resilient growth in the face of climate challenges.




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2024 Asian Regional Forum on Investment Management of Foreign Exchange Reserves - Roberta Casali

Opening remarks by Roberta Casali, ADB Vice-President for Finance and Risk Management, at the 2024 Asian Regional Forum on Investment Management of Foreign Exchange Reserves, 25 September 2024, Japan




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By Investing in Technical Training, a Brighter Future Beckons for the Youth of Bhutan

The Asian Development Bank is ramping up investment in technical and vocational education and training in Bhutan, which is helping to train thousands




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Human-centered Design Improves Transport in Ulaanbaatar’s Ger Areas

ADB sought to understand what improving transport meant for the community. Prior to project design, consultations were conducted with residents in Ulaanbaatar’s ger areas. Design decisions were tested back to ensure that mobility pain points were addressed.




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Q&A: Sovereign Exposure Exchanges Allow MDBs to Reduce Portfolio Concentration Risks

A sovereign exposure exchange is a cost-effective risk management tool used by multilateral development banks (MDBs) to reduce sovereign portfolio concentration risks. It provides capital relief for MDBs by exchanging loan guarantees on credit exposure from borrowing countries where an MDB is highly concentrated for exposure to countries where the MBD’s exposure is lower or nonexistent.




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Building Climate Resilience and Empowering Rural Communities in Mongolia

Mongolia's nomadic herders, reliant on fragile ecosystems, are facing increasing challenges from climate change. The Asian Development Bank is empowering these communities with small grants and targeted initiatives to build climate resilience.




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8th Greater Mekong Subregion Summit, Plenary Session - Masatsugu Asakawa

Remarks by Masatsugu Asakawa, President, Asian Development Bank, at the 8th Greater Mekong Subregion Summit, Plenary Session, 7 November 2024




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Senior Investment Specialist

ADB has a vacancy for the position of Senior Investment Specialist in the Private Sector Operations Department. The deadline for submitting applications is on 25-NOV-2024.




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(Associate) Human Resource Officer

ADB has a vacancy for the position of (Associate) Human Resource Officer in the Budget, People, and Management Systems Department. The deadline for submitting applications is on 20-NOV-2024.




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Development Asia: Enhancing Environmental Safeguards in Financial Intermediaries

The Asian Development Bank (ADB) has provided loans to financial intermediaries to support projects “whose individual financing requirements are not large enough to warrant the direct supervision of ADB.”




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Development Asia: Empowering Communities: A Path to Resilience in Maldives

In Maldives, youth disengagement and gang violence have emerged as a significant issue, driven by socio-economic factors and limited opportunities for employment and vocational education.




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Development Asia: Designing a Comprehensive Public Financial Management Reform Plan for the Philippines




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Asian Development Blog: Key Strategies to Improve Mental Health Support Across Asia and the Pacific

World Mental Health Day is a timely reminder that integrating mental health care into schools, workplaces, and communities is critical for improving health outcomes and reducing costs. Expanding digital interventions and peer-support systems are also crucial, particularly in low- and middle-income countries.




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Development Asia: Enhancing Statistical Capabilities for Climate Action

Climate change poses an increasing threat to people and their livelihoods. Record heat waves, catastrophic floods, prolonged droughts, and other extreme weather events in Asia and the Pacific are becoming more frequent.