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State Bank's Refinance Scheme for small businesses fails to take off

ISLAMABAD: The State Bank of Pakistan’s Refinance Scheme for Small Businesses has so far failed to take off due to multiple reasons as the commercial banks are not designed and fully equipped to provide credit line to Small and Medium Enterprises .“The SBP’s RefinanceScheme for...




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Pakistan sees sharp spike in virus cases as curbs ease today

By News DeskISLAMABAD: Senate Chairman Sadiq Sanjrani has summoned a session of the Upper House on Tuesday, as the country witnessed its sharpest spike in confirmed coronavirus cases in a 24 hour period with nearly over 1,900 new cases and 35 more deaths.According to a press release issued by the...




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Artificial intelligence, and human education, needed to advance energy efficiency -- by Yongping Zhai (翟永平), Yoonah Lee, Dan Millison

To get energy efficiency programs back on track, governments need to focus on education, incentives and improved regulations, as well as artificial intelligence and machine learning.




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How do you like them apples? Central Asia gets ready to help feed the world -- by Dorothea Lazaro, Loreli de Dios

Central Asia is improving food safety measures to share with the world some of the more than 8000 plant species, as well as livestock, from the region.




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Here’s a surprising way to achieve most of the SDGs -- by Martin Lemoine

There is one sector that contributes up to a third of gross domestic product, and is an important source of foreign currency, in many of Asia’s developing countries. It could be deployed to achieve the Sustainable Development Goals.




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Get smart to avoid a global water crisis -- by Stephane Y. Bessadi

Technology is a critical aspect of improving the availability and accessibility of clean water around the world.




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In Asia, young people are key to achieving national development goals -- by Chris Morris

Skills training, civic engagement and youth forums will help young people become active players in society’s shared efforts to grow and improve.




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Why we need to act fast on international trade laws and standards -- by Steven Beck

There’s one big element missing before we can create a truly transparent, seamless and open international trading framework.




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Pension extension: Bringing informal workers into the retirement social safety net -- by Sri Wening Handayani

Millions of Asia’s informal workers – such as vendors, day laborers, and others – are left out of national pension systems. Here’s what we can do to help them in their later years.




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Resettlement isn’t easy. Here are four ways to improve outcomes for all parties involved -- by Rebekah Beatrice Ramsay

Involuntary resettlement can improve the lives of the resettled while reducing poverty and delivering results for development projects




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It’s time to stand up for happier workplaces. Here’s how. -- by Haidy Ear-Dupuy

A landmark international agreement designed to eliminate violence and harassment in the workplace has been passed. Now comes the hard part.




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Strengthening the chains that helped pull Asia out of poverty -- by Bambang Susantono

The global value chains that help drive Asia’s export-driven economic miracle have widespread development impacts. We need to understand them better to maximize the benefits.




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Eight steps to get PPPs right in Viet Nam -- by Donald Lambert, Sanjay Grover

A well-structured law on private-public partnerships is a key opportunity to upgrade Viet Nam’s infrastructure.




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Let’s make it easier for countries to trade -- by Utsav Kumar, Ben Shepherd

The World Trade Organization’s Trade Facilitation Agreement provides a roadmap for developing economies to increase trade while also increasing the benefits it provides to their citizens.




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Knowledge is everywhere. Here are four ways to make it easier to share. -- by Sonia Chand Sandhu

A wealth of knowledge – knowhow and wisdom – rests with the officials, professionals, practitioners and communities. The challenge is to unleash the untapped power of this information.




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At your service: trade liberalization could bring huge benefits to Southeast Asia -- by Kakali Mukhopadhyay

Making it easier for workers to move between countries is key to liberalizing the trade in services and unleashing the benefits it will produce across national and regional economies.




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A surprising lifeline for workers, companies and communities after disasters -- by Yasuyuki Todo

Global supply chains link the welfare of disaster-hit companies and their surrounding communities to a network of corporations that have an economic incentive to help them bounce back. 




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Is it time for some countries to implement a brain drain tax? -- by Dr. Saibal Kar

A tax on migrating workers compensates the exporting country for loss of the human capital created by its education and skills development programs.




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We need to get 'climate-smart' to enhance food security in Asia -- by Akmal Siddiq, Md. Abul Basher

Climate-smart and resource-saving farming technologies could be one way to address hunger in Asia.




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Asia’s vibrant elderly are redefining what it means to be “old” -- by Cyn-Young Park (朴信永), Aiko Kikkawa Takenaka, Raymond Gaspar

The Asia and Pacific region is aging rapidly, and that is affecting the region’s workforce, but increased longevity is adding an unexpected element to the picture




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Can big data help us make better development decisions? -- by Werner E. Liepach, Guntur Sugiyarto

Data-driven decision making can be a powerful tool in the world of international development but it requires careful planning and management. 




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Four ways to help transform Ho Chi Minh City into a financial hub -- by Donald Lambert

With key financial reforms, Ho Chi Minh City has the potential to follow the model of Tokyo, Shanghai, Mumbai, and other cities which came to global financial prominence.




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In Indonesia, a new tool is being used to fight child marriage -- by Claudia Buentjen, Kate Walton

Local officials can now find information from all sectors, such as health, education, women’s empowerment, child protection, and human rights and law, to help them address child and teen marriage in their area.




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How governments can halt the rise of unfriendly, unstoppable super-artificial intelligence -- by Wim Naudé

Artificial intelligence could be enormously beneficial to society, and it could also lead to catastrophe. Governments can play a role determining the outcome of AI’s development.




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How to strengthen Asia’s financial safety net -- by Cyn-Young Park (朴信永), Peter Rosenkranz, James Villafuerte

Past financial crises have demonstrated how adequate financial safety net arrangements—globally, regionally, and nationally—are vital to safeguarding financial stability.




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How Asia can ride the digital wave to spur financial development -- by Bambang Susantono

The ‘app economy’ provides potential risks and benefits for developing countries. The right policies are needed to bring out the best in these emerging economic trends.




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It’s time to stem the tide of women’s under-employment -- by Uzma Hoque

In Sri Lanka, efforts need to be made to promote science, technology, engineering and mathematics (STEM) education for girls to support their employment potential.




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Markets key to Asia’s success -- by Takehiko Nakao

Despite variations across countries on policy mix and timing, a pragmatic focus on sustained growth, poverty reduction, and inclusiveness characterize Asia’s economic rise 




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Three ways to improve the communication of development research -- by Cahyadi Indrananto

Practical approaches can improve how we promote development research, and increase uptake by policymakers




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Here's how we can give a boost to the SDGs in Asia and the Pacific -- by Bart Édes

Asia and the Pacific is not where it needs to be to meet the Sustainable Development Goals but there remains a decade to make up for lost time.




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The world has lost a pioneer in the global effort to help the poor -- by Bart Édes

Sir Fazle Hasan Abed dedicated his life to social development, establishing practices that will continue to help the poor for decades to come.




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Here are three ways to help small countries get the energy they need -- by Yoji Morishita

Complex, carefully managed financing structures can provide the funding needed for island states and others seeking to develop energy projects.




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Leveling the playing field: Can digital technologies address inequity in cities? -- by Bambang Susantono

Throughout Asia and the world, digital solutions are being found for urban problems. Policymakers and city leaders should ensure that the poor do not get left behind in this digital transformation of cities.




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Asia’s growth engines need a tune up -- by Glenita Amoranto, Liming Chen, Eugenia Co Go

Asian cities act as engines of economic growth, providing jobs, expertise, and the sharing of resources. But in some cases, these powerful engines are sputtering due to insufficient infrastructure, inadequate planning, and poor governance.




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Building Viet Nam’s bridge to greater economic growth and development -- by Donald Lambert

There are three key strategies that can help Viet Nam achieve its ambitious development targets in the coming years.




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Asia needs to get cooking when it comes to solar energy -- by Yongping Zhai (翟永平)

Solar power is helping Asia get electricity to people, particularly in rural and remote areas, but it has fallen behind in its use as a clean energy cooking source.




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公平游戏:数字技术能解决城市的不平等问题吗? -- by Bambang Susantono

在整个亚洲乃至全世界,许多城市难题通过数字技术得到了解决。政策制定者和城市领导者应确保贫困人口在城市数字化转型中一个都不能少。




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How do we capture the digital economy in statistics? -- by Clara Delos Santos, Angelo Jose Lumba

By some estimates, the digital economy now accounts for trillions of dollars. But policymakers and companies still lack the data needed to fully understand it.




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Three ways to enhance student assessments -- by Sungsup Ra, Unika Shrestha

Developing a holistic national student assessment system can be a colossal undertaking but strategic measures can produce results.




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Let's take bold action on health to avoid future pandemics -- by Susann Roth, Najibullah Habib

The COVID-19 pandemic could be an opportunity to take a more holistic approach to health and well-being, invest in health systems and in resilient supply chains.




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In the Pacific, urgent action is the key to addressing COVID-19 -- by Emma Veve

Pacific nations, led by the smallest and least well-off, moved decisively to restrict travel from a fast-growing list of COVID-19 affected countries.




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Leverage development experience to beat COVID-19 -- by Ramesh Subramaniam

COVID-19 is uncharted territory but development professionals bring a wealth of experience from past crises to rebuild lives, livelihoods, and economies. 




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We need better social protection to safeguard the poor from COVID-19 -- by Amir Jilani

Millions of families who were already poor and vulnerable before the COVID-19 outbreak face impossible decisions about food, healthcare, and survival. We have a responsibility to act immediately and protect those most in need.




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Asia and the Pacific can overcome COVID-19 by working together -- by Arjun Goswami

The Asia Pacific region is standing together to cooperate regionally to address the transnational threat posed by the COVID-19 pandemic.




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Even with borders closing, we need to keep trade flowing -- by Steven Beck

The COVID-19 pandemic underscores the need to support trade to not only move medical supplies but also to bolster economies




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Pandemic highlights the need to manage Asia’s debt problem -- by Bambang Susantono

Bank-held nonperforming loans in some Asian economies have risen in recent years. Policy makers should address this growing risk now.




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Lessons learned from the massive shift to online learning due to COVID-19 -- by Jeffrey Jian Xu , Sungsup Ra, Brajesh Panth

The surge in online learning in the People’s Republic of China during the coronavirus outbreak highlights the importance of infrastructure, platforms and the preparedness of teachers, students and parents.




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Helping the poor and hungry to survive the pandemic -- by Ramesh Subramaniam

A new program will help provide food to thousands of poor households in the Philippines.




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Let’s use the pandemic to expand our transport options -- by Lloyd Wright

The COVID-19 pandemic is an opportunity to embrace the future of work-from-home and the greater adoption of walking and cycling. 




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Three ways to support businesses and their workers during a pandemic -- by Paul Vandenberg, Matthias Helble

Many workers will be displaced and many businesses will close as a result of the slowdown caused by COVID-19. Providing support to those affected gives them a fighting chance.