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Creating a digital path for the unbanked -- by Lotte Schou-Zibell

In the Philippines, cloud-based technology is being used to address the financial exclusion that helps fuel poverty and inequality.




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Is blockchain a good bet for development? -- by Lotte Schou-Zibell, Nigel Phair

Blockchain technology offers great promise and great risk. We need to better understand how it works and how to use it safely and effectively.




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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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Bốn cách giúp thành phố Hồ Chí Minh trở thành một trung tâm tài chính -- by Donald Lambert

Với những cải cách tài chính quan trọng, TP Hồ Chí Minh có tiềm năng theo mô hình của Tokyo, Thượng Hải, Mumbai và các thành phố khác thành các trung tâm nổi trội về tài chính toàn cầu.




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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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The surprising link between trade finance and gender equality -- by Steven Beck

To level the playing field in Asia and the Pacific, women-owned companies need financial backing to support their importing and exporting needs.




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Microfinance can be a powerful force in disaster recovery -- by Mayumi Ozaki

The cost of disasters far outweighs the resources available for recovery. Microfinance could be one way to fill the funding gap.  




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How can we help the millions displaced each year by disasters? -- by Steven Goldfinch, Rebekah Beatrice Ramsay

Governments in the region need to invest more in prevention and response to the long-term impacts of disaster displacement.




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Think services, not only manufacturing -- by Matthias Helble, Sameer Khatiwada, Ben Shepherd

To offset the declining benefits of manufacturing, governments must increase the productivity of the services sector. This will boost growth and offer employment opportunities.




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Đây là cách chúng ta có thể thúc đẩy các Mục tiêu Phát triển bền vững tại Châu Á và Thái Bình Dương -- by Bart Édes

Châu Á và Thái Bình Dương chưa có được tiến độ cần thiết để đạt được các Mục tiêu Phát triển Bền vững nhưng vẫn còn một thập niên để bù lại thời gian đã mất.




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Can the Pacific become the world’s first fossil-fuel-free zone? -- by Rafael Abbasov

With key reforms, Pacific states could move toward cleaner, more affordable sources of energy that eventually eliminate fossil fuels completely.




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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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Đây là cách để Việt Nam có thể tài trợ cho giai đoạn tăng trưởng tiếp theo -- by Donald Lambert

Ba chiến lược mấu chốt để Việt Nam có thể đạt được các mục tiêu phát triển đầy tham vọng trong những năm tới.




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A new day for women and girls in Asia and the Pacific -- by Sonomi Tanaka, Zonibel Woods

Girls and women today have far more opportunities and role models than their mothers and grandmothers, but there is much more to be done.




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Health care must be affordable and accessible, but also high quality -- by Valerie Shelly, Susann Roth, Kirthi Ramesh

Universal health coverage must be high quality to improve patients’ health outcomes




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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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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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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.




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The response to COVID-19 should also be a response to the climate crisis -- by Preety Bhandari, Arghya Sinha Roy

Now is the time to ramp up actions on resilience so that society can beat the COVID-19 crisis while reducing the impact of climate threats.




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საზღვრები ჩაიკეტა, მაგრამ ვაჭრობა უნდა გაგრძელდეს -- by Steven Beck

კორონავირუსის პანდემიამ ვაჭრობის ხელშეწყობის აუცილებლობა დაგვანახა, არა მხოლოდ სამედიცინო ტვირთების მიმოცვლისთვის, არამედ ეკონომიკის გასაძლიერებლად.




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Small business solutions for pandemic challenges -- by Lotte Schou-Zibell

Crafting small business support efforts to specific country circumstances could help save millions of livelihoods in poor communities and fortify economies against future shocks.




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Mapping Asia’s epidemics -- by Ilan Noy, Benno Ferrarini, Donghyun Park

Countries can minimize the economic risk of epidemics by investing in the tools needed to predict disease emergence.




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Central Asian countries are moving forward together to beat COVID-19 -- by Xinglan Hu, Kirthi Ramesh, Mariya Khatiwada Savchuk

A forward-looking, regional approach is needed for countries in Central Asia to respond to the pandemic and prepare for future public health threats.




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Hoping for a turnaround, realty brokers bet big on Narendra Modi government

NEW DELHI: Since the election results were announced last week — handing out a clear mandate to the Narendra Modi-led BJP — real estate brokers across the country have been prodding buyers to book their dream homes fast, since with a stable government on the cards, builders could increase prices any time soon. Business for thousands of brokers has been thin over the last year or so as negative sentiment engulfed the market and home sales tanked. Investors fled and genuine home buyers waited anxiously to see if a new stable government can infuse life into the economy. “It might just be a case of brokers trying to perk up […]




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CCI orders fresh probe against DLF firm for Gurgaon project

New Delhi : The Competition Commission of India (CCI) has ordered a fresh probe against a DLF group firm, DLF Universal, for allegedly imposing unfair and unreasonable conditions on office buyers at one of its commercial projects — Corporate Greens at Sector 74A — in Gurgaon. CCI said in its 11-page order dated June 23 that “the conduct of DLF Group, emanating from its dominant position in the relevant market, prima facie, amounts to imposition of unfair terms and conditions on the commercial office buyers which is anti-competitive”. After looking into the complaint, CCI said its prima facie opinion was that despite the presence of other developer in commercial real […]





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After being kidnapped and threatened, Mozambican YouTuber has his channel suspended

In early February, he was kidnapped for 24 hours, before he was freed by the police. A self-proclaimed prophet named Joe Williams is suspected of ordering the kidnapping.




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U.S. Stars 'Borrow' Legs of Black Pink Member Lisa in Internet Meme

A meme based on an image from a video clip of Lisa, a member of K-pop girl group Black Pink, has gone viral among global celebrities on Twitter. Lisa uploaded the 1 minute, 20 second video, which shows her performing a sexy dance routine, on her personal YouTube channel on April 20. Hollywood celebr...




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Bangtan Boys to Join Obamas in YouTube Virtual Commencement Event

K-pop boy band Bangtan Boys, also known as BTS, will give speeches during a virtual commencement event along with global figures including former U.S. President Barack Obama and his wife Michelle, and pop star Lady Gaga. "Dear Class of 2020," organized by YouTube, will be streamed on June 6 to celeb...




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Mercedes-Benz Slapped with Record Fine for Emissions Cheating

The Environment Ministry is fining Mercedes-Benz W77.6 billion for illegally tampering with emissions tests, the biggest fine ever for a carmaker here (US$1=W1,225). The ministry on Wednesday said Mercedes-Benz, Nissan and Porsche tampered with the emissions of around 40,000 diesel cars sold in Kore...




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Pregnant Actress Choi Ji-woo Sends Well Wishes to Other Moms-to-Be

Actress Choi Ji-woo posted a handwritten letter with a photo of herself showing her "baby bump" on her fan site on Thursday. "I now have 15 days left before my baby's due date. I took a selfie in front of my house. As I got pregnant at a late age and am preparing for delivery amid the coronavirus ep...




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Georgia Promises Thorough Probe in Killing of Ahmaud Arbery

More than two months after a black man was shot to death while jogging on a Sunday afternoon, Georgia investigators conceded that the facts show enough evidence to jail a white father and son on charges of felony murder and aggravated assault.  The investigation appeared stalled by local author...




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Golfer Greg Norman’s Colorado ranch — featuring seven lakes, a dance hall and 11,600 acres — can be yours for $50 million

Surrounded by the White River National Forest, the 11,600-acre Seven Lakes Ranch located in the Meeker Valley is up for sale three years removed from extensive renovations.




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Cash payments to category-III beneficiaries begin

Islamabad : Ehsaas Emergency Cash payments to category-III beneficiaries which were identified through district administrations began on Friday.The Ehsaas Emergency Cash disbursements have been ongoing for the last one month and so far, Rs89.143 billion have been distributed cumulatively for...




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Hide and seek between merchants and police comes to halt

Rawalpindi : Merchants while lauding decision of the government for relaxing coronavirus lockdown took a sigh of relief as Eid season is around the corner. For the last few weeks specifically following the advent of the holy month of Ramazan, there were reports that merchants were treating...




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Confusion about exams to be cleared on Monday

Islamabad: The cancellation of educational board exams over the coronavirus pandemic has caused confusion for candidates, Federal Minister of Education and Professional Training Shafqat Mahmood has promised to respond to questions early next week.In multiple tweets, the minister said Class 9 exam...




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Robbers among four alleged criminals arrested by SUI

The Special Investigation Unit of the Criminal Investigation Agency busted on Friday three suspected criminals running a gang. In a separate raid, they apprehended analleged robber.According to SIU police chief SSP Irfan Bahadur, three gang members were involved in various criminal cases,...




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Yaum-e-Ali procession will be organised, insists MWM

Criticising the Sindh government for “playing politics” over the holding of mourning religious congregations by issuing a notification to ban such congregations, the Majlis-e-Wahdat Muslimeen announced on Friday that the Yaum-e-Ali procession would be organised on Ramazan 21 after...




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Microchip Announces Industry’s First Space-Qualified COTS-Based Radiation-Tolerant Ethernet Transceiver and Embedded Microcontroller

Microchip Announces Industry’s First Space-Qualified COTS-Based Radiation-Tolerant Ethernet Transceiver and Embedded Microcontroller




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Enabling Cloud Connectivity to All MCUs and MPUs, Microchip Launches a Range of Embedded IoT Solutions for Rapid Prototyping

Enabling Cloud Connectivity to All MCUs and MPUs, Microchip Launches a Range of Embedded IoT Solutions for Rapid Prototyping




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Greater Mekong Subregion East–West Economic Corridor Towns Development Project: Environmental Monitoring Report (July-December 2019)

Environmental monitoring reports describe the environmental issues or mitigation measures of a project. This document dated May 2020 is provided for the ADB project 43319-022 in the Lao People's Democratic Republic.




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Necessary and urgent to halt economic collapse: Berri

Speaker Nabih Berri said it was necessary and urgent to implement measures to halt Lebanon’s economic collapse, local newspaper Al-Joumhouria reported Saturday.




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Ex-PM Abbasi to brief sugar probe body today

ISLAMABAD: Former prime minister and senior leader of the Pakistan Muslim League-Nawaz (PML-N) Shahid Khaqan Abbasi will appear on Saturday (today) before the commission of inquiry investigating the recent shortage and price hike of sugar in the country.

Mr Abbasi told Dawn on Friday he would inform the commission how sugar scandals develop, in the light of his experience as a former chief executive of the country.

He said he had written a letter to the commission, offering his services to it by sharing his experiences in probing scams. “I wrote the letter to the commission, as under the Commission of Inquiry Act any citizen can assist such commissions in investigating such scams,” he said.

Upon receiving the letter, Mr Abbasi said, the commission asked him to provide a written statement, or any other document, that would help in investigating the scandal. “I told the commission that I will not give any written statement or document, but will assist it on the basis of my experience, I being a former member of the Economic Coordination Committee (of the cabinet) and former head of the federal cabinet,” he said.

Mr Abbasi, who served as the prime minister in the last PML-N government, said he would explain to the commission how the sugar crisis occurred.

When asked to share some of the reasons behind the crisis, the former premier said allowing export of the commodity was one of the main reasons. “The commission has to ascertain who gave the approval for export of sugar when its local demand had not been taken care of.”

He said he would request the commission to keep his meeting with its members open to all. Another PML-N leader and former defence minister Khurram Dastagir Khan would be accompanying Mr Abbasi to the meeting.

The commission is investigating the recent shortage of sugar and wheat in the country, in which some key members and allies of the ruling Pakistan Tehreek-i-Insaf were allegedly involved.

Published in Dawn, May 9th, 2020




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Corona patients occupy 54pc beds in hospitals across Punjab

LAHORE: A sharp increase in confirmed Covid-19 cases across Punjab has further burdened state-run health facilities, taking their bed occupancy ratio to 54 per cent.

The rate increased during the last two weeks or so due to widespread transmission of the virus.

Official figures reported by the health department portray a grim picture as 3,693 people contracted the virus during the last seven days in the province.

Punjab had reported around 3,686 positive cases for the virus during a period of one month starting from March 15, when the first Covid-19 case was spotted.

Most of the confirmed patients were taken care of in Lahore where the 1,000-bed Expo Centre Field Hospital is housing 450 patients, with 45pc bed occupancy.

Ratio may touch 80pc in two weeks

Similarly, the Mayo Hospital houses 420 patients (70pc bed occupancy) while the Pakistan Kidney and Liver Institution 100 patients (100pc bed occupancy).

The health authorities believe that this percentage is likely to reach 80pc in coming two weeks if cases continue to grow at the same rate.

The Pakistan Medical Association (PMA) is very much concerned over the increasing number of coronavirus patients and rising death toll.

“We are extremely disturbed that how our hospitals would mange the load of corona patients in future because of the scale of transmission of the virus,” said PMA Secretary Dr Qaisar Sajjad.

He said the government would have to revisit the current health system in order to remove flaws and create more space for coronavirus patients, keeping in view the future requirements.

While sharing the fresh report, a spokesperson for the Primary and Secondary Healthcare Department said Punjab reported a record 961 confirmed cases of the virus on Friday and it was the highest figure in a single day so far since the pandemic surfaced in the province.

“The government has allocated 7,753 beds for the corona patients at all the teaching, district and other field hospitals across the province,” he said. Of them, 4,239 had been occupied by the patients.

“We have 6,744 beds for corona patients at all the teaching and field hospitals that fall under the specialised healthcare and medical education department in Punjab,” SH&MED Additional Secretary (development) Nadir Chattha said.

He said 3,370 of them were allocated in teaching hospitals and 3,374 at field hospitals. Of the 6,744 beds, he said 2,261 (34pc) had been occupied by the patients.

“We are going to make available 984 more beds in coming days,” he said.

Of the total admitted patients, Mr Chattha said 40 were in a critical condition, with 34 of them on ventilators. He said so far 186 corona patients had died in Punjab.

On the other hand, of the total 961 confirmed cases on Friday, 488 were reported from Lahore which was also another record number (of people testing positive) in the provincial capital in just a day. Of them, 87 were reported from Gujrat, 77 from Rawalpindi, 60 Faisalabad, 45 Multan and 67 from Muzaffargarrh besides some other cities.

The total number of confirmed cases in Lahore and Punjab rose to 3,856 and 10,033, respectively, on Friday.

Surprisingly, the health department said only one patient died (in Muzaffargarh) of coronavirus in Punjab during the last 24 hours.

Published in Dawn, May 9th, 2020




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Misbah wants cricket resumption, even if behind closed doors

LAHORE: Pakistan head coach and chief selector Misbah-ul-Haq says being confined to home due to the coronavirus-forced lockdown can become depressing and wants some cricket activities to resume soon even if the matches have to take place behind closed doors with proper safety barriers.

There are reports that the England and Wales Cricket Board (ECB) was contemplating rescheduling and organising the three Test matches against Pakistan in August behind closed doors at Old Trafford, Manchester and Southampton.

Misbah said he would love to see some cricket activities resume at the international level, and has no problems in playing in empty stadiums.

“It is not an ideal situation for anyone because of this coronavirus pandemic and obviously the health and well being of everyone should be our top priority. But if matches can be held even in empty stadiums with the right safety barriers...I would have no problems,” Misbah was quoted as saying in a Press Trust of India report that appeared on The New Indian Express website on Friday.

The former Pakistan skipper said that the players have had nothing much to do except stay indoors for the last two months since the Pakistan Super League (PSL) was called off due to the global health crisis in March.

“Everyone is confined and I just think that if even if it can be made possible to bring some live cricket action to people sitting at home it would do them a lot of good,” Misbah said.

“It becomes depressing when you have nothing to do and hear about mostly Covid-19 news all the time. In this situation if sports can be resumed and if cricket can be started at least it will allow the people to watch cricket at home.”

Misbah, who took charge last year in September, said if the right safety barriers and precautions are put in place for players, match officials and other stake holders, cricket boards can move forward.

He, however, reminded that boards will have to follow their government instructions on the coronavirus.

German football league Bundesliga is set to resume on May 16 and Misbah said it was a positive development.

“But even they first got clearance from their government. Cricket boards also will have to do that,” he insisted.

The 45-year-old said the players were responsible for maintaining fitness standards during these testing times and he expects them to be in top condition whenever cricket resumes.

“I told them as cricket professionals it is their individual responsibility to take care of themselves and their fitness. Because they can be called on duty anytime,” he said.

Misbah said he had told the players fitness standards are essential nowadays because if they are fit they can also get back to form and match fitness quickly.

Published in Dawn, May 9th, 2020




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Five million babies expected to be born in Pakistan in 9 months since Covid-19 outbreak: Unicef

An estimated 29 million babies will be born in South Asia in the nine months after the Covid-19 outbreak was classified as a pandemic by the World Health Organisation (WHO), while five million births will be reported in Pakistan, according to a report released by the United Nations Children's Fund (Unicef).

The report — released on May 6 — has predicted that an estimated 116 million babies will be born across the world in the 40-week period between March 11 and December 16, with almost a quarter of them in South Asia.

India is expected to report 20 million births, the highest in the region, during this period, the report said, followed by Pakistan, Bangladesh (2.4 million) and Afghanistan (one million).

The report also warned that lockdown measures imposed to curb the spread of the coronavirus may cause disruptions in life-saving health services "putting millions of pregnant mothers and their babies at great risk".

"The continuing rapid spread of Covid-19 across South Asia means new mothers and newborns will be greeted by harsh realities, including global containment measures such as lockdowns and curfews, health centres overwhelmed with response efforts, supply and equipment shortages, and a lack of sufficient skilled birth attendants as health workers [...] are redeployed to treat Covid-19 patients.

"Unicef cautions that although evidence suggests that pregnant mothers are not more affected by Covid-19 than others, countries need to ensure they still have access to antenatal, delivery and post-natal services.

"Likewise, sick newborns need emergency services as they are at high risk of death. New families require care to ensure the health and well-being of mothers, support to start breastfeeding, and to get medicines, vaccines and nutrition to keep their babies healthy," the report said.

The UN body urged governments and healthcare providers to take a few steps to save lives in the coming months by:

  • Helping women receive regular checkups during their pregnancy, skilled delivery care and post-delivery care
  • Ensuring health workers are provided with the necessary personal protective equipment and priority testing and vaccination for Covid-19 when it becomes available
  • Ensuring that all infection prevention and control measures are being followed at health facilities
  • Allowing healthcare workers to reach pregnant women through home visits, encouraging women living in rural areas to visit maternal waiting homes, and using mobile health strategies for tele-consultations
  • Training, protecting and equipping health workers with kits to attend to home births
  • Allocating resources to lifesaving services and supplies for maternal and child health

The report also urged pregnant women to take precautionary measures by practicing social distancing, avoiding physical gatherings and using online health services.

Read: Mothers may pass coronavirus to unborn children, say Chinese doctors

It also advised them to continue breastfeeding their children even if they are infected as "the virus has not been found in samples of breast milk".

"Mothers with Covid-19 should wear a mask when feeding their baby, wash hands before and after touching the baby, and routinely clean and disinfect surfaces," it cautioned.




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Some debts need to be written off: IMF

WASHINGTON: Some debts were not sustainable and needed to be restructured, re-profiled or written off, International Monetary Fund (IMF) Managing Director Kristalina Georgieva said in an interview recorded earlier this week.

In this interview to ITV News, Ms Georgieva also urged governments to spend more money on health workers to protect the most vulnerable.

“There is a possibility that in some cases debt simply is not sustainable and therefore some action has to be taken either to re-profile or restructure or in some cases write off this debt,” she said.

Although G20 countries have promised some debt relief, a transcript of the interview, released by the IMF headquarters in Washington, indicated that Ms Georgieva believed the crisis required them to go further.

Imran has argued that heavy debt burdens are preventing countries from focusing on the challenge of saving people from pandemic as well as hunger

Last month, Prime Minister Imran Khan appealed to the leaders of rich countries, the UN secretary general and heads of financial institutions to give debt relief to developing countries like Pakistan so that they could combat the deadly Covid-19 in a better way.

The prime minister argued that heavy debt burdens were preventing some countries from focusing on the real challenge of saving their people from the deadly pandemic and hunger that extended lockdowns would trigger.

The IMF chief, while acknowledging the need to restructuring loans, also said the first priority was to combat the disease that has already killed hundreds of thousands and infected several millions across the globe.

“The only thing we ask countries is please spend more money for your doctors and nurses — and please, please use the money to protect the most vulnerable,” she said.

The interviewer, Julie Etchingham, noted that loans usually came with conditions — such as tightening public spending — that were difficult to implement during the Covid-19 crisis.

Ms Georgieva said she was aware of the risks ahead for the IMF. “We are looking to the transparency and accountability in countries. They themselves are coming up with commitments to audit the use of the funds we provide, but there are no strings attached,” she said.

The IMF chief said that more than 100 countries had reached out to them for help to fight the pandemic and 50+ requests were swiftly approved for a total of about $18 billion.

Asked to assess the scale of the crisis facing the global economy, Ms Georgieva did not mince her words. “It is the worst crisis since the Great Depression. But it is more than that because it is a combination of a health crisis and an economic shock,” she said. “And it is truly global.”

The IMF now has about $1 trillion dollars lending capacity — four times more than in the last financial crisis.

The IMF approved $1.386 billion of assistance for Pakistan under the Rapid Financing Instrument to address the economic impact of the Covid-19 shock.

Published in Dawn, May 9th, 2020