For state-owned power utility companies in the Pacific, it’s time to cut the cord

State-owned power companies in the Pacific are increasingly becoming a fiscal risk in part due to their outdated management practices. Reforms are needed to allow them to prosper and perform into the future.
Hong Kong widens COVID-19 vaccine scheme to under 30s

HONG KONG (Reuters) – Hong Kong authorities said on Thursday that the city’s vaccine scheme would be widened to include those aged between 16 to 29 years old for the first time, as they aim to boost lackluster demand for inoculations in the Asian financial hub.
World stocks hit record high as bond yields ease

TOKYO (Reuters) -Global stock markets rose to a record high on Wednesday as bond yields eased after data showed U.S. inflation was not rising wildly as the economy reopens.
Asia shares loiter as S&P futures climb fresh peak

SYDNEY (Reuters) – Asian share markets lagged on Thursday as U.S. stock futures nudged to another record high after the Federal Reserve underlined its commitment to keeping policy super loose even as the economy enjoys a rapid recovery. MSCI’s broadest index of Asia-Pacific shares outside Japan was flat, and also little changed on the week. […]
Asian shares ease from three-week highs, dollar retreats

SYDNEY (Reuters) – Asian shares pulled back from a three-week high on Wednesday, dragged lower by Chinese stocks, though investors were still focused on upcoming company earnings for more signs of a global economic recovery. Eurostoxx 50 futures were off 0.1%, those for Germany’s Dax were barely changed while London’s FTSE futures were up 0.4%. […]
Here’s how we can get more people in Asia and the Pacific connected to the internet

Everyone should have reliable access to the internet. If we face another situation like COVID-19 in the future, enhanced internet connectivity will make us better prepared to handle it.
Why aren’t students in Asia getting the education they need?

By Kirsty Newman, Elisabetta Gentile Local decision makers, civil society, teachers, and parents need to be engaged with and driving reforms if teaching is going to shift sufficiently to tackle Asia’s learning crisis. Even before COVID-19, the world was facing a learning crisis with vast swathes of the world’s children not even learning to read and the fallout of […]
Fintech can drive a strong post-COVID-19 recovery in Asia

The pandemic has highlighted the power of digital technology. Now is the time to harness this power for inclusive growth so that communities, especially in poor and remote areas, can survive the crisis and thrive.
New technology helping rebuild Nepal’s quake-hit schools better, and faster

By Naresh Giri Effective project implementation demands real-time monitoring of construction progress and quality in the field. Thanks to technology, real-time monitoring of development projects is now possible, helping project managers address the multiple challenges of implementing post-disaster emergency projects. A good example is using a web-based project monitoring information system (MIS) to closely follow progress […]
University-industry collaboration at the heart of knowledge-based economic growth

By Brajesh Panth, Shanti Jagannathan The Republic of Korea and the People’s Republic of China offer 4 lessons for developing countries to strengthen their higher education systems and innovation capacities. Educated and skilled human resources are the backbone that help to build innovative capacities in economies as they move from factor-driven to efficiency-driven and then to knowledge-driven […]