A circular economy is a multifaceted economic growth strategy that helps enterprises, society, and the environment all at the same time. Its purpose is to encourage reduced product waste, recycling, and reuse in addition to making better use of resources. A circular economy is a holistic approach to economic development that benefits enterprises, society, and the environment all at the same time. The objective is to use resources more efficiently and effectively by encouraging product avoidance, recycling, and reuse. Unlike the “take-make-waste” linear model, driven by hyper-consumption, short thinking, resource over-extraction,…
Read MoreCategory: Asia
Emerging Markets are ready for international trade, but need trade finance
Emerging markets have grown at a lightning speed. Over the last 20 years, it has resulted in transforming international trading practices. Emerging economies now play a larger role in international trade than ever before. Twenty years ago, emerging economies accounted for about 30 percent of the world’s trade. Today, the figure stands at nearly 50 percent.
As supply and demand grow, developing market enterprises require ongoing working capital to maximize distribution, operational efficiency, and inventory turnover. International trade financing companies can assist emerging-market businesses in improving their cash flow position and reducing their risk exposure.
International trade finance companies typically extend working capital to businesses in emerging markets by providing them with trade finance facilities such as documentary collections, letters of credit, standby letters of credit, factoring facilities, and export credit. When a buyer purchases goods from a seller,
World’s first mass malaria vaccine rollout could prevent thousands of children dying
The world’s first mass vaccination program against malaria, announced this week, is set to prevent millions of children from catching malaria and thousands dying from this debilitating disease.
Read MoreThe world must not look away as the Taliban sexually enslaves women and girls
In early July, after Taliban leaders who took control of the provinces of Badakhshan and Takhar issued an order to local religious leaders to provide them with a list of girls over the age of 15 and widows under the age of 45 for “marriage” with Taliban fighters. It’s not yet known whether they’ve complied.
Read MoreEmerging Markets will leapfrog to renewable energy
Emerging markets are about to leapfrog fossil fuels to generate all the growth in their electricity supply from renewables in this decade. The peak global fossil fuel usage for electricity generation was probably 2018. The emerging markets are key to the global transition.
Read MoreGlobal food waste: developed vs. developing countries
Food waste has become a complex problem in recent years, attracting the attention of experts and customers in both developed and developing nations. According to the United Nations Food and Agriculture Organization, roughly one-third of all food produced for human use is wasted globally, amounting to 1.6 billion tons each year.
Read MoreMyanmar’s brutal military was once a force for freedom – but it’s been waging civil war for decades
The Myanmar military has been terrorizing civilians since a coup two months earlier. On the day of the parade, soldiers killed over 90 people for protesting military rule, including a 5-year-old boy and three teenagers. An estimated 564 people have been killed in Myanmar since the Feb. 1 coup.
Read MoreE-waste: how emerging markets can leapfrog to circular economy
According to Wikipedia, India is the “fifth largest electronic waste producer in the world” with approximately 2 million tons of e-waste being generated annually plus an undisclosed amount of e-waste coming from other countries around the world.
Read MoreWhy it’s easier for India to get to Mars than to tackle its toilet challenge
According to the Indian census of 2011, only 46.9% of the 246.6 million households in India had their own toilet facilities, while 3.2% had access to public toilets. In this context, the remaining 49.8% households had no option but to defecate in the open.
Read MoreHow is COVID-19 affecting the outlook of Myanmar’s garments industry?
A single industry can push frontier markets into the mainstream. For Myanmar this was pegged to be the garments industry. With wages rising in China, manufacturers and investors have been searching for the new factory of the world. Are the fundamentals in Myanmar strong enough to weather the coronavirus pandemic and to rise above its ASEAN neighbours? Sector overview Garment exports rose from $349m in 2010 to over $4.6bn in 2018. With over 530 factories across the country, and a factory compound annual growth rate (CAGR) of 18%, this exceptional…
Read More