Jin Liqun, President of the Asian Infrastructure Investment Bank (AIIB), has said the bank is promoting ‘green connectivity’. Speaking at a session on sustainable infrastructure at the AIIB’s annual general meeting in Jeju, South Korea, Jin Liqun said the AIIB is working with sovereign governments promoting better policy environment. “Our success depends on collaborative wisdom,... View Article

The new President of South Korea, Moon Jae-in, has expressed his gratitude to China for initiating the Asian Infrastructure Investment Bank (AIIB) and paid tribute to the organisation for its work to date. Delivering the keynote address at the formal opening of AIIB’s annual general meeting on the island of Jeju, President Moon said he... View Article

AIIB President Jin Liqun has formally opened the AIIB’s annual general meeting in Jeju, South Korea, with a pledge to drive “tangible and positive outcomes.” “Asia is at a critical juncture. The region faces new and complex challenges,” he said, citing the infrastructure gap, urbanisation and climate change. Jin Liqun said he and his top... View Article

The Asian Infrastructure Investment Bank (AIIB) is holding its second Annual General Meeting in Jeju, South Korea over the next few days. The 2500 participants attending to discuss the bank’s direction include China’s Finance Minister, Xiao Jie, India’s Finance Minister, Arun Jaitley, Thailand’s Finance Minister, Apisak Tantivorawong, and Indonesia’s Finance Minister, Sri Mulyani Indrawati. Hong... View Article

All Ministers within the UK Government’s Department for International Trade (DIT) have been reappointed following the general election last week. Led by Liam Fox as Secretary of State, DIT Ministers Greg Hands, Mark Garnier and Lord Price are responsible for promoting British trade across the world and ensuring the UK takes advantage of opportunities in... View Article

The European Investment Bank (EIB) and the Silk Road Fund have launched a new fund to support the Belt and Road Initiative (BRI), as part of the effort to enhance cooperation under the existing framework. The EU-China fund is expected to provide €500million to support equity investment across Europe. “The new China-EU Co-Investment Fund will... View Article

The ground breaking ceremony for what aims to be London’s third financial and business district at the Royal Albert Dock will be held on Wednesday 28 June – a significant milestone in the development of the ambitious new project. Sadiq Khan, Mayor of London, will be the keynote speaker at an event to mark the... View Article

The Philippines will get a new Central Bank Governor next month. President Duterte has appointed Nestor Espenilla, currently the Central Bank’s Deputy Governor for supervision and examination, to replace Amando Tetangco, who will retire. Tetangco has been governor for almost 12 years. The choice of an insider to replace him ‘ensures the continuity of policy... View Article

Asian media morning editions ran with UK election exit polls on predictions for a hung parliament. ‘Britons elect hung parliament in general election’ ran the China Daily International edition, quoting early edition UK newspaper headlines that pointed to no overall majority for the ruling Conservative Party. Singapore’s Straits Times lead with UK Prime Minister Theresa... View Article

The Organisation for Economic Co-operation and Development (OECD) has said that it expects the UK economy to slow in 2017 and 2018 due to uncertainties about the outcome of the Brexit negotiations. The projection, unveiled in the OECD’s latest Global Economic Outlook, is based on the assumption that there will be no trade deal between... View Article