On enhancing access to higher education and integrating emerging technologies into learning How is the ministry expanding access to higher education while also bolstering academic quality? KONGRATBAY SHARIPOV: Youth comprise nearly 60% of Uzbekistan's population, presenting both a significant responsibility and a tremendous opportunity. On the one hand, it drives rapidly growing demand…
On unlocking a new frontier for investment in South-east Asia How do you assess Timor-Leste’s current economic trajectory, particularly following ASEAN accession? JOSÉ RAMOS-HORTA: Timor-Leste is at an inflection point in its national development, moving from post-conflict recovery towards a new phase of institution-building and economic development. This trajectory has only been possible…
The Trans-Caspian International Transport Route has recorded sustained freight volume growth since 2022, accelerating significantly in 2024 and 2025 Kazakhstan, Uzbekistan and Azerbaijan are each advancing infrastructure investment programmes aligned with the corridor's expanding role Multilateral financing from the World Bank, the European Bank for Reconstruction and Development and…
Disruption to maritime trade through the Strait of Hormuz is intensifying pressure on Asia-Pacific supply chains in the midst of reconfiguration ASEAN nations have been the primary beneficiaries of China Plus One diversification strategies, and the current disruption is accelerating that structural shift Companies are responding with route diversification, inventory restructuring and…
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In the five years leading up to 2022 the government worked to centralise permit applications through an online single submission (OSS) system to make the submission and processing of such applications more efficient. In light of this, Law No. 11 of 2020 on job creation (Job Creation Law) amended Law No. 30 of 2014 on government administration (Government Administration Law). However, in November 2021…
Trade between the ASEAN and the Gulf Cooperation Council (GCC) has grown considerably in recent years, as economies in both regions seek to capitalise on mutually beneficial opportunities, and diversify their trade and investment partners. Indeed, trade between the GCC and Asian countries classified as emerging and developing by the IMF increased 34.7% from $383bn in 2021 to $516bn in 2022, according…
Indonesia has made steady progress in economic development in recent years, anchored on the Golden Indonesia 2045 vision, which aims to industrialise the country, raise the GDP per capita to $25,000 and create 10m jobs by 2045. Prepared by the National Development Planning Agency (BAPPENAS), Indonesia’s National Medium-Term Development Plan (RPJMD) 2020-24 is designed to ensure long-term sustainability…
Alongside significant political efforts to speed up the energy transition, green finance has been a key tool in financing growth, as governments, international institutions and lenders alike seek to support the shift towards renewables. The issuance of green bonds – financial instruments that fund environmentally sustainable projects – hit a new record of $596.3bn in 2021, according to the Climate…
