Organisation for Economic Co-operation and Development

Lower World Growth Due To Ukraine War: OECD

The Organisation for Economic Co-operation and Development (OECD) warned Wednesday that the world economy will pay a "hefty price" for Russia's invasion of Ukraine as it slashed its 2022 growth forecast and projected higher inflation.The Paris-based organisation, which represents 38 mostly developed countries, is the latest institution to predict lower gross domestic product (GDP) growth due to the conflict, which has sent food and energy prices soaring.In its latest economic o

9 June 2022
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Recycled Plastic: Important Things To Know

With less than 10 percent of the plastic used across the world recycled, according to the Organisation for Economic Co-operation and Development (OECD), here are five things to know about recycling techniques and how they are evolving.Mechanical RecyclingSorting, shredding and heating are the three stages of mechanical recycling employed in 99 percent of operations worldwide, France's IFP Energies Nouvelles institute says.After collection and sorting into polymer groups by optical equipm

26 February 2022
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South Korea On Top Again

On 11 August, the Organisation for Economic Co-operation and Development (OECD) signalled that it would be revising its 2020 real (inflation-adjusted) gross domestic product (GDP) forecast for South Korea from -1.2 percent to -0.8 percent, adding to the confidence that the country is faring better economically than any other OECD member.

19 August 2020
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Cambodia’s failing education system

In December 2018, Cambodian Senate president Say Chhum had encouraged the country’s youth to study hard in order to become future leaders. He made the comment during the opening ceremony of the Union of Youth Federations of Cambodia congress at a hotel in Phnom Penh. Chhum’s call certainly makes sense if one were to consider how young Cambodia’s population is.

4 May 2020
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Towards public transparency in ASEAN

Public transparency and accountability are cornerstones of a citizen-centric approach to governance, and while ASEAN countries show some signs of having transparent processes in place, challenges still exist.A citizen-centric approach is one where instead of the bureaucracy second-guessing citizens, they are consulted about their needs and encouraged to participate in policy planning, service designs and deliveries.According to a joint report published this week by the Asian Development Bank

14 September 2019
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Oriente: Serving ASEAN’s unbanked

With Indonesia, Philippines and Vietnam alone hosting over 10 percent of the world’s unbanked population, providing the right infrastructure to bridge this gap is key to ASEAN’s sustained growth.The unbanked and underserved form a significant part of ASEAN’s population, with research firm CB Insights recently stating that just 47 percent of adults in ASEAN had a bank account while only a third of the region’s SMEs had access to loans or lines of credit last year. The region’s financi

18 July 2019
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What will become of Cambodia’s youth?

The youth have often been pitted as Cambodia’s greatest asset especially in the face of the Fourth Industrial Revolution, also known as Industry 4.0. According to the Central Intelligence Agency’s (CIA) World Factbook, 30.8 percent of Cambodia’s population is made up of people between the ages of zero to 14 years, 17.8 percent is made up of those between 15 to 24 years, and 41.1 percent is made up of those between the ages of 25 to 54 years.

13 July 2019
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Studying is hard in Cambodia

Cambodian Senate president Say Chhum recently encouraged the country’s youth to study hard in order to become future leaders. He made the comment during the opening ceremony of the Union of Youth Federations of Cambodia congress at a hotel in Phnom Penh.Chhum’s call certainly makes sense if one were to consider how young the Cambodian population is.

1 December 2018
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Superbugs to 'kill millions' by 2050

Millions of people in Europe, North America and Australia will die from superbug infections unless countries prioritise fighting the growing threat posed by bacteria immune to most known drugs, experts predicted Wednesday. The Organisation for Economic Co-operation and Development (OECD) warned of "disastrous consequences" for public healthcare and spending unless basic hospital hygiene is boosted and unnecessary antibiotic use slashed.

11 November 2018
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