Korea Republic Of Tender and Business News

APEC Develops Policies to Help Diversify Asia-Pacific Workforce

The APEC member economies just completed a major planning effort to look at how to enhance economic empowerment for women across the region. It is part of a broader move to secure workforces and growth as major new forces shift the nature of the Asia-Pacific business landscape.

Planning Begins for 2018 African Development Fund and AfDB Summit in Korea

The African Development Bank Group (AfDB) and the government of South Korea have officially begun planning preparations for the 53rd Annual Meetings of the Board of Governors of the AfDB and the 44th Meetings of the Borad of Governors of the African Development Fund (ADF), scheduled for May 2018.

Mongolia's Rapid Economic Growth Creates Major Coal-Fired Plant Pollution

Mongolia's economic growth rate of 5.3 percent has been the envy of many other economies. Its accomplishment unfortunately happened with coal being the primary source of energy and the country has suffered major environmental degradation as a result. A recent summit held in its capital sought ways to climb out of its pollution problems.

APEC Locks Down Illegal Timber Trade

APEC is working on a plan to enhance customs checks throughout the member countries, with the goal of potentially slowing the flow of illegal lumber and wood products shipped within the community.

APEC Moves to Simplify Food Export Regulations

APEC has launched work on a major simplification of food export documentation in the region. Now it is so complex that a single producer of frozen processed foods such as lasagna may need to submit over 200 pages of certification paperwork per shipment to export their product.

Asian Development Bank Signs Climate Fund Delivery Agreement

The Asian Development Bank (ADB) and the Green Climate Fund (GCF) signed an Accreditation Master Agreement (AMA) on August 17 that will allow ADB to access and administer GCF funds and scale up the bank’s climate financing to its developing member countries.

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