Asia and Pacific Current Affairs - 2020

ILO-ADB Report: 41 lakh Indian Youths to lose job due to COVID-19

The International Labour Organization and the Asian Development Bank prepared a joint report on “Tackling COVID-19 Youth employment crisis in Asia and Pacific”. The report says that around 41 lkahs of Indian youth are to lose their job due to COVID-19 crisis. Highlights The report prepared jointly by the international organizations say that the major Read More…

Asia Pacific Economic Cooperation: Economic Decline of 2.7% expected in the region

The Asia Pacific Economic Cooperation has stated that the APEC region is to face an economic decline of 2.7% in 2020 due to the impact of COVID-19. Also, the region is to face near growth rate. This will be the highest decline for the region since the 2008 financial crisis. Highlights The unemployment rate according Read More…

World Bank: 11 million to enter poverty in Pacific and East Asia

On March 31, 2020, the World Bank announced that around 11 million are to enter poverty in Pacific and East Asia due to the spread of COVID-19. The virus has affected more than 780,000 and has so far killed more than 37,000. Highlights According to the World Bank, around 35 million people in Pacific and Read More…

ESIC wins ISSA GOOD Practice Award, Asia and Pacific 2018

Employees’ State Insurance Corporation (ESIC) was awarded ISSA (International Social Security Association) ISSA Good Practice Award for Administrative Solution for Coverage Extension at Regional Social Security Forum for Asia and Pacific held at Kuala Lumpur, capital Malaysia. The award was given to ESIC in recognition of its measures taken for extension of coverage Scheme for Read More…