News published on Globe Banner in October 2025

News from October 2025


UOB partners with DBS and ABC Impact on $110M sustainability-linked loan

ABC Impact, an impact investment firm supported by Temasek, has partnered with DBS and United Overseas Bank (UOB) to launch a sustainability-linked subscription loan facility.


Report urges UK planners to integrate faith groups into new town developments

Researchers from the Cambridge Interfaith Research Forum and Goldsmiths, University of London have called for faith and belief communities to be recognized as key partners in the planning of new towns across Britain.


FSB Chair warns incomplete reform leaves global financial system exposed

Incomplete implementation of financial reforms continues to expose the global financial system to potential shocks, according to Andrew Bailey, Chair of the Financial Stability Board (FSB).


Allianz reports financial results for 2024 with focus on sustainability

The Allianz Group operates as a global insurer and asset manager, providing services to both private individuals and businesses in almost 70 countries.


U.S. Consulate General warns Americans of major protest in Amsterdam on October 5

A large protest is expected to take place in Amsterdam on October 5, organized by civil society groups in response to the Dutch government’s actions regarding events in Gaza.


World Bank urges action as climate change threatens Thailand’s economic progress

Thailand faces significant economic and social risks from climate change, according to a new Country Climate and Development Report.


Malaysia’s push for GovTech requires reforms in platforms, policies, people & participation

Digital transformation is increasingly central to the modernization of governments, with the aim of making public services more efficient and accessible.


WTO discusses recognition of professional qualifications and addresses services trade concerns

WTO members met on 2 and 3 October to discuss the recognition of professional qualifications (RPQs) for service providers and other issues related to services trade.


Investors show rising interest in Germany’s security and defence sector

A recent survey by KfW Research and the German Private Equity and Venture Capital Association indicates that 30 percent of investors in Germany have already invested in companies within the security and defence sector.


UBS hosts roundtable with George Russell for aspiring F1 drivers in Singapore

UBS organized a roundtable event in Singapore on October 1, 2025, aimed at supporting young aspiring Formula 1 drivers.


University supports Eager Explorers initiative bringing science outreach to Abbey Ward

In Cambridge, the Eager Explorers event is working to make science more accessible to residents of Abbey Ward.


Sarawak signs agreement with World Bank to reform state-owned enterprise governance

Sarawak has entered into a three-year agreement with the World Bank and Malaysia’s Federal Government to improve governance in State-Owned Enterprises (SOEs) and public financial management.


Toyota Financial Services announces new executive appointments

Toyota Financial Services (TFS) has announced a series of executive changes intended to support the company’s strategic direction and leadership continuity.


Siemens eMobility launches SICHARGE Flex EV charger for megawatt applications

Siemens eMobility has introduced SICHARGE Flex, a new electric vehicle (EV) charging system designed for the megawatt era.


UOB Heartbeat Run raises S$3.1 million for charities across Asia

About 24,000 participants joined the annual UOB Heartbeat Run across several Asian markets, raising S$3.1 million for children and families supported by 25 charities worldwide.


WTO members discuss plastics pollution measures and highlight new support initiatives at MC14

Representatives from China and Australia, acting as co-coordinators of the Dialogue on Plastics Pollution (DPP) along with Barbados, Ecuador, Fiji, and Morocco, presented five draft documents proposed for consideration at the 14th WTO Ministerial...


FSB advises authorities on improving AI risk monitoring in finance

The Financial Stability Board (FSB) has released a report offering guidance to authorities on monitoring the adoption of artificial intelligence (AI) in the financial sector.


U.S. Embassy Sarajevo issues notice on EU entry/exit system rollout for travelers

The U.S. Embassy in Sarajevo has issued a notice regarding the European Union’s new Entry/Exit System (EES), which will begin implementation on October 12, 2025.


World Bank publishes five-volume report on desalination governance and economics

The World Bank has released a new report addressing the growing issue of water scarcity, which is being made worse by factors such as increasing population, changing rainfall patterns, and heightened water stress.


World Bank launches incentive framework supporting cross-border solutions for global challenges

The World Bank introduced its Framework for Financial Incentives (FFI) in February 2025, offering middle-income countries benefits such as increased financing, extended repayment terms, and reduced interest rates for projects that generate...