Asia

    Discrimination, among other social and legal factors, is hampering the progress of HIV prevention and treatment initiatives for homosexual men in Asia and the Pacific, participants of a U.N.-backed forum said. The forum encouraged countries in the region to take into account the health of homosexual and transgender people in their law and law enforcement practices to curb the worsening AIDS epidemic among the group.

    The Asian Development Bank, meanwhile, advised emerging economies in Asia to remain on guard and ready to act on volatile capital inflows that may destabilize Asia’s financial markets. These economies should consider targeted capital controls, develop a flexible exchange rate regime and strengthen their financial systems, among other measures, Srinivasa Madhur said. Madhur heads ADB’s Office of Regional Economic Integration, which prepares the Asia Capital Markets Monitor reports.

    About the author

    • Ivy Mungcal

      As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.