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The phrase "a highly positive development" is correct and usable in written English.
You can use it to describe a situation or event that has resulted in a beneficial or favorable outcome.
Example: "The recent advancements in renewable energy technology represent a highly positive development for the environment and the economy."
Alternatives: "a very encouraging change" or "a significantly beneficial progress."
Exact(1)
Oriel Securities, joint broker to the company, said the sale was a "highly positive development as it increases liquidity in the stock, which has been a hindrance in the past".
Similar(59)
While the introduction of imatinib, and later sutinib, as second-line treatment had a highly positive impact on GIST therapy, such developments are still to come for colorectal liver metastases.
It's likely that look will be a highly positive one in the long run.
They were categorized as highly positive if they had a highly positive troponin at any time.
Together they represent a set of extremely positive developments.
It's a hugely positive development.
"This is a clearly a positive development.
One diplomat later called it "a very positive development".
"That would be a very positive development," Mr. Zucker said.
A very positive development for the playoff hopes of Pittsburgh and San Diego.
That seems to me a quite positive development".
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com