World bank

Asian Economic Forecast 2024: Insights from the World Bank

The latest report from the World Bank paints a nuanced picture of the economic trajectory of Asian economies in 2024.…

Former Mastercard CEO Ajay Banga is chosen by Biden to lead the World Bank

US President Joe Biden chose former Mastercard CEO Ajay Banga to run the World Bank, with the expectation that the…

World Bank Lauds Indonesia’s Economic Resilience

Indonesia - The World Bank, through its report entitled Global Economic Prospect June 2022, considered Republic of Indonesia's (Ri's) economy…

Malaysia’s GDP is expected to increase by 5.5 percent this year, says World Bank

Malaysia - According to a World Bank assessment, Malaysia's economy is predicted to rise 5.5 percent this year, owing to…

Myanmar junta won’t attend ASEAN summit after being snubbed

Myanmar - Myanmar's junta on Monday (Feb 14) said it would not attend an upcoming ASEAN summit after the bloc's…

The opening of a Chinese-built railway line in Laos is being hailed as a “game changer”

Laos - Laos is scheduled to launch a US$6 billion (RM25.4 billion) railway constructed by the Chinese on Friday, despite…

Duterte Acknowledges Conciliatory Sentiment from World Bank

Surprisingly, President Duterte has acknowledged the expression of remorse of the World Bank (WB) over reports showing the lackluster showing…

Covax, an abysmal failure due to vaccine inequity, says Khairy

Minister Khairy Jamaluddin, who is the Science, Technology and Innovation Minister called for the World Bank to speak out regarding…

• Economy
• Malaysia

Containing Covid-19 should remain the top priority for Malaysia, the World Bank says

KUALA LUMPUR: The control of the Covid-19 pandemic and the security of the most vulnerable in society, while Malaysia is…

• Economy
• Philippines

Philippines government says ‘worst is over’

The Philippine economy shrank more than what was expected annually in the third quarter due to the COVID-19 pandemic, based…