World Bank to help tackle malnutrition in Philippines
MANILA, June 23 — The World Bank approved a US$178.1million loan on Thursday to support the Philippines’ efforts in addressing malnutrition. The Washington-based bank said...
Export ban not the answer to consumer goods price hike — Economist
KOTA KINABALU, June 13 — Banning exports is not the answer to consumer goods price hike in Malaysia and it must not be seen as...
World Bank keeps Malaysia’s economic growth forecast at 5.5 pct
KUALA LUMPUR, June 13 — The World Bank on Monday maintained Malaysia’s economic growth forecast this year at 5.5 per cent. The growth is mainly...
World Bank announces up to US$30 bln to address global food crisis
WASHINGTON, May 19 — The World Bank on Wednesday announced actions it plans to take as part of a comprehensive, global response to the ongoing...
Sri Lanka’s domestic debt will not be restructured: Central Bank governor
COLOMBO, April 29 — Domestic debt in the form of government securities and development bonds will not be restructured as restructuring external debt is a...
World Bank projects developing East Asia Pacific to grow 5 pct in 2022
WASHINGTON, April 5 — The developing East Asia and Pacific countries are projected to grow by 5 per cent in 2022 amid the resurgence of...
World Bank estimates Malaysia’s economy to grow 5.5 pct in 2022
KUALA LUMPUR, April 5 — Malaysia’s economy is expected to grow 5.5 per cent this year, driven by the recovery in domestic demand, expansion in...
Malaysia needs underlying structural economic transformation to boost productivity — World Bank
KUALA LUMPUR, March 24 — Malaysia needs an underlying structural economic transformation to increase productivity growth, according to the World Bank. East Asia and Pacific...
World Bank revises down Malaysia’s economic growth forecast to 3.3 pct in 2021
KUALA LUMPUR, Sept 28 — The World Bank has revised Malaysia’s economic growth projection to 3.3 per cent in 2021, down from the 4.5 per...
World Bank: Delta variant slowing economic growth in East Asia, Pacific
WASHINGTON, Sept 28 — East Asia and Pacific region’s recovery has been undermined by the spread of the Covid-19 Delta variant, the World Bank said...
Up to 70 pct of world population can be vaccinated against Covid-19 by 2023
WASHINGTON, Sept 21 — Up to 70 per cent of the world population can be vaccinated against Covid-19 by the end of 2022 if the...
Malaysia critically needs trade-based solutions, says BNM
KUALA LUMPUR, Aug 23 — Malaysia critically needs trade-based solutions to ease liquidity constraints brought by Covid-19 pandemic, said Bank Negara Malaysia (BNM) assistant governor...