Tags Posts tagged with "World Bank"

World Bank

Dubai charity supports 35,000 school children in Laos

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Dubai Cares, a philanthropic organisation working to improve children's access to quality primary education in developing countries, launched a new programme in Laos that...
Huge city development kicked off in Yangon

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A $700-million urban development project saw its groundbreaking ceremony in Yangon downtown on February 17: The "Yoma Central" complex, the country's largest real estate...
Thailand: 10% still below poverty line

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More than one tenth of the Thai population is still living below the poverty line even though the country's GDP would be high enough...
Myanmar growth slowing as foreign investment drops

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The World Bank has adjusted this year's economic growth forecast for Myanmar to 6.9 per cent from previously 8 per cent. The global lender blames...
Philippines posts impressive economic growth

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The Philippine economy grew 6.6 per cent year-on-year in the fourth quarter of 2016, putting the Southeast Asian nation among the world’s fastest-growing countries...
Thailand’s economy to gather much needed pace next year

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The World Bank revised up its forecast for Thailand's economic growth by 0.1 percentage point to 3.2 per cent for next year in anticipation...
Brunei, Indonesia, Vietnam big winners in Doing Business ranking

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Brunei, Indonesia and Vietnam jumped the most among countries in the Association of Southeast Asian Nation (ASEAN) in the new Doing Business 2017 ranking...
Modest recovery seen for Thailand’s economy – despite Brexit

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Thailand's economy seems to come back on its feet again after the World Bank raised the GDP growth forecast for the country in 2016...
Vietnam, Philippines with strongest growth prospects

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The World Bank projects that Vietnam and the Philippines will grow strongest among large developing economies in East Asia over the coming years. In the...
Myanmar growth slowed in election year: World Bank

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Economic growth in Myanmar has been hampered by a more difficult economic environment in the country's fiscal year 2015-2016 (April 1 to March 31),...
Philippines joins Asian Infrastructure Investment Bank in the last minute

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The Philippines in a last-minute decision is officially joining the China-led Asian Infrastructure Investment Bank (AIIB) before the deadline by the end of this...
Inequality in Indonesia rose to record high

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Inequality in Indonesia has reached historical high, a World Bank report released in Jakarta on December 8 revealed. The country's Gini coefficient, which measures...
South Asia has world’s lowest financial literacy

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A new report released by ratings agency Standard & Poor’s and the World Bank, Standard and Poor’s Ratings Services Global Financial Literary Survey, shows...
Poverty rates in East Asia declining steadily

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The World Bank in the latest of its half-yearly East Asia and Pacific Economic Update reports released in October documents a rapid decline in...
World Bank trims East Asia growth forecast, Thailand’s worst

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The World Bank cut its 2015 and 2016 growth forecasts for developing East Asia and Pacific (EAP), saying the outlook was clouded by the...
Myanmar kyat plunges to new lows

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The general strength of the US dollar and poorly managed currency control by the Myanmar central bank has led to another plunge of the...
Water management beefed up in Thailand’s dry season

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During the hottest and driest season of the year, the massive Chao Phraya dam in central Thailand, one of the largest dams in Southeast...
oil-38-326x1591

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Net oil exporter Malaysia and commodity-rich Indonesia are the two nations to suffer most from low oil prices, while Japan will likely have the...