Tags Posts tagged with "World Bank"

World Bank

Filipino luxury retailer confident as it prepares IPO

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SSI Group Inc., the Philippine retailer of Hermes shoes and Gucci handbags, said rising incomes will accelerate profit growth this year as it prepares...
Cambodia’s GDP per capita to hit $1,130 in 2014, says prime minister

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Cambodia's GDP per capita is expected to reach $1,130 this year, an estimated increase of 8 per cent from $1,043 last year, Prime Minister...
Myanmar could get first credit rating

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Myanmar is in early-stage talks to get its first credit rating, people familiar with the matter said, paving the way for an eventual debut...
World Bank approves $500m loan for Vietnam’s electrical grid

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The World Bank has approved a loan of $500 million to the Vietnamese government to improve the capacity and efficiency of electrical transmission to...
Vietnam urged to relax restrictions on foreign property investment

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Singapore developers and investors are urging Vietnam to open up its real estate sector more to foreign investment, but there is still some resistance...
Vietnam needs $500b for infrastructure in 10 years, says ministry

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Vietnam needs $500 billion for its infrastructure development in the next 10 years, a senior official at the Ministry of Planning and Investment has...
Internet in the Philippines slowest in ASEAN

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The Philippines has the slowest average Internet broadband speed in the Association of Southeast Asian Nations (ASEAN), according to the crowd-sourced Net Index rankings...
Thailand to help launch investment bank for Asia

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Thailand has been invited by China to become one of the founding fathers of the Asian Infrastructure Investment Bank (AIIB), which is supported by...
Vietnam has 110 super-rich, World Bank says

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The World Bank estimated that Vietnam was home to 110 super-rich citizens in 2013, meaning individuals with assets of $30 million or more excluding...
Business optimism on the rise in Vietnam

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According to the World Bank, new reforms for employing workers, increasing access to credit and investor protection measures have made it easier to do...
Vietnam GDP grows 5.18% in first two quarters

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Vietnam's economic growth picked up in the first half of the year, official figures showed on June 28, indicating the effects of anti-Chinese riots...
Malaysia to see 5.4% GDP growth this year

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Malaysia is expected to register real gross domestic product (GDP) growth of 5.4 per cent this year, according to World Bank's Malaysia Economic Monitor:...
Vietnam GDP growth accelerates after dong devaluation

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Vietnam's economic growth quickened in the second quarter as the outlook for exports improved after the dong was devalued for the first time in...
Middle East needs SME lending initiatives, says IMF

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Micro, small and medium enterprises (MSMEs) in the Middle East and North Africa present a large, untapped market for financial institutions willing to help...
Indonesia 10th largest economy globally: World Bank

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Indonesia has the 10th largest economy in the world with the country contributing 2.3 per cent of global economic output; according to a recent...
World Bank grants $390m loan to help reduce poverty in Vietnam

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Vietnam’s central bank and the World Bank have signed a loan agreement worth $390 million to support three projects across the country, including reforms...
Dubai Land Department receives two major awards at Ideas Arabia

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The Dubai Land Department (DLD) has scooped two prestigious awards at Ideas Arabia–Idea of the Year Competition, a major competition held under the patronage...
ADB warns Thailand to change politics, address debt

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The Asian Development Bank (ADB) has suggested that once Thailand has a permanent government in place, it should drop its populist policies as a...