Tags Posts tagged with "World Bank"

World Bank

North Korea Could Follow Vietnam’s “doi Moi” Example

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As Vietnam’s capital Hanoi prepares to host the second US-North Korea summit later this month, experts say North Korea may be gearing up to...
Bangkok Smog To Cause Economic Damage Of Over $200 Million

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The current severe air pollution crisis in Thailand’s capital Bangkok is expected to cost the country up to 6.6 billion baht ($207.8 million) in...
Cambodia’s economic growth to reach 7.3% this year

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Cambodia’s economy is expected to grow by 7.3 per cent this year, spurred by the robust performance of garment exports, tourism and construction, deputy...
Thailand’s weak education system a big drawback for development

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Thailand’s outdated and somewhat defunct education system is holding back a new generation from becoming productive and innovative, it turned out in the new...
Vietnam posts strong GDP growth, boosts investment abroad

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Vietnam's economy continues to show strength with an impressive 7.08 per cent growth in the first half of 2018, the highest rate since 2011....
More warnings on “overheating” Philippines economy

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Another warning has been aired that the Philippine economy, one of the fastest-growing in Asia, is in risk of overheating – just shortly after...
Thailand, Indonesia surge in Ease of Doing Business ranking

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Among ASEAN nations, Thailand and Indonesia were the ones that jumped the most in the new Ease of Doing Business 2018 ranking by the...
Despite slowdown, Philippines to lead GDP growth in SE Asia this year

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Citigroup in a new country study said it expects the Philippines to enjoy the fastest economic growth in Southeast Asia and the third-fastest growth...
$500 bíllion urgently needed to fix Indonesia’s infrastructure problem

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The World Bank, after assessing the state of Indonesia's overall infrastructure, came to the conclusion that the country needs around $500 billion in the...
Laos expects 7% GDP growth next year

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The government in Laos expects economic growth of at least seven per cent in 2018, the same level expected for 2017, according to Vientiane...
Philippine economy remains in overdrive, but warning signs appear

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A bloody anti-drug war that blurs the line between law and lawlessness and serious problems with jihadists in the south did so far not...
World Bank bashed for funding Myanmar projects linked to tycoons

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A US-based campaign group focusing on Myanmar urged the World Bank’s financing arm International Finance Corporation (IFC) to reconsider its Myanmar investments, saying its...
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...