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Thursday, October 17, 2019

Tag: World Bank

World Bank estimates 26% pay hike if women get fair access...

Three-quarters of the rise would come from closing the gap in women's participation in the labour force while the rest would come from women becoming entrepreneurs.

World Bank forecasts Indonesia’s economy growing below 5%

The World Bank presentation shows a growth forecast of 4.9% for next year which is lower than current projections of 5.2%.

World Bank’s Georgieva poised to become 2nd female IMF chief

Kristalina Georgieva will replace former IMF chief Christine Lagarde, who has been named to lead the European Central Bank.

World Bank says ‘no indication’ China misused loan for Uighur schools

A media report claims the US$50 million World Bank loan to China was used to buy 'barbed wire, gas launchers, and body armour'.

Average fixed broadband speed has gone up 3-fold in 17 months

The Malaysian Communications and Multimedia Commission says the number of fixed broadband subscriptions, with speeds of more than 100 Mbps, has also grown eight times to 1.2 million subscribers.

Is our civil service really up to the mark?

No member of the public would dare or want to complain against a department or agency they are dealing with unless they have run out of options.

Civil service decline: Between evidence and perception

It is high time we confront issues pointed out by the World Bank and others about the bloated civil service and its performance, and recruitment policies.

Malaysia on track to achieve high-income status by 2024, says World...

World Bank lead economist Richard Record says Malaysia is also benefiting from trade diversion in the ongoing US-China tariffs war.

Economy to grow 4.6% in 2019, says World Bank

It says reforms to public service will help enable future growth and shared prosperity.

Reforms and transparency needed for Belt and Road success

A World Bank report recommends that information regarding planning, fiscal costs, budgeting and procurement be made more available to the public.

World Bank cuts global outlook as trade tumbles to decade low

The World Bank cut its 2019 global growth forecast, citing a slowdown in trade growth to the weakest since the financial crisis a decade ago and a drop in global investment.

World Bank sees 4.7% growth for economy in 2019

Lead economist Richard Record says the country's fundamentals are sound.

Trump considered daughter Ivanka to head World Bank

If Donald Trump would have considered Ivanka Trump to head the World Bank, he would have been accused of nepotism.

IMF and World Bank urge caution with China loans

Governments have been called by the IMF and World Bank to avoid increasing its debt which could deteriorate each country's economy.

World Bank to aid Venezuela, leadership recognition up to shareholders

The World Bank is prepared to help crisis-laden Venezuela, however David Malpass says the country's ground situation was still troublesome.

Jordan seeks US$1 bil World Bank loan to cut debt burden

Jordan, whose public debt nearly equals economic output, has been hurt by the rise in global commodity prices.

Trump’s World Bank pick echoes calls for reform from other critics

Those criticisms are similar to those expressed by others in the development community.

Darkening ‘global economic skies’ pull stocks lower

The MSCI All-Country World Index, which tracks shares in 47 countries, was 0.3% lower, putting it on course to break a six-week streak of gains.

Treasury’s Malpass aims to reform the World Bank

David Malpass is now poised to take over the helm of the World Bank, where he can put his own stamp on its policies – something that many experts say undermines the institution.

Trump said to nominate David Malpass as new World Bank chief

According to officials, the announcement will be made this week after Trump delivers his State of the Union address on Tuesday night.

Malaysia’s economic fundamentals remain strong, says World Bank

Its investment lead economist Richard Record says country's diversified income stream will strengthen economy.

Ivanka Trump to help US choose World Bank chief

Through an unwritten post-war agreement with Europe, the World Bank has always been led by an American while a European has always been in charge of the IMF.

World Bank warns brewing trade storm jeopardises global economy

Global slowdown is beginning as government and corporate debt rise.

World Bank chief’s exit could give Trump lever over development lending

Trump might want an American in the new chief post to shift influence but will face many challengers. World Bank's CEO Kristalina Georgieva will serve as interim president.