World Bank economist notes country has moved 14 million people out of poverty since independence

KUALA LUMPUR, April 25 — The World Bank has projected Malaysia's economic growth rate for this year at 3.9 per cent, citing global challenges.

By Yasmin Ramlam Selangor’s strong fundamentals will attract investors, but it must not stray from its plans, says economist. SELANGOR has recently been recognised as a high-income state by the World Bank, a significant milestone that reflects the Selangor government’s effective governance...

By Amar Shah Mohsen  SHAH ALAM, July 31 — Selangor is now officially a high-income state, according to official data from the World Bank.  Its Malaysian chapter’s lead economist Apurva Sanghi said the recently-released World Bank high-income data indicated that Selangor has met the minimum...

KUALA LUMPUR, June 30 — Malaysia's world competitiveness ranking can be enhanced through a targeted approach to developing workforce talent and education to achieve a high level of performance, thereby boosting economic growth and improving per capita income.

KUALA LUMPUR, Oct 2 — Malaysia’s economic growth is expected to moderate to 3.9 per cent in 2023 from an earlier projection of 4.3 per cent in April this year, amid a substantial deceleration of external demand, according to the World Bank today.

KUALA LUMPUR, Sept 27 — The World Bank has revised upward its gross domestic product (GDP) growth forecast for Malaysia to 6.4 per cent in 2022 against 5.5 per cent projected earlier on the back of heightened economic activity in the first half of the year (1H22).

KOTA KINABALU, June 13 — Banning exports is not the answer to consumer goods price hike in Malaysia and it must not be seen as a long-term action to resolve the problem, said World Bank Group lead economist Dr Apurva Sanghi.