By Yasmin Ramlan KUALA LUMPUR, July 22 — More Malaysian women are leaving the workforce to become caregivers, with childcare the biggest barrier to their continued employment, revealed the World Bank’s Inclusive Employment Practices Survey. World Bank senior economist Shakira Teh Sharifuddin...

KUALA LUMPUR, April 26 — As Malaysia’s growth forecast is being revised downward in reflection of a broader global trend, Finance Minister II Datuk Seri Amir Hamzah Azizan is emphasising the importance of not being overly fixated on growth figures.

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.

WASHINGTON, April 25 — The World Bank Group yesterday projected that growth in the East Asia and Pacific (EAP) region will slow down to 4.0 per cent in 2025, compared to 5.0 per cent in 2024, according to its newly released 2025 Regional Economic Update, reported Xinhua.

KUALA LUMPUR, April 8 — The Southeast Asia bloc is engaging with investors as well as multilateral development banks (MDBs) to power up the Asean Power Grid (APG), the planned key power connection between member states.

By Yasmin Ramlan  KUALA LUMPUR, Jan 9 — Increasing workforce inclusion by integrating more women and older generations is vital for the economy, said World Bank senior economist Shakira Teh Sharifuddin.  She said there is a need to acknowledge and appreciate the skills and experiences of...

WASHINGTON, Dec 6 — Donor countries have pledged a record US$100 billion (RM441 billion) three-year replenishment of the World Bank’s fund for the poorest nations, providing a vital lifeline for their struggles against crushing debts, climate disasters, inflation and conflict.

WASHINGTON, Nov 13 — The heads of the World Bank and International Monetary Fund (IMF) yesterday said they would work with incoming United States president, Republican Donald Trump, underscoring the importance of private sector funding for developing countries hit by climate change.

WASHINGTON, Oct 16 — World Bank president Ajay Banga yesterday warned a significant widening of the Israel-Gaza war could lead to major impacts on the global economy, calling the steep loss of civilian lives in the region “unconscionable”.

VIENTIANE, Oct 9 — Asean micro, small, and medium enterprises (MSMEs) should benefit from the US$2 trillion (RM8.56 trillion) expected economic value generated from the Digital Economy Framework Agreement (Defa) by 2030.

KUALA LUMPUR, Oct 8 — The World Bank Group has upgraded Malaysia’s economic growth forecast to 4.9 per cent in 2024 from its initial 4.3 per cent forecast set in April, said Apurva Sanghi, its lead economist for Malaysia.

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, July 2 — The Federal government will ensure that the sale of carbon credits abroad does not undermine Malaysia's achievement of its nationally determined contribution (NDC) targets, the Dewan Rakyat was told today.

KUALA LUMPUR, July 1 — The World Bank has appointed Zafer Mustafaoglu as its country director for the Philippines, Malaysia and Brunei, effective today.

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.

WASHINGTON, June 12 — The World Bank has said the United States' (US) economy's stronger-than-expected performance has prompted it to lift its 2024 global growth outlook slightly.

WASHINGTON DC, June 12 — Economic growth in conflict-torn Myanmar will be around 1 per cent for the 2024-2025 fiscal year, the World Bank said today, as escalating violence, labour shortages and a depreciating currency make it harder to do business.

KUALA LUMPUR, June 12 — The ‘Business Ready’ (B-Ready) indicator by the World Bank is an assessment that the country should prioritise by introducing several new approaches and methods, says Prime Minister Datuk Seri Anwar Ibrahim.

PUTRAJAYA, June 6 — The Health Ministry (MOH) is currently reviewing existing practices, including excessively prolonged on-call duties, to relieve workload burdens and address the extreme fatigue among frontline hospital staff.

BALI, May 21 — Deputy Prime Minister and Energy Transition and Water Transformation Minister Datuk Seri Fadillah Yusof said he had bilateral talks with the World Bank and the United Nations Economic Commission for Europe (UNECE) on various countries’ water-related challenges, management experience, and financial models.