Welcome!
World Bank
Global Economy
Towards people-centred growth
SINGAPORE (July 1): Growth is decelerating in Europe, the US, China, Japan and other leading economies, as the International Monetary Fund and World Bank recently highlighted by revising their global forecasts for this year substantially downward. At the
July 03, 2019
Global Economy
Towards people-centred growth
SINGAPORE (July 1): Growth is decelerating in Europe, the US, China, Japan and other leading economies, as the International Monetary Fund and World Bank recently highlighted by revising their global forecasts for this year substantially downward. At the
June 28, 2019
In print this week
New World Bank boss vows to keep climate goals, evolve China relationship
SINGAPORE (Apr 15): New World Bank president David Malpass said on April 9 that he will not alter the lender’s commitment to fight climate change, but pledged to step up its anti-poverty mission and to evolve the bank’s relationship with China.
April 15, 2019
Singapore economy
Singapore one of top 3 places in the world to do business: World Bank
(Nov 1): China is closing the gap with its chief economic rival the US as a hassle-free place to do business.
November 01, 2018
US-China trade war
WTO, IMF, World Bank seek ‘urgent' international trade reforms
(Oct 1): The World Trade Organization, International Monetary Fund and World Bank issued an emergency call to reform the multilateral trading system as the US retreats from prior agreements.
October 01, 2018
Global Economy
5 things Nouriel Roubini has to say about the global trade outlook
SINGAPORE (July 6): In the words of Nouriel Roubini, everybody loses in a trade war.
July 06, 2018
Global Economy
World Bank raises East Asia's 2018 GDP outlook, but wary of trade war
(Apr 12): The World Bank raised its growth forecast for East Asia and the Pacific for 2018, but warned that a possible US-China trade war could harm growth in countries that are part of the Chinese goods supply chain.
April 12, 2018
Startups, Entrepreneurs, Digital economy
Singapore ranks best country for startups in Southeast Asia
SINGAPORE (Mar 13): Singapore has been ranked the best country for startups, according to a study conducted by Value Penguin.
March 13, 2018
Cryptocurrencies are like Ponzi schemes: World Bank chief
(Feb 8): The head of the World Bank compared cryptocurrencies to “Ponzi schemes,” the latest financial voice to raise questions about the legitimacy of digital currencies such as Bitcoin.
February 08, 2018
China Focus
China’s central bank chief warns of high corporate debt
NEW YORK/HONG KONG (Oct 16): People’s Bank of China Governor Zhou Xiaochuan warned that Chinese companies have taken on too much debt, and argued for less financial leverage as well as fiscal reforms to constrain local government borrowing.
October 16, 2017