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

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

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.

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.

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.

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.

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.

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.

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.

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.
×