World Bank

Currencies

Southeast Asia faces more currency risk, says World Bank

(Oct 5): Malaysia, and to a lesser degree Indonesia, Thailand and the Philippines, remain more exposed to exchange rate risk than other developing economies in East Asia and the Pacific as global financial conditions tighten, the World Bank said.

Global Markets

World Bank raises 2017, 2018 East Asia growth forecasts, sees geopolitical risks

SINGAPORE (Oct 4): The World Bank raised its economic growth forecasts for developing East Asia and Pacific for this year and 2018, but added the generally positive outlook was clouded by risks such as rising trade protectionism and geopolitical tensions.

China's answer to the World Bank pledges to do more by itself

(June 19): The Asian Infrastructure Investment Bank (AIIB) pledged to embark on more projects as the sole lender, as it boosts its membership and manages an investment pipeline of up to US$7 billion ($9.7 billion).

Global Economy

World Bank says trade & manufacturing to boost 2017 global growth

WASHINGTON (June 5): The World Bank on Sunday maintained its forecast that global growth will improve to 2.7% this year, citing a pickup in manufacturing and trade, improved market confidence and a recovery in commodity prices.

SGX, World Bank launch education partnership on bonds investment

SINGAPORE (April 3): Singapore Exchange (SGX) and the World Bank on Monday announced an education partnership to raise investor awareness for bonds that achieve a positive social impact.

SGX, World Bank launch education partnership on investment in sustainable development bonds

SINGAPORE (April 3): Singapore Exchange (SGX) and the World Bank on Monday announced an education partnership to raise investor awareness for bonds that achieve a positive social impact.
Auckland

New Zealand dethrones Singapore as easiest place to do business

WASHINGTON (Oct 26): New Zealand has overtaken Singapore as the best country in the world to do business, according to the World Bank.

Commodities

World Bank boosts 2017 crude oil forecast to US$55 per barrel

NEW YORK (Oct 21): The World Bank raised its crude oil price forecast for 2017 to US$55 ($76.5) a barrel on Thursday from US$53 a barrel, as it expects an output agreement among the Organisation of the Petroleum Exporting Countries (Opec) to help trim exc
World Bank

IE Singapore partners World Bank to increase project participation in local companies

SINGAPORE (June 29): International Enterprise Singapore has co-hosted an outreach workshop with the World Bank to give Singapore companies an overview of the procurement process for World Bank-funded projects.
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