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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.
October 05, 2017
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.
October 04, 2017
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).
June 19, 2017
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.
June 05, 2017
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.
April 03, 2017
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.
April 03, 2017
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.
October 26, 2016
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
October 21, 2016
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.
June 29, 2016