WASHINGTON, Sept 16 — As central banks across the world simultaneously hike interest rates in response to inflation, the world may be edging toward a global recession in 2023, the World Bank warned Thursday.

MANILA, June 23 — The World Bank approved a US$178.1million loan on Thursday to support the Philippines' efforts in addressing malnutrition.

KOTA KINABALU, June 13 — Banning exports is not the answer to consumer goods price hike in Malaysia and it must not be seen as a long-term action to resolve the problem, said World Bank Group lead economist Dr Apurva Sanghi.

KUALA LUMPUR, June 13 — The World Bank on Monday maintained Malaysia's economic growth forecast this year at 5.5 per cent.

WASHINGTON, May 19 — The World Bank on Wednesday announced actions it plans to take as part of a comprehensive, global response to the ongoing food security crisis, with up to US$30 billion financing in existing and new projects, Xinhua reported.

COLOMBO, April 29 — Domestic debt in the form of government securities and development bonds will not be restructured as restructuring external debt is a top priority for Sri Lanka, reported Xinhua, quoting the central bank governor on Thursday.

WASHINGTON, April 5 — The developing East Asia and Pacific countries are projected to grow by 5 per cent in 2022 amid the resurgence of the Covid-19 pandemic, tighter financial conditions and the Russia-Ukraine war, reported Xinhua, quoting the World Bank on Monday.

KUALA LUMPUR, April 5 — Malaysia’s economy is expected to grow 5.5 per cent this year, driven by the recovery in domestic demand, expansion in exports, and reopening of borders, according to a World Bank report.

KUALA LUMPUR, March 24 — Malaysia needs an underlying structural economic transformation to increase productivity growth, according to the World Bank.

KUALA LUMPUR, Sept 28 — The World Bank has revised Malaysia’s economic growth projection to 3.3 per cent in 2021, down from the 4.5 per cent forecast in June.

WASHINGTON, Sept 28 — East Asia and Pacific region’s recovery has been undermined by the spread of the Covid-19 Delta variant, the World Bank said Monday, calling for a comprehensive strategy to contain Covid-19 and boost inclusive growth.

WASHINGTON, Sept 21 — Up to 70 per cent of the world population can be vaccinated against Covid-19 by the end of 2022 if the delivery of vaccine doses can be accelerated by donor nations to the countries that need them most, Sputnik reported World Bank President David Malpass as saying in an interview with CNBC.

KUALA LUMPUR, Aug 23 — Malaysia critically needs trade-based solutions to ease liquidity constraints brought by Covid-19 pandemic, said Bank Negara Malaysia (BNM) assistant governor Adnan Zaylani Mohamad Zahid.

KUALA LUMPUR, June 23 — Malaysia’s economy is projected to grow by 4.5 per cent in 2021 compared to an earlier forecast of 6.0 per cent, amid a dramatic resurgence of the Covid-19 infections beginning mid-April this year, said the World Bank.

WASHINGTON, June 2 — More than 50 countries will get approval to vaccinate against the novel coronavirus by the end of June, Sputnik reported World Bank president David Malpass telling reporters on Tuesday.

KUALA LUMPUR, March 26 — Malaysia’s gross domestic product (GDP) is projected to grow by six per cent in 2021, a more moderate pace than the previously estimated 6.7 per cent, said the World Bank.

KUALA LUMPUR, March 23 — A series of World Bank Group studies show that there are untapped opportunities for Malaysia, the Philippines and Thailand to reap environmental and economic benefits with clear and complementary interventions from the private and public sectors.

KUALA LUMPUR, March 16 — Malaysia risks falling behind in the regional competition for foreign investments due to longstanding policy and structural issues, as it comes in "striking distance" of becoming a high-income nation, the World Bank said.

KUALA LUMPUR, Jan 11 — Malaysia’s long-awaited mission to join the coveted developed nations club seems to have been further derailed.

KUALA LUMPUR, Dec 17 — Malaysia’s economic growth is likely to rebound next year on the back of an effective roll-out of the Covid-19 vaccination programme, continuous export movement, and buildup in consumption and investment.