World Bank says Thai interest rates appropriate, neutral
THAILAND’S interest rate levels are appropriate for the current situation and are neutral, the World Bank said on Wednesday (Mar 6) at...
Pacific Islands face challenges as growth slows, says World Bank
GROWTH in Pacific Island economies slowed last year to 5.5 per cent, with tourism and remittances from overseas workers recovering in some...
Closing gender gap could lift global GDP more than 20%: World Bank
ENDING discriminatory laws and practices that prevent women from working or starting businesses could raise global gross domestic product by more than...
World Bank warns emerging economies need to grow 'much faster' to repay debt
THE World Bank warned that high borrowing costs have “changed dramatically” the need for developing nations to boost sluggish economic growth.
IMF, World Bank warn Gaza war, Red Sea attacks imperil global economy
THE IMF and World Bank warned on Monday (Feb 12) that the Gaza war and the related attacks on shipping though the...
World Bank forecasts 2024 global growth to slow for third consecutive year
THE World Bank warned on Tuesday (Jan 9) that global growth in 2024 is set to slow for a third year in...
World Bank releases US$250 million to boost Sri Lanka reforms
THE World Bank said on Wednesday (Dec 20) it had released US$250 million to support bankrupt Sri Lanka’s tough economic reforms following...
World Bank cuts Thai growth outlook to 2.5% this year, 3.2% next year
THAILAND’S economic growth is expected at 2.5 per cent this year before accelerating to 3.2 per cent in 2024, supported by a...
Thai economy on strong footing despite recent stock selloff, says minister
THAILAND’S economic stability remains strong despite a recent selloff on its stock market, a deputy finance minister said on Thursday (Dec 14)...
Developing countries spent record US$443.5 billion to service public debts in 2022
DEVELOPING countries spent nearly half a trillion dollars to service their external public and publicly guaranteed debt in 2022, draining funds from...