Development Banks

From Russia, with very little love

For all its new-found wealth, has the Russian bear suddenly become cornered by a volatile oil market and a damaged economy? RUSSIAN business is fighting...
Toy Soldier in Middle East

Tepid growth forecast in World Bank’s 2020 report

THE WORLD Bank forecasts a slight increase in global economic growth for 2020. But the operative word is “slight”: the bank’s prediction is for expansion...
coronavirus, masks

World Bank commits £9.4bn aid to help poor countries fight virus

THE WORLD Bank has committed $12bn (£9.4bn) to help developing countries cope with the spread of coronavirus. The aid package includes technical assistance as well...
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World Bank believes e-commerce brings tangible rewards in China

E-COMMERCE can flourish in developing countries and in rural areas to create employment opportunities, according to research released by the World Bank and the...
Beach Dominican Republic

World Bank Supports the Dominican Republic to Better Prepare for Hurricanes...

First contingency line of credit in the Caribbean to secure access to US$150 million immediate financing in the aftermath of a disaster WASHINGTON, September 28,...
egypt nile aerial view

Jewel of the Nile loses its sparkle

Fears for a forsaken Egypt as Africa’s fourth largest economy mirrors a Greek tragedy, threatening trade and jeopardising foreign investment By Darren Parkin NERVOUS investors are...

Wall Street’s Second Act

Now is the time to get rich. The volume of money idling on the side lines for lack of yield now stands at an...
Bangkok city skyline

Economic Growth in Thailand Gains Momentum, Forecast Rise to 3.5% for...

Digital economy has great potential to create new opportunities BANGKOK, August 24, 2017 – Economic growth in Thailand is gaining momentum, with global growth and a...
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World Bank Visits Slavonia to Identify Growth Constraints

Zagreb, September 7-9, 2017– A World Bank team, led by the new Country Manager, Elisabetta Capannelli is undertaking a visit to Slavonia to discuss...
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Better Global Prospects Yield Favorable Outlook for Developing East Asia Pacific

Projected growth of 6.4 percent provides more space to address longer-term challenges Bangkok, October 4, 2017: Improved global growth prospects and continued strong domestic demand...