19d ago
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, May 29 (Bernama) -- The World Bank Group says the effect of the West Asia conflict on global food commodity prices in 2026 and 2027 is expected to be smaller compared to the early stages of the Russia-Ukraine conflict under the baseline assumption that supply disruptions in West Asia ease by mid-year.
1m ago
KUALA LUMPUR, April 28 (Bernama) -- Cost pressures in Malaysia’s medical and health insurance/takaful (MHIT) sector are driven mainly by higher utilisation of healthcare services and misaligned incentives, rather than sharp increases in treatment prices, according to a World Bank Group report.
2m ago
KUALA LUMPUR, April 18 (Bernama) -- Countries are moving away from efficiency-driven economic models towards resilience, as rising geopolitical uncertainty reshapes the global economic landscape, including trade and investment strategies.
2m ago
KUALA LUMPUR, April 9 (Bernama) -- The World Bank Group has raised Malaysia’s economic growth forecast for 2026 to 4.4 per cent from 4.1 per cent, citing resilient domestic demand, its lead economist for Malaysia, Apurva Sanghi, said.
2m ago
KUALA LUMPUR, March 30 (Bernama) -- The World Bank Group, via its private-sector arm the International Finance Corporation (IFC), has partnered with OCI TerraSus Sdn Bhd (OCI TRS), a unit of South Korea’s OCI Holdings Company Ltd, to advance Malaysia’s participation in the global semiconductor supply chain and create jobs in the country.
5m ago
KUALA LUMPUR, Jan 13 (Bernama) -- Islamic finance has demonstrated its potential to provide innovative solutions in addressing challenges related to inclusion and climate change, said the World Bank today,
7m ago
KUALA LUMPUR, Oct 30 (Bernama) -- SIAD Americas LLC announced that SIAD has been selected to provide an air separation unit (ASU) for the Pacifico Mexinol ultra-low carbon methanol project in Sinaloa, Mexico.
7m ago
KUALA LUMPUR, Oct 21 (Bernama) -- Appian Capital Advisory Limited (Appian), the investment advisor to long-term value-focused private capital funds, has launched a critical minerals, metals and mining fund for emerging markets in partnership with International Finance Corporation (IFC), a member of the World Bank Group.
8m ago
By Siti Noor Afera Abu
KUALA LUMPUR, Oct 16 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim lauded ASEAN’s efforts to draw the interest of major institutions to ensure the success of the ASEAN Power Grid Financing Initiative (APGF).
8m ago
KUALA LUMPUR, Oct 15 (Bernama) -- The Asian Development Bank (ADB) and the World Bank Group, in partnership with ASEAN, today launched the ASEAN Power Grid (APG) Financing Initiative to support the development and integration of national power grids across the region.
1y ago
KUALA LUMPUR, June 11 (Bernama) -- Economic growth across most emerging markets and developing economies (EMDEs) is projected to slow, particularly in trade-dependent regions such as East Asia and the Pacific (EAP) and Europe and Central Asia (ECA), and to a lesser degree in South Asia (SAR), according to the World Bank Group.
1y ago
KUALA LUMPUR, June 11 (Bernama) -- Global growth is expected to weaken to 2.3 per cent in 2025, with deceleration in most economies relative to last year.