Published: June 09, 2021
Emerging market and developing nations will continue to struggle with the Covid-19 pandemic and its aftermath even as a few major economies spur the strongest post-recession global growth in 80 years, the World Bank said.
Published: April 01, 2021
South Asia's prospect for an economic rebound is firming up as the area's growth is set to increase by 7.2 per cent in 2021 and 4.4 per cent in 2022, World Bank said in its twice-a-year-regional update today.
Published: January 20, 2021
Thailand’s economy has been severely impacted by Covid-19 and is estimated to have shrunk by 6.5 per cent in 2020, with growth projected to expand by 4.0 per cent in 2021, according to the latest World Bank Thailand Economic Monitor report “Restoring Incomes, Recovering Jobs” released on Wednesday.
Published: January 04, 2021
The World Bank projected that China's GDP growth will return to its pre-pandemic level by 2021, to accelerate to 7.9 percent next year from 2 percent in 2020, in response to improved consumer and business confidence and better labor market conditions, according to a report published on Wednesday.
Published: November 29, 2020
The Environment and Forestry Ministry and the World Bank signed a deal on Friday on the Forest Carbon Partnership Facility (FCPF), which provides an additional opportunity for the government to receive payments in exchange for reducing carbon emissions.
Published: September 30, 2020
WASHINGTON - Poverty in East Asia and the Pacific could increase this year for the first time in 20 years as the coronavirus pandemic keeps people in poverty and creates a class of new poor, the World Bank said on Tuesday (Sept 29).
Published: August 25, 2020
Thailand was named the best country to start a business for a second year by US News, Wuttikrai Leeveeraphan, director-general of the Commerce Ministry’s Business Development Department, said on Tuesday (August 25).