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Ukraine needs $524 billion to recover, rebuild after three years of war, World Bank says

Ukraine needs $524 billion to recover, rebuild after three years of war, World Bank says

The study measures damage to buildings, impact on lives, and the cost to "build back better," according to a joint statement.
Wed Feb 26 2025
More than $50 billion needed to rebuild Gaza, World Bank joint assessment says

More than $50 billion needed to rebuild Gaza, World Bank joint assessment says

Years of rebuilding work, including clearing unexploded ordinance and millions of tonnes of rubble lie ahead.
Wed Feb 19 2025
World Bank to release damage assessments for Ukraine, Gaza

World Bank to release damage assessments for Ukraine, Gaza

The Gaza report, prepared together with the UN and European Union, would provide a fuller overview of damage to the Palestinian enclave.
Tue Feb 18 2025
New look Middle East had started to draw investors... and then came Trump

New look Middle East had started to draw investors... and then came Trump

Investors are buying Israel and Lebanon bonds, betting Beirut can resolve its political, economic, and financial crises.
Tue Feb 11 2025
World Bank appoints Judith Green as country manager for Malaysia

World Bank appoints Judith Green as country manager for Malaysia

The newly created position will have Judith Green based in World Bank Group's inclusive growth and sustainable finance hub in Kuala Lumpur.
Mon Nov 25 2024
Israel-Hezbollah conflict cost Lebanon $8.5 billion, World Bank says

Israel-Hezbollah conflict cost Lebanon $8.5 billion, World Bank says

Direct physical damage in Lebanon amounts to at least $3.4 billion, the Damage and Loss Assessment conducted by the World Bank said.
Fri Nov 15 2024
IMF chief says world economy at risk of low-growth malaise, rising dissatisfaction

IMF chief says world economy at risk of low-growth malaise, rising dissatisfaction

The IMF releases new economic forecasts showing that global GDP growth will decline slightly by 20.9 to 3.1 pct from 3.2 pct this year.
Fri Oct 25 2024
DAT will accelerate Malaysia's high-income nation target - World Bank

DAT will accelerate Malaysia's high-income nation target - World Bank

World Bank has prepared a report on the integration and adoption of digital technology into agriculture, says Dr Zafer Mustafaoglu.
Mon Oct 14 2024
AWANI Tonight: World Bank upgrades M'sia GDP forecast to 4.9%

AWANI Tonight: World Bank upgrades M'sia GDP forecast to 4.9%

The World Bank has upgraded Malaysia’s economic growth forecast to 4.9% in 2024, an increase from its initial 4.3% prediction set in April.
Tue Oct 08 2024
AWANI Tonight: 8 Oct 2024

AWANI Tonight: 8 Oct 2024

#AWANITonight with @_farhanasheikh

1. World Bank upgrades M'sia GDP forecast to 4.9%
2. GISB: Selangor forms task force for victim rehabilitation

#AWANIEnglish #AWANINews
Tue Oct 08 2024
World Bank upgrades Malaysia’s GDP growth forecast to 4.9 pct in 2024

World Bank upgrades Malaysia’s GDP growth forecast to 4.9 pct in 2024

Apurva Sanghi says both domestic and external factors back the upgraded growth forecast as the global economy is doing much better.
Tue Oct 08 2024
Malaysia's official reserve assets at US$116.77bil as at end-August 2024 - BNM

Malaysia's official reserve assets at US$116.77bil as at end-August 2024 - BNM

According to Bank Negara Malaysia, projected foreign currency inflows amount to US$2.58 billion in the next 12 months.
Mon Sep 30 2024
MOH launches National Health Demand and Supply study

MOH launches National Health Demand and Supply study

The Ministry of Health (MOH) has launched phase one of the National Health Demand and Supply in collaboration with the World Bank Group.
Fri Jun 28 2024
Think City and World Bank Release Joint Policy Paper -  Rethinking Malaysian cities for sustainable development

Think City and World Bank Release Joint Policy Paper - Rethinking Malaysian cities for sustainable development

This collaborative effort aims at advocating for a spatial approach to inclusive and sustainable economic growth via Malaysian cities.
Tue Jun 18 2024
World Bank says 1.8 mil additional Ukrainians in poverty as Russia's war drags on

World Bank says 1.8 mil additional Ukrainians in poverty as Russia's war drags on

The situation would be much worse if Ukraine had not received substantial foreign budget support to pay old-age pensions and salaries.
Fri May 31 2024
PM hits out at those advising him 'not to travel too much'

PM hits out at those advising him 'not to travel too much'

PM says, Malaysia needs investment because, without it, the country cannot solve problems related to employment or create job opportunities.
Wed Feb 26 2025
North Korea's Kim calls for building modern army to brace for war

North Korea's Kim calls for building modern army to brace for war

Kim outlines tasks to refurbish facilities and intensify education, focusing on modern warfare experiences and mastering advanced weapons.
Wed Feb 26 2025
60 Malaysians rescued from job scam syndicate in Cambodia - Wisma Putra

60 Malaysians rescued from job scam syndicate in Cambodia - Wisma Putra

According to Wisma Putra, the victims will be repatriated in phases.
Wed Feb 26 2025
Palm oil's premium over soyoil to diminish in coming months, says analyst Mielke

Palm oil's premium over soyoil to diminish in coming months, says analyst Mielke

Palm oil has traded at a premium over rival oils due to supply disruptions from top producers Indonesia and Malaysia, caused by floods.
Wed Feb 26 2025
'Representatives of Islam make very noticeable contribution to unity and common strength' - Putin meets with Russian Chief Mufti Tadzhuddin

'Representatives of Islam make very noticeable contribution to unity and common strength' - Putin meets with Russian Chief Mufti Tadzhuddin

President Vladimir Putin said that Muslims made a 'very noticeable contribution' to the unity and overall strength of Russia, at a meeting with Chairman of the Russian Central Spiritual Directorate of Muslims and Chief Mufti of Russia Talgat Tadzhuddin in Moscow on Monday.
Wed Feb 26 2025
Avitan Shalom sentenced to seven years for possession of ammunition and firearms

Avitan Shalom sentenced to seven years for possession of ammunition and firearms

Avitan Shalom pleads guilty to two charges of possessing 200 rounds of ammunition and six firearms.
Wed Feb 26 2025
It's time to seize Russian assets, not just freeze them, says UK's Lammy

It's time to seize Russian assets, not just freeze them, says UK's Lammy

The move will harden Britain's position on how the West should handle bonds and other securities frozen since Russia's invasion of Ukraine.
Wed Feb 26 2025
Sudanese army plane crashes in residential area, 46 killed

Sudanese army plane crashes in residential area, 46 killed

Military sources said that the plane crash was most likely due to technical reasons.
Wed Feb 26 2025
'Go big or go home': Oscars red carpet to sparkle with bold gems and rare diamonds

'Go big or go home': Oscars red carpet to sparkle with bold gems and rare diamonds

Statement earrings and necklaces are forecast to be the rage this year.
Wed Feb 26 2025
White House takes control of the press pool covering Trump

White House takes control of the press pool covering Trump

While traditional media organisations would still be allowed to cover the president, the administration plans to change who participates.
Wed Feb 26 2025