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World sees first increase in extreme poverty in 20 years: UN report

World sees first increase in extreme poverty in 20 years: UN report

The report highlights urgent need to reform international development finance to better support country-level responses to global crises.
Fri Oct 18 2024
Over 330 million children worldwide living in extreme poverty: UN

Over 330 million children worldwide living in extreme poverty: UN

One in every six children is forced to survive on less than US$2.15 a day, according to a new report from the UNICEF.
Thu Sep 14 2023
Programmes tackling extreme poverty reach nearly 92 million people

Programmes tackling extreme poverty reach nearly 92 million people

Currently, an estimated 700 million people live in extreme poverty, meaning surviving on less than US$1.90 a day.
Wed Jan 27 2021
Coronavirus may push 150 million people into extreme poverty - World Bank

Coronavirus may push 150 million people into extreme poverty - World Bank

The World Bank said on Wednesday that the coronavirus pandemic could push as many as 150 million people into extreme poverty by the end of 2021.
Thu Oct 08 2020
World prosperity has not been shared by all: UN chief

World prosperity has not been shared by all: UN chief

Ban notes inequalities, extreme poverty, unemployment, social exclusion and environmental degradation continue to be prominent features of societies around the world.
Wed Dec 21 2016
Pop stars, world leaders rally to end poverty

Pop stars, world leaders rally to end poverty

Some of the biggest names in music and politics from Beyonce to European prime ministers rallied Saturday in a concert aimed at mobilizing action to eradicate extreme poverty.
Sun Sep 27 2015
Immediate allocation of RM150 mln for local authorities, DID to tackle flash floods

Immediate allocation of RM150 mln for local authorities, DID to tackle flash floods

Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Fri Oct 18 2024
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
Fri Oct 18 2024
Minimum wage to increase to RM1,700 effective Feb 1, 2025

Minimum wage to increase to RM1,700 effective Feb 1, 2025

The Progressive Wage Policy would be fully enforced next year with an allocation of RM200 million, benefiting 50,000 workers.
Fri Oct 18 2024
Bursa Malaysia ends higher on Budget 2025 optimism

Bursa Malaysia ends higher on Budget 2025 optimism

The benchmark index, which opened 1.85 points higher at 1,643.29, moved between 1,641.71 and 1,649.31 throughout the trading session.
Fri Oct 18 2024
Five important aspects relating to people’s lives in Budget 2025 - PM

Five important aspects relating to people’s lives in Budget 2025 - PM

The focus is on driving the MADANI Economy, speeding reforms, cutting red tape, raising wages, and tackling the cost of living.
Fri Oct 18 2024
Economic outlook: Govt plans to leverage, expand existing city transit system

Economic outlook: Govt plans to leverage, expand existing city transit system

The expansion aims to provide a more efficient and reliable public transportation network, reduce congestion, and improve accessibility.
Fri Oct 18 2024
Economic outlook: Budget 2025 to lay foundation for a digital-driven economy

Economic outlook: Budget 2025 to lay foundation for a digital-driven economy

The report said Budget 2025 will entail efforts to position Kuala Lumpur as a top 20 global startup hub by 2030 through the KL20 initiative.
Fri Oct 18 2024
Economic outlook: Corruption and lack of accountability hinder economic progress

Economic outlook: Corruption and lack of accountability hinder economic progress

Special Cabinet Committee on National governance is established to curb corruption, law reforms to modernise outdate regulations, MoF said.
Fri Oct 18 2024
National Wages Consultative Council will be strengthened

National Wages Consultative Council will be strengthened

The govt will also incentivise hiring women returning from career breaks, offer job matching and improve care services facilities.
Fri Oct 18 2024
Economic outlook: Ensuring 11 years of compulsory education for all children

Economic outlook: Ensuring 11 years of compulsory education for all children

Budget 2025 will continue prioritising upskilling and retraining initiatives to equip workers with the latest skill sets necessary.
Fri Oct 18 2024