World Bank calls on Malaysia to ‘significantly expand’ social pensions amid ageing population
They define social pensions as transfers to the elderly that are financed by general government revenues – meaning…
World Bank sounds alarm as Malaysia’s retirement safety net starts to fray
Facebook Twitter LinkedIn Threads WhatsApp Telegram The World Bank warned Malaysia could face an elderly care crisis unless…
World Bank Says Pakistan’s Slow Growth Fails to Improve Living Standards
Pakistan’s economy is expanding too slowly to meaningfully improve living standards or create enough jobs for its growing…
China Vows Significant Boost to Consumption Share of Economy
China pledged to “significantly” boost the share of consumption in its economy over the next five yearsBloomberg Terminal…
China Finds Costly New Way of Boosting Xi’s Global Yuan Push
China is leveraging its position as the world’s largest creditor to help broaden usage of the yuan, offering…
China Must Set ‘Aggressive’ Consumption Goal, Stephen Roach Says
Former Morgan Stanley Asia chairman Stephen Roach said China must target consumption accounting for half of economic output…
New Jobs Are Coming — But Are Universities Ready?
As AI reshapes the global workforce, experts say universities must move faster to prepare graduates for new jobs…
Global Finance Chiefs Urged to Keep Calm as Trade War Escalates
Finance chiefs from around the world wrapped up talks this week resigned to the reality that trade tensions,…
IMF, World Bank members look at Gaza reconstruction, challenges ahead
By Andrea Shalal IMF, World Bank members look at Gaza reconstruction, challenges ahead WASHINGTON, – Top finance officials…
Data darkness in US spreads a global shadow
By Leika Kihara and Howard Schneider TOKYO/WASHINGTON (Reuters) -The U.S. government shutdown that has turned off the official…
Trump’s tariffs throw South Asia under the globalization bus
The World Bank’s latest forecast carries a tone of restrained alarm. South Asia — a region that once symbolized post-pandemic…
World Bank urges Thailand to chart new course to escape middle-income trap
Escaping the trap requires a bet on a new economy While the challenges may seem daunting, the World…