World Bank

(Apr 12): The World Bank raised its growth forecast for East Asia and the Pacific for 2018, but warned that a possible US-China trade war could harm growth in countries that are part of the Chinese goods supply chain.

SINGAPORE (Mar 13): Singapore has been ranked the best country for startups, according to a study conducted by Value Penguin.

(Feb 8): The head of the World Bank compared cryptocurrencies to “Ponzi schemes,” the latest financial voice to raise questions about the legitimacy of digital currencies such as Bitcoin.

NEW YORK/HONG KONG (Oct 16): People’s Bank of China Governor Zhou Xiaochuan warned that Chinese companies have taken on too much debt, and argued for less financial leverage as well as fiscal reforms to constrain local government borrowing.

(Oct 5): Malaysia, and to a lesser degree Indonesia, Thailand and the Philippines, remain more exposed to exchange rate risk than other developing economies in East Asia and the Pacific as global financial conditions tighten, the World Bank said.

SINGAPORE (Oct 4): The World Bank raised its economic growth forecasts for developing East Asia and Pacific for this year and 2018, but added the generally positive outlook was clouded by risks such as rising trade protectionism and geopolitical tensions.

(June 19): The Asian Infrastructure Investment Bank (AIIB) pledged to embark on more projects as the sole lender, as it boosts its membership and manages an investment pipeline of up to US$7 billion ($9.7 billion).

WASHINGTON (June 5): The World Bank on Sunday maintained its forecast that global growth will improve to 2.7% this year, citing a pickup in manufacturing and trade, improved market confidence and a recovery in commodity prices.

SINGAPORE (April 3): Singapore Exchange (SGX) and the World Bank on Monday announced an education partnership to raise investor awareness for bonds that achieve a positive social impact.

SINGAPORE (April 3): Singapore Exchange (SGX) and the World Bank on Monday announced an education partnership to raise investor awareness for bonds that achieve a positive social impact.