Sarah ChenGeneral
Pakistan Plans Uniform Gas Tariff to End Cross Subsidies
A shift away from slab tariffs follows pressure from the International Monetary Fund to recover true supply costs across commercial and residential sectors.
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World Bank
Every story tagged World Bank on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.
Stories tagged World Bank
12 stories in this topic
Wei ZhangGeneral
World Bank Projects 5.8% GDP Growth for Vietnam by 2025
Vietnam’s Economic Landscape: Navigating Global Trade Shifts and Strengthening Growth Prospects As a trade-dependent economy, Vietnam is significantly influenced by evolving global trade policies. Currently, the U.S. is Vietnam’s largest export market,…
Minjun ParkFinance
World Bank lowers Vietnam growth forecast to 5.3 pct
The World Bank has cut its growth forecast for Vietnam this year to 5.3 percent, due to surging Covid-19 infection in Q1 and economic slowdown in its major export markets. This has been the second time the bank lowers its 2022 projection for the country. Last…
Rajiv MenonLiving
Vietnam electricity prices go up again after two years
Vietnam’s power prices went up 8.36 percent Wednesday after remaining unchanged for two years. A senior official of the Ministry of Industry and Trade told that prices have gone up from VND1,720 (7.4 cents) per kWh to VND1,864 (8 cents), exclusive of VAT. The…
Minjun ParkFinance
Vietnam to remain a fast growing Asian economy
With a 2019 GDP growth of 6.9 percent, Vietnam will remain one of the fastest growing economies in Asia. “We remain positive on Vietnam’s medium-term growth on strong manufacturing activity as FDI inflows to electronics manufacturing remain strong,” says…
Minjun ParkFinance
World Bank sees slower global economic growth of 2.9% this year
The growth of the global economy is expected to slow to 2.9% in 2019 compared with 3% in 2018, the World Bank said on Tuesday, citing elevated trade tensions and international trade moderation. “At the beginning of 2018 the global economy was firing on all…
Wei ZhangFinance
World Bank cuts Malaysia’s 2018 GDP growth forecast again
The World Bank has again revised downward its projection for Malaysia’s 2018 gross domestic product (GDP) growth to 4.7% from 4.9% after taking into account factors such the rigorous rationalisation of expenditure by the government and slowdown in private and…
Rajiv MenonGeneral
World Bank raises 2018 growth forecast for Vietnam
Vietnam’s economy might expand by 6.8 percent this year, the World Bank (WB) says in a new report, revising upwards its previous forecast of 6.5 percent in April. It estimates GDP at 6.6 percent in 2019 and 6.5 percent in 2020. The bank explained its upward…
Minjun ParkFinance
World Bank Cuts 2018 Growth Forecast for Indonesia
The World Bank has cut its growth forecast for the Indonesian economy for this year to 5.2 percent from the 5.3 percent projected in March, amid volatile global financial conditions that have forced the central bank to tighten monetary policy. The Central…
Minjun ParkLogistics
World Bank approves loan for Indonesia`s logistics sector
The Executive Board of the World Bank has approved a US$400 million Development Policy Loan for the Indonesias Logistics Reform, which will be used to improve the countrys logistics system and connectivity. “These reforms will help Indonesia in achieving…
Wei ZhangFinance
IFC to extend $21m debt to half a dozen MFIs in Myanmar
Increasing its financing exposure in Myanmar, the International Finance Corporation – the private lending arm of the World Bank – is extending a $21-million debt facility to four to six microfinance institutions in the frontier country. IFC will extend from…
Sarah ChenE-Tailing
2C2P helps Myanmar revolution
Southeast Asia payments company 2C2P of Singapore, with its Burmese founder and CEO Aung Kyaw Moe, has taken a step to modernise Myanmar’s economy with the country’s first co-branded debit card so its citizens can shop with international merchants. The new…