Friday, 17 March 2017 PARIS: A letter exploded when it was opened at the offices in central Paris of the International Monetary Fund (IMF) on Thursday and one person was slightly injured, police sources said. The Paris police department said on Twitter an operation was ongoing at the offices of …
Read More »Malaysia’s economy to grow 4.3% next year
Monday, 19 December 2016 KUALA LUMPUR: World Bank expects Malaysia’s economic growth to grow only slightly faster at 4.3% next year from the expected 4.2% for 2016. The outlook reflected a gradual slowdown in the growth of consumer spending and investment, as global economic growth and commodity prices remain subdued …
Read More »World Bank cancelled $100 Million loan for Pakistan’s gas project
Friday, 9 December 2016 The World Bank has cancelled a $100-million loan to Pakistan for a natural gas efficiency project, citing zero progress in achieving the objectives of a five-year development plan and no interest on the part of the gas distribution company in honoring the agreement. Back in 2012 …
Read More »Malaysia economic growth pattern higher than average
Tuesday, 6 September 2016 KUALA LUMPUR: Malaysia’s economic growth pattern is still higher than the average and will continue to be positive moving forward despite softer economic conditions regionally, says the World Bank on Tuesday. “Its growth pattern, whether down a few basis points or up, is still higher than …
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