Report says 47 percent of physical damage from pair of earthquakes impacted residential buildings.
A coordinated push towards global market diversification is urgently needed to shield savers from a potentially dangerous valuation correction in highly concentrated US equities, a former World Bank official has warned. Speaking at an event in Hong Kong on Thursday, Ian Goldin, the former World Bank vice-president, now a professor of globalisation and development at Oxford University, said the growing concentration of capital in a handful of highly valued US technology companies had left...
As debt pressures grow, African governments are reassessing the trade-offs of concessional financing.
The World Bank recently upgraded the Philippines to an upper-middle-income country, but that classification makes little difference to many Filipinos grappling with rising cost of living, debt and stagnant wages. “I laughed actually. Like, for real? Where did the data come from?” Ann Michelle Federez-Abato said of the July 1 announcement that her country’s gross national income (GNI) per capita had reached US$4,850 in 2025, surpassing the US$4,636 cut-off for upper-middle-income...
Samagra Shiksha State Project Director presented the progress of various education initiatives being implemented by the Andhra Pradesh School Education Department at a three-day workshop organised by the World Bank Group
The Wildlife Division, Ramanathapuram, has floated a Request for Proposal to appoint a consultant to prepare the DPR under the World Bank-assisted Tamil Nadu Sustainable Coastal Restoration project
Beijing has downplayed reports that the World Bank will phase out lending to China by 2031, with the Ministry of Finance noting that the nation’s advancing economy and changing development needs were shifting cooperation away from financing and towards knowledge sharing. “This is the natural result of changing domestic needs and the transformation of bilateral cooperation,” the ministry said in a statement on Wednesday, referring to the World Bank’s declining lending to China in recent...