Search result for: "International Monetary Fund (IMF)"

NEW YORK, U.S.-The International Monetary Fund (IMF) forecast in their latest World Economic Outlook published on Tuesday, that global growth will bottom out at 2.8 percent this year before rising modestly to around three percent in 2024, representing a 0.1 per cent fall on its January projections.

MICHIGAN, U.S.-The celebration of the beginning of the New Year will be brief. The old year has passed into history, but its crises persist and will intensify. As 2023 begins, the COVID-19 pandemic is entering its fourth year with no end in sight. The US-NATO war against Russia continues to escalate. 

HONG KONG, China--President Ranil Wickremesinghe is confident a multi-billion-dollar bailout by the International Monetary Fund (IMF) will enable Sri Lanka to have a functioning economy by 2024 but that’s cold comfort and a long way off for the millions of people left stranded with few prospects.

KUALA LUMPUR, Malaysia--Prime Minister Ismail Sabri Yaakob announced last Saturday that a new minimum wage policy will come into effect on 1 May, whereby the minimum wage will be increased to RM1,500. 

NEW YORK, U.S.--The U.S. Energy Information Administration (EIA) says in its latest short-term energy outlook (pdf) that coal inventories in the electric power industry reached 93.7 million tons as of December 2021—an increase since September, when stockpiles hit a historic low not seen since the Carter administration.

BANGKOK, Thailand--At the 2020 World Economic Forum (WEF), a number of proponents led by The Prince Charles, Kristalina Georgieva, managing director of the International Monetary Fund (IMF), and Klaus Schwab, founder and CEO of the WEF unveiled a series of economic, environmental, and social arguments, which they termed The Great Reset.

NEW YORK, U.S.--Arguing that the world “cannot defeat a pandemic in an uncoordinated way”, the UN Secretary-General said on Thursday that countries “must take concrete action in the coming days” to vaccinate 40 per cent of the world’s population by the end of the year.  

KUALA LUMPUR, Malaysia--In July 2021, the Financial Action Task Force (FATF) published a 66-page paper on Money Laundering from Environmental Crime. The report compiled case studies and best practices submitted by over 40 countries, as well as inputs from international organisations like the International Monetary Fund (IMF), Organisation for Economic Co-operation and Development (OECD) and World Bank Group.

KUALA LUMPUR, Malaysia--As we hit over 6,000 cases today, more and more are calling for the government to put into effect a full lockdown like what we saw last year during MCO 1.0. But how effective was MCO 1.0? If we refer to the figures released by the Ministry of Health, both MCO 1.0 and the loose MCO 2.0 have managed to reduce COVID-19 cases significantly.

KUALA LUMPUR (April 13)--As the COVID-19 pandemic drags on, Vietnam has emerged as Asia’s shining star, turning in one of the best economic performances in 2020 even as economies worldwide are struggling with sluggish growth and uncertainty.