Home Tags World Bank

Tag: World Bank

Global Eyes on Argentine’s G20 Meeting, Amid US-China Trade War

JAKARTA (TheInsiderStories) - All eyes will go to G20 meeting in Buenos Aires, Argentina on November, amid the trade tensions between the two countries. The...

World Bank Pledges US$1B Assistance for Central Sulawesi and Lombok

JAKARTA (TheInsiderStories) - The World Bank has announced funding up to US$1 billion for Indonesia to supplement relief and reconstruction efforts in the disaster-affected areas of...

Global Finance Leaders Meet in Bali Talks on Economy, Other Issues

JAKARTA (TheInsiderStories) - Starting today, global finance leaders to meet this week in Denpasar, Bali, for the Annual International Monetary Fund (IMF) and World Bank meetings....

East Asia and Pacific Growth Remains Resilient Despite Heightened Global Uncertainty

JAKARTA (TheInsiderStories) - Despite a less favorable external environment, the growth outlook for developing East Asia and Pacific (EAP) remains positive, according to the latest...

World Bank : Project Delays, Import Tax Policy Will Not Improves...

JAKARTA (TheInsiderStories) - Country Director of the World Bank Indonesia, Rodrigo Chaves rated that the government' move to postpone some infrastructure projects that bring investment and cut...

Indonesian Govt. Spends $39M on IMF-World Bank Meeting Preparation

JAKARTA (TheInsiderStories)--Indonesian government spent Rp566 billion (US$39.01 million) on the preparation of International Monetary Fund (IMF)-World Bank (WB) meeting that will be held on...

Indonesia’s Logistics Performance Remains Poor

JAKARTA (TheInsiderStories)--Indonesia jumped 17 positions in the World Bank's Logistics Performance Index (LPI) to 46th out of 168 countries in 2018 from 63rd in...

Policy Review: Indonesia Begs Loans from World Bank to Fund LRT...

JAKARTA (TheInsiderStories - The World Bank is reportedly offering the Indonesian government a loan to fund the country’s light rail transit (LRT) developments, said transportation...

Indonesia Borrows $650M from World Bank to Address Childhood Stunting

JAKARTA (TheInsiderStories)--Indonesia borrows US$650 million loans from the World Bank to tackle childhood stunting and modernize irrigation system. Indonesian President Joko Widodo on Wednesday (04/06)...

World Bank Cuts Indonesia’s Growth Forecast to 5.2%

JAKARTA (TheInsiderStories)—The World Bank revised down the projection of Indonesia's economic growth to 5.2 per cent from an initial forecast of 5.3 per cent,...

World Bank Shareholders Inject $13B Additional Capital

JAKARTA (TheInsiderStories)—The World Bank Group’s shareholders approved an additional $13 billion paid-in capital increase, which is regarded as a "historic" increase in the bank's...

World Bank Raises Growth Outlook on East Asia Pacific

JAKARTA (TheInsiderStories) - East Asia and Pacific (EAP) region's economy is expected to grow to 6.3 per cent in 2018 amid the trade tension of...

Indonesia Offers Blended Financing Scheme to Lure Investors

JAKARTA (TheInsiderStories) - The Government of Indonesia will offer blended financing scheme to lure investors in 10 major infrastructure projects in the country during...

World Bank: Indonesia Needs Bold Policies to Accelerate Economy

JAKARTA (TheInsiderStories) - Indonesia's economic outlook continues to be positive with GDP growth projected to reach an average 5.3 per cent in the period 2018-2020,...

Promoting Renewables Investment at IMF-World Bank Annual Meeting

JAKARTA (TheInsiderStories) - The Indonesian government and IFC, a member of the World Bank Group, are working together to promote the renewable energy investment in...

Political Review: Investment is the Key

JAKARTA (TheInsiderStories) - Political volatility within the next two years is unlikely to disrupt the Indonesian economy. Such optimism was shared by a number...

Global Economy to Edge Up to 3.1 percent in 2018 but...

Current Slack in Global Economy Expected to Fade WASHINGTON — The World Bank forecasts global economic growth to edge up to 3.1 percent in 2018 after...

Morning Briefs – Dec 29

JAKARTA (TheInsiderStories) – Good morning. Followings are some relevant news that might help your business decisions today: Sawit Sumbermas Net profit soars PT Sawit Sumbermas Sarana Tbk...

Economic Outlook: Multilateral Agencies Urge Growth in 2018

JAKARTA (TheInsiderStories) - As 2017 winds down, we can study how prospective investors took notice of numerous positive economic signals, which together may have...

World Bank Revises Up China Economic Growth to 6.8% in 2017

JAKARTA (TheInsiderStories—The World Bank has revised up its projection for China’s economic growth in 2017, driven by rising household incomes and improving external demand. Now...

World Bank Sees Indonesia GDP to Accelerate by 5.3% in 2018

JAKARTA (TheInsiderStories) - Indonesia economy continued to expand at a solid pace during the third quarter of 2017 helped by commodity tailwinds and stronger...

Indonesia Secures $300M from World Bank for Strengthening Fiscal Reforms

JAKARTA (TheInsiderStories) - The World Bank’s Board of Executive Directors has approved a $300 million loan that will help improve the quality of government’s...

Commodity Price Hike Boosts Confidence in Q4 Growth

JAKARTA (TheInsiderStories) - Prospective Indonesian economic growth in the fourth quarter is looking up, thanks to rising prices of commodities and improvement in the global economy, according to...

Kalla: Investment & Exports Drive Economic Growth

JAKARTA(TheInsiderStories) - Indonesian Vice President Jusuf Kalla stated that increased domestic and foreign investment, along with exports, is an important factor in boosting economic...

Daily Business Briefs — Nov 8

JAKARTA (TheInsiderStories) – Good Morning. We provide several important news items that might help your business decisions today, as follows: Bank Mandiri disburses Rp1.4 Trillion...

Indonesia EODB Jumps But Still Behind Malaysia

JAKARTA (TheInsiderStories) - Indonesia has made significant progress in its business climate as measured by the ‘Ease of Doing Business’ (EODB) global ranking for...

World Bank: Commodity Prices Likely to Rise Further in 2018

Oil prices to average $56 a barrel in 2018, up from 2017 average of $53/bbl WASHINGTON - Oil prices are forecast to rise to $56 a...

WB: Billion-Dollar Projects Fuel Spike in Private Sector Infrastructure Investment

Investors Eyeing East Asia and Renewable Energy Singapore: Multi-billion dollar projects are fueling stronger private sector investment in infrastructure projects in developing countries, which increased by...

IMF: 35 Members Pledge US$340 Billion to Reserves

JAKARTA (TheInsiderStories) - Twenty-five members of the International Monetary Fund (IMF) have reportedly committed a total of SDR243 billion (US$340 billion) in bilateral borrowed resources, at...

IMF-World Economic Outlook: The Economy is Accelerating

JAKARTA (TheInsiderStories) - The International Monetary Fund (IMF) has stated the global economy recovery is continuing at a faster pace, despite remaining challenges – particularly those...