By Reuters and published by CNA ECONOMIC growth in conflict-torn Myanmar will be around 1 percent for the 2024-2025 fiscal year, the World Bank said today (June 12), as escalating violence, labour shortages and a depreciating currency make it harder to do business. In December, the World Bank had projected Myanmar’s economy would grow
Tag: WorldBank
World Bank cuts Thai GDP growth outlook to 2.8% this year
By Reuters and published by CNA THAILAND’S economic growth is expected at 2.8 percent this year before accelerating to 3.0 percent in 2025, the World Bank said today (Apr. 1). The growth outlook for 2024 and 2025 was reduced from 3.2 percent and 3.1 percent respectively, as forecast in December. Southeast Asia’s second-largest economy
Read moreWorld Bank lowers Thailand’s economic outlook to 2.2%
THE World Bank has lowered its outlook on Thailand’s economic growth this year to 2.2%, while the country’s export sector is expected to grow at 7.3%, NNT said yesterday (July 15). In the Thailand Economic Monitor ‘The Road to Recovery’ released yesterday, the World Bank adjusted its outlook on Thailand’s economic growth this year to
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