Every BriefAsia story tagged World Bank, newest first.
A sweeping review of public works projects has frozen capital formation for three straight quarters, pulling GDP growth to its slowest pace in years
The multilateral lender will cap remaining loans at $2 billion over five years, closing a 45-year chapter as Beijing shifts from borrower to technical partner
World Bank threshold of $14,375 GNI per capita leaves most ASEAN members in middle-income category despite decades of growth
Reclassification to upper-middle-income status brings new competitive pressures as infrastructure and governance gaps persist
Philippines has three years to approve priority infrastructure and social projects as upper-middle-income status triggers gradual loss of concessional financing
The World Bank's July 1 reclassification marks the country's first income bracket upgrade since 1987, but economists warn the milestone masks persistent wage stagnation and looming aid cuts.
