World Bank chief hails empowerment of women in Bangladesh, recognising the country as a model in women’s progress in the world. Women participation in the country's workforce has the potential of adding 1.8% to GDP over the next decade, he says.

For the first time less than 10% of the world's population will be living in extreme poverty by the end of 2015, says World Bank.

Myanmar has set a minimum wage of 3,600 kyat ($2.80) for an eight-hour work day.

During the 1992 presidential campaign in the USA, candidate Bill Clinton's campaign adopted a very powerful short message to convey to the party faithfuls and voters that the poor performance of the US economy should be the centerpiece of any conversation to unseat the incumbent President George Bush.

Greek MPs are to vote later on whether to back PM Alexis Tsipras's tough new proposals to secure a third bailout.

For Bangladesh, moving ahead also means that it has to diversify its exports and move towards high value products.

The World Bank has removed a sharply critical portion from a recently released report on China's economy that called for reform of its financial system, saying the section had not been adequately reviewed and that its wording was inappropriate.

It is no doubt a hopeful sign for Bangladesh that it has graduated from a low income status to a lower middle income one (LMIC) according to the World Bank's classification.

The other challenge we will face is how to keep rising inequality in check and how to make basic services accessible to the poor. It will need proper policy, institutions and financing.

Bangladesh yesterday graduated from the low income status to lower middle income nation (LMIC), meeting the World Bank's requirements comfortably.

The rising crescendo of bickering and acrimony within Europe might seem to outsiders to be the inevitable result of the bitter endgame playing out between Greece and its creditors.

The World Bank estimates that every dollar invested in disaster prevention saves $4 in disaster damage. A single large disaster can cost between three to six percent of a developing country's economic output.

The World Bank approves $476 million for two projects in Bangladesh to develop a strong financial sector and to improve agricultural productivity for a million poor farmers.

Nepal earthquake may trigger major tremors in Bangladesh as the earth plates are interconnected, experts warn.

Political unrest, vulnerability in the banking sector and low investment stand in the way of higher GDP growth and economic development, the World Bank said.

A sluggish global economy, the Greek debt crisis and continuing fallout of the Ebola epidemic will take focus beginning Thursday when top finance officials gather for the World Bank and IMF Spring meetings.

GIVING up the spotlight is never easy. The United States, like many aging celebrities, is struggling to share the stage with new faces, especially

Bangladesh suffers a financial loss of around $2.2 billion in the last three months due to political turmoil, according to a World Bank report.

The World Bank today approved $200 million in interest-free credit to improve livelihoods of approximately five million poor people in the rural areas of Bangladesh

Britain said it has sought to become a founding member of the Asian Infrastructure Investment Bank, making it the first Western nation...