News about World Bank

PETALING JAYA (April 4): In order to pare down the current household debt-to-gross domestic production (GDP) ratio from an “unsustainable” level of 84.

KUALA LUMPUR (Feb 13): While many Malaysians are complaining that property prices have gone beyond affordability, World Bank director of urban development Dr Sameh Naguib Wahba Tadros, however, points out that homeownership is not meant for all.

KUALA LUMPUR (Feb 12): More consumer surveys should be done to collect detailed data in order to understand the true needs of affordable housing in Malaysia, said the World Bank.

  PETALING JAYA (Dec 19): The rapid rise of Malaysia’s real housing prices since 2008 could be a source of future instability, the World Bank said in a recent report.

KUALA LUMPUR (Nov 16): The conflict between the federal and state governments in terms of land ownership and administration in Malaysia can be better addressed if an integrated cadastral mapping and land registry system is introduced, says the World Bank.

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KUALA LUMPUR (Oct 18): Ninety per cent of the country's population will live in cities by 2050, according to the World Bank statistics.

KUALA LUMPUR (Aug 29): For now, Datuk Charon Wardini Mokhzani (pictured) is just glad that Khazanah Research Institute’s (KRI) study of Malaysian homes has corroborated many people’s convictions that home prices have escalated beyond affordability, to the point that the government has even come out to raise its concerns.

KUALA LUMPUR (Aug 4): The government, specifically the Deputy Minister of Finance 1 Datuk Othman Aziz, said yesterday that houses priced up to RM165,060 are considered affordable to a median Malaysian household.