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World Bank to spread S'pore success globally
Fri, Dec 19, 2008
The Straits Times

By Robin Chan & Fiona Chan

THE efficient e-government services or the neatly planned roads and buildings Singapore calls its own could become a benchmark for other cities across the world.

Under a Memorandum of Understanding (MOU) signed with the World Bank at the Foreign Ministry yesterday, public servants here will be roped in to advise countries struggling with urban problems like water management and overcrowding.

Nine bodies will be involved, including the Economic Development Board, the National Environment Agency, the Public Utilities Board and the Urban Redevelopment Authority as well as the Lee Kuan Yew School of Public Policy.

First half of next year will be rough for Asia, warns Zoellick

By Fiona Chan

WORLD Bank president Robert Zoellick has warned that the global economic slowdown will weigh on Asia well into the first half of next year.

'I'm afraid that the first six months of 2009 are going to be a problem worldwide, including in Asia and South-east Asia,' said Mr Zoellick yesterday.

'This is a region that has gained enormously from international trade, and it will feel some of the dangers from the slowdown and actual decline that we're now forecasting in international trade for next year.'


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