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NEW YORK: The World Bank lowered its global growth forecast to 2.5 percent for 2026 on Thursday, from 2.9 percent in 2025, marking the lowest rate since late 2019, Xinhua News Agency reported. The bank's semi-annual Global Economic Prospects report cited rising energy prices, higher inflation and rising borrowing costs amid the West Asian conflict as reasons for the reduction in growth projections. The report also warned that downside risks are significant. Global growth could further moderate to 2.1 percent if energy supply disruptions persist and oil prices average US$115 a barrel this year, which would push inflation to 4.4 percent. The report lowered growth forecasts for two-thirds of countries compared to the January report this year, with Gulf countries recording the largest reduction from 3.9 percent in 2025 to almost zero in 2026. South Asia is expected to record the strongest growth of any region at 6.3 percent in 2026, although that figure is down from seven percent in 2025. In addition, the report maintained a growth forecast of 2.2 percent for the United States (US) economy in 2026, although it noted that the figure could decline to 2.1 percent in 2027 and two percent in 2028. The eurozone economy is expected to grow at a rate of 0.8 percent in 2026, down from 1.4 percent in 2025. As for Japan's Gross Domestic Product (GDP), it is projected to grow by 0.7 percent in 2026 compared to 1.1 percent in 2025. The World Bank expects global growth to rebound to 2.8 percent in 2027, but that rate remains 0.4 percentage points below the average recorded in the 2010s. While risks remain tilted to the downside due to increased hostilities, commodity market disruptions and heightened geopolitical tensions, the bank stressed that policy action is critical. At the global level, the World Bank urged countries to protect energy and food security and advance the energy transition. At the domestic level, all countries were urged to control inflation, strengthen fiscal sustainability and support job creation. --BERNAMA-XINHUA

World Bank lowers 2026 global growth forecast to 2.5 percent

NEW YORK: The World Bank lowered its global growth forecast to 2.5 percent for 2026 on Thursday, from 2.9 percent in 2025, marking the lowest rate since late 2019, Xinhua News Agency reported.

The bank’s semi-annual Global Economic Prospects report cited rising energy prices, higher inflation and rising borrowing costs amid the West Asian conflict as reasons for the reduction in growth projections.

The report also warned that downside risks are significant. Global growth could further moderate to 2.1 percent if energy supply disruptions persist and oil prices average US$115 a barrel this year, which would push inflation to 4.4 percent.

The report lowered growth forecasts for two-thirds of countries compared to the January report this year, with Gulf countries recording the largest reduction from 3.9 percent in 2025 to almost zero in 2026.

South Asia is expected to record the strongest growth of any region at 6.3 percent in 2026, although that figure is down from seven percent in 2025.

In addition, the report maintained a growth forecast of 2.2 percent for the United States (US) economy in 2026, although it noted that the figure could decline to 2.1 percent in 2027 and two percent in 2028.

The eurozone economy is expected to grow at a rate of 0.8 percent in 2026, down from 1.4 percent in 2025. As for Japan’s Gross Domestic Product (GDP), it is projected to grow by 0.7 percent in 2026 compared to 1.1 percent in 2025.

The World Bank expects global growth to rebound to 2.8 percent in 2027, but that rate remains 0.4 percentage points below the average recorded in the 2010s.

While risks remain tilted to the downside due to increased hostilities, commodity market disruptions and heightened geopolitical tensions, the bank stressed that policy action is critical.

At the global level, the World Bank urged countries to protect energy and food security and advance the energy transition. At the domestic level, all countries were urged to control inflation, strengthen fiscal sustainability and support job creation.

–BERNAMA-XINHUA

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SEPANG: The operation of Light Rail Transit 3 (LRT3) which connects Shah Alam, Selangor with surrounding areas is expected to begin at the end of this month, said Transport Minister Anthony Loke Siew Fook. He said the start date of operations would be announced in two weeks and the project was currently in the final phase of trial operations. "After various tests have been carried out and trial operations have been finalised, we are confident that operations (LRT3) can commence," he told reporters after chairing the 62nd Annual General Meeting of the Road Safety Council here today. Meanwhile, Loke said the Bill (RUU) establishing the Malaysian Transport Safety Board (MTSB) will not be tabled in the Parliament session which begins next week. "MTSB has received Cabinet approval, but we are now discussing with the Public Service Department to look at staffing and so on." "This bill will be brought to the next sitting because at this sitting, there is one bill, namely the amendment to the Road Transport Act, which we are giving priority," he said. Loke said the Ministry of Transport (MOT) has also identified individuals to be appointed to the MTSB, which will be finalized in the near future. In another development, Loke said the MOT would hold discussions with e-hailing operators on the possibility of implementing additional safety measures to protect the safety of their drivers. Among the suggestions raised is the installation of dashboard cameras ( dashcams ) in e-hailing vehicles, but this needs to take into account passenger privacy concerns. "In terms of safety measures, we will discuss further with the operator to see what other actions they can take to protect drivers." "In terms of safety, drivers and passengers are equally important. So we have to ensure a balance between the two," he said. -- BERNAMA

LRT3 expected to start operating by the end of June – Loke

KUALA LUMPUR, JUNE 15 -- About 7,000 to 8,000 Rohingya were sent to third countries each year through intergovernmental cooperation, said Inspector-General of Police Tan Sri Mohd Khalid Ismail. However, he said the process has now stalled due to various constraints faced by the countries involved. He said the Rohingya ethnic issue was an international issue stemming from the political and security situation in Myanmar, causing Malaysia to accept their presence on humanitarian grounds. "Malaysia has government-to-government (G2G) cooperation with several countries that allows Rohingya refugees to be temporarily housed before being sent to third countries that need their labor or professional services. "Recently, the process of resettling Rohingyas to third countries has faced several constraints, causing their movement to the country to be halted, thus raising various issues that require the attention of all parties," he told reporters after the launch of the Fight Against Scam: Two Teams, One Goal, here, today. Mohd Khalid said that apart from that, Malaysia also took into account the humanitarian aspect in dealing with the issue, in addition to ensuring that national security continues to be maintained. "Everyone who comes to this country must follow the laws and regulations that have been set. These people are subject to our laws. If they commit an offence, we will take action just like we do against anyone else who comes to our country," he said. He said about 215,000 Rohingya are registered with the United Nations High Commission for Refugees (UNHCR) while local authorities also have their records in collaboration with the Immigration Department to facilitate monitoring. "We know where they are and what their jobs are. So if any crime occurs involving them, it will be easy for us to take action when we know their location and so on," he said. Commenting on crime trends involving the community, Mohd Khalid said the involvement of the Rohingya ethnic group in crime was low, with 89 individuals recorded as being involved in criminal cases for the period 2024 to this year, which is 0.02 percent of the overall crime statistics in the country. In this regard, he reminded the public not to make statements that could affect public safety and order, while stressing that enforcement action would be taken against any individual who violates the law regardless of nationality. The media last Saturday reported that Home Minister Datuk Seri Saifuddin Nasution Ismail said that the rate of resettlement to third countries by the UNHCR was too low for refugees, including the Rohingya, which was one of the reasons why the group remained in the midst of local communities for a long time. Meanwhile, Selangor Police Chief Datuk Shazeli Kahar said the state recorded 192 cases involving 300 arrests of Rohingya between 2025 and May 2026 involving violent and property crimes. He said the police always take consistent and continuous enforcement action and are not based on current sentiment. "The police always work closely with strategic agency partners, for example the Immigration Department and Local Authorities (PBT), we work together to exchange information and carry out integrated operations," he said at a press conference by the Selangor Commercial Crime Investigation Department, here, today. Shazeli said last year six integrated operations were carried out throughout the state of Selangor to address the issue. Commenting on the issue of demolition of illegal settlements, he said discussions on the matter were being held with the local authorities involved so that further, more constructive action could be taken in line with legal provisions. – BERNAMA

Deportation of thousands of Rohingya to third countries every year has stopped – IGP

KUALA LUMPUR, June 15 — Communications Minister and Lembah Pantai Member of Parliament Datuk Fahmi Fadzil has welcomed the successful launch of the Dengue-Free Community (KomBeD) Programme and Mega Anti-Aedes Gotong-Royong initiative, describing it as an important step towards strengthening community involvement in dengue prevention and control efforts. The programme, organised by the Lembah Pantai Health Office in collaboration with the Lembah Pantai parliamentary constituency, was held on Sunday (June 14) and brought together government agencies, strategic partners and local residents in a united effort to combat the spread of dengue fever. The event also featured the National Healthy Malaysia Agenda (ANMS) Roadshow for Lembah Pantai, aimed at promoting healthy lifestyle practices and enhancing public awareness of health-related issues within the community. Fahmi said the initiative reflects the importance of collective responsibility in maintaining a clean, safe and healthy environment, while encouraging greater public participation in efforts to eliminate Aedes mosquito breeding grounds. "Community engagement remains a key component in the fight against dengue. Through programmes such as KomBeD and the Mega Anti-Aedes Gotong-Royong, residents are empowered to take proactive measures in protecting their neighbourhoods and families from dengue outbreaks," he said. He expressed hope that the programme would serve as a catalyst for building a more aware, proactive and committed community capable of sustaining a cleaner, healthier and dengue-free environment. Fahmi also extended his appreciation to all participating agencies, strategic partners and members of the local community for their cooperation and dedication in ensuring the success of the programme. "The commitment shown by all stakeholders demonstrates that effective public health initiatives require strong collaboration between the government, community leaders and residents. Together, we can create healthier communities and reduce the threat posed by dengue," he added. -- MINUTESMY -- SOURCE: FB FAHMI FADZIL

Datuk Fahmi Commends Community Participation in Dengue-Free Community Launch and Mega Anti-Aedes Campaign

KUALA LUMPUR, June 15 — Prime Minister Datuk Seri Anwar Ibrahim today described the groundbreaking ceremony for the Bukit Kiara Permanent Housing Project as a historic milestone that reflects the MADANI Government's commitment to justice, dignity and the welfare of the people. Speaking at the ceremony, Anwar said the project marks the end of a 44-year struggle for residents of Rumah Panjang Bukit Kiara, who have lived in temporary settlements under challenging conditions while awaiting a permanent housing solution. "This is a meaningful and joyous moment, not only for the residents of Rumah Panjang Bukit Kiara, but also proof that an administration guided by MADANI values will always place justice, courtesy and the dignity of the people at the forefront," he said. The Prime Minister noted that the project represents a concrete step towards resolving a long-standing issue that has affected generations of residents and demonstrates the government's determination to ensure citizens receive their rightful access to proper housing. He said the process of addressing the matter required careful consideration and collaboration among various stakeholders to identify the best possible solution while safeguarding the interests of the affected community. Anwar also expressed appreciation to all parties involved in making the project a reality, stressing that the experience underscored the importance of respecting legislative processes and upholding the role of national institutions. "The rights and welfare of those in need must continue to be protected, with justice enjoyed by all citizens regardless of race, religion or background," he said. He added that the government's efforts to uplift the urban poor would remain a priority, in line with its commitment to ensuring that no segment of society is left behind in the nation's development agenda. According to Anwar, development must be inclusive and benefit all levels of society, as true national progress can only be achieved when every citizen is able to participate in and benefit from economic and social advancement. During the ceremony, the Prime Minister also announced a RM1 million grant to assist longhouse residents transitioning into their new homes. The allocation will be used to provide residential maintenance subsidies for a period of three years and will be managed by Kuala Lumpur City Hall (DBKL). He said the initiative forms part of the MADANI Government's ongoing commitment to preserving the welfare and quality of life of residents after they relocate to their new permanent housing units. -- MINUTESMY -- SOURCE: FB ANWAR IBRAHIM

Bukit Kiara Permanent Housing Project Ends 44-Year Wait for Longhouse Residents – PM Anwar

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SEPANG: The operation of Light Rail Transit 3 (LRT3) which connects Shah Alam, Selangor with surrounding areas is expected to begin at the end of this month, said Transport Minister Anthony Loke Siew Fook. He said the start date of operations would be announced in two weeks and the project was currently in the final phase of trial operations. "After various tests have been carried out and trial operations have been finalised, we are confident that operations (LRT3) can commence," he told reporters after chairing the 62nd Annual General Meeting of the Road Safety Council here today. Meanwhile, Loke said the Bill (RUU) establishing the Malaysian Transport Safety Board (MTSB) will not be tabled in the Parliament session which begins next week. "MTSB has received Cabinet approval, but we are now discussing with the Public Service Department to look at staffing and so on." "This bill will be brought to the next sitting because at this sitting, there is one bill, namely the amendment to the Road Transport Act, which we are giving priority," he said. Loke said the Ministry of Transport (MOT) has also identified individuals to be appointed to the MTSB, which will be finalized in the near future. In another development, Loke said the MOT would hold discussions with e-hailing operators on the possibility of implementing additional safety measures to protect the safety of their drivers. Among the suggestions raised is the installation of dashboard cameras ( dashcams ) in e-hailing vehicles, but this needs to take into account passenger privacy concerns. "In terms of safety measures, we will discuss further with the operator to see what other actions they can take to protect drivers." "In terms of safety, drivers and passengers are equally important. So we have to ensure a balance between the two," he said. -- BERNAMA

LRT3 expected to start operating by the end of June – Loke

KUALA LUMPUR, JUNE 15 -- About 7,000 to 8,000 Rohingya were sent to third countries each year through intergovernmental cooperation, said Inspector-General of Police Tan Sri Mohd Khalid Ismail. However, he said the process has now stalled due to various constraints faced by the countries involved. He said the Rohingya ethnic issue was an international issue stemming from the political and security situation in Myanmar, causing Malaysia to accept their presence on humanitarian grounds. "Malaysia has government-to-government (G2G) cooperation with several countries that allows Rohingya refugees to be temporarily housed before being sent to third countries that need their labor or professional services. "Recently, the process of resettling Rohingyas to third countries has faced several constraints, causing their movement to the country to be halted, thus raising various issues that require the attention of all parties," he told reporters after the launch of the Fight Against Scam: Two Teams, One Goal, here, today. Mohd Khalid said that apart from that, Malaysia also took into account the humanitarian aspect in dealing with the issue, in addition to ensuring that national security continues to be maintained. "Everyone who comes to this country must follow the laws and regulations that have been set. These people are subject to our laws. If they commit an offence, we will take action just like we do against anyone else who comes to our country," he said. He said about 215,000 Rohingya are registered with the United Nations High Commission for Refugees (UNHCR) while local authorities also have their records in collaboration with the Immigration Department to facilitate monitoring. "We know where they are and what their jobs are. So if any crime occurs involving them, it will be easy for us to take action when we know their location and so on," he said. Commenting on crime trends involving the community, Mohd Khalid said the involvement of the Rohingya ethnic group in crime was low, with 89 individuals recorded as being involved in criminal cases for the period 2024 to this year, which is 0.02 percent of the overall crime statistics in the country. In this regard, he reminded the public not to make statements that could affect public safety and order, while stressing that enforcement action would be taken against any individual who violates the law regardless of nationality. The media last Saturday reported that Home Minister Datuk Seri Saifuddin Nasution Ismail said that the rate of resettlement to third countries by the UNHCR was too low for refugees, including the Rohingya, which was one of the reasons why the group remained in the midst of local communities for a long time. Meanwhile, Selangor Police Chief Datuk Shazeli Kahar said the state recorded 192 cases involving 300 arrests of Rohingya between 2025 and May 2026 involving violent and property crimes. He said the police always take consistent and continuous enforcement action and are not based on current sentiment. "The police always work closely with strategic agency partners, for example the Immigration Department and Local Authorities (PBT), we work together to exchange information and carry out integrated operations," he said at a press conference by the Selangor Commercial Crime Investigation Department, here, today. Shazeli said last year six integrated operations were carried out throughout the state of Selangor to address the issue. Commenting on the issue of demolition of illegal settlements, he said discussions on the matter were being held with the local authorities involved so that further, more constructive action could be taken in line with legal provisions. – BERNAMA

Deportation of thousands of Rohingya to third countries every year has stopped – IGP

KUALA LUMPUR, June 15 — Communications Minister and Lembah Pantai Member of Parliament Datuk Fahmi Fadzil has welcomed the successful launch of the Dengue-Free Community (KomBeD) Programme and Mega Anti-Aedes Gotong-Royong initiative, describing it as an important step towards strengthening community involvement in dengue prevention and control efforts. The programme, organised by the Lembah Pantai Health Office in collaboration with the Lembah Pantai parliamentary constituency, was held on Sunday (June 14) and brought together government agencies, strategic partners and local residents in a united effort to combat the spread of dengue fever. The event also featured the National Healthy Malaysia Agenda (ANMS) Roadshow for Lembah Pantai, aimed at promoting healthy lifestyle practices and enhancing public awareness of health-related issues within the community. Fahmi said the initiative reflects the importance of collective responsibility in maintaining a clean, safe and healthy environment, while encouraging greater public participation in efforts to eliminate Aedes mosquito breeding grounds. "Community engagement remains a key component in the fight against dengue. Through programmes such as KomBeD and the Mega Anti-Aedes Gotong-Royong, residents are empowered to take proactive measures in protecting their neighbourhoods and families from dengue outbreaks," he said. He expressed hope that the programme would serve as a catalyst for building a more aware, proactive and committed community capable of sustaining a cleaner, healthier and dengue-free environment. Fahmi also extended his appreciation to all participating agencies, strategic partners and members of the local community for their cooperation and dedication in ensuring the success of the programme. "The commitment shown by all stakeholders demonstrates that effective public health initiatives require strong collaboration between the government, community leaders and residents. Together, we can create healthier communities and reduce the threat posed by dengue," he added. -- MINUTESMY -- SOURCE: FB FAHMI FADZIL

Datuk Fahmi Commends Community Participation in Dengue-Free Community Launch and Mega Anti-Aedes Campaign

KUALA LUMPUR, June 15 — Prime Minister Datuk Seri Anwar Ibrahim today described the groundbreaking ceremony for the Bukit Kiara Permanent Housing Project as a historic milestone that reflects the MADANI Government's commitment to justice, dignity and the welfare of the people. Speaking at the ceremony, Anwar said the project marks the end of a 44-year struggle for residents of Rumah Panjang Bukit Kiara, who have lived in temporary settlements under challenging conditions while awaiting a permanent housing solution. "This is a meaningful and joyous moment, not only for the residents of Rumah Panjang Bukit Kiara, but also proof that an administration guided by MADANI values will always place justice, courtesy and the dignity of the people at the forefront," he said. The Prime Minister noted that the project represents a concrete step towards resolving a long-standing issue that has affected generations of residents and demonstrates the government's determination to ensure citizens receive their rightful access to proper housing. He said the process of addressing the matter required careful consideration and collaboration among various stakeholders to identify the best possible solution while safeguarding the interests of the affected community. Anwar also expressed appreciation to all parties involved in making the project a reality, stressing that the experience underscored the importance of respecting legislative processes and upholding the role of national institutions. "The rights and welfare of those in need must continue to be protected, with justice enjoyed by all citizens regardless of race, religion or background," he said. He added that the government's efforts to uplift the urban poor would remain a priority, in line with its commitment to ensuring that no segment of society is left behind in the nation's development agenda. According to Anwar, development must be inclusive and benefit all levels of society, as true national progress can only be achieved when every citizen is able to participate in and benefit from economic and social advancement. During the ceremony, the Prime Minister also announced a RM1 million grant to assist longhouse residents transitioning into their new homes. The allocation will be used to provide residential maintenance subsidies for a period of three years and will be managed by Kuala Lumpur City Hall (DBKL). He said the initiative forms part of the MADANI Government's ongoing commitment to preserving the welfare and quality of life of residents after they relocate to their new permanent housing units. -- MINUTESMY -- SOURCE: FB ANWAR IBRAHIM

Bukit Kiara Permanent Housing Project Ends 44-Year Wait for Longhouse Residents – PM Anwar

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