Inequality
Inequality is a section of Politics on investvine.com
Cambodian NGOs slam World Bank division for “microfinance abuses”
The International Finance Corporation (IFC), the World Bank’s private development lending division, is faced with a complaint by two Cambodian non-governmental organisations (NGOs) for...
Laos likely to raise minimum wage, Thailand still indecisive
The government of Laos has agreed in principle to a minimum wage increase amid rising cost of living and rampant inflation in the country,...
Laos lost $767 million to corruption since 2016 – state inspector
The Lao government has lost $767 million to corruption in the past six years, media reports referred to the country’s State Inspection Authority.
The leading...
More than half of Filipinos cannot afford Internet connections: “Internet Poor” study
The Philippines is leading in Southeast Asia for the number of so-called “Internet Poor,” which are people who cannot afford a minimum package of...
Property prices in Myanmar’s capital skyrocket in aftermath of coup
Real estate prices in Myanmar’s bizarre capital Naypyitaw have been rising since last year despite the military coup and ongoing military crackdown on civilians...
Covid-19 health crisis main driver of poverty, unemployment in Southeast Asia
The Covid-19 pandemic – or, as some say, rather government-imposed restrictions in response to it – has increased poverty and dealt a blow to...
In Thailand, 15 million or over a fifth of the population now need state welfare
The number of people in Thailand who need state welfare is expected to increase to 15 million next year from the current level of...
Laos plans to leave behind poor country status by 2026
The government of Laos is hopeful to leave the Least Developed Country (LDC) status of the nation by 2026 at the latest, calling economic...
Singapore mulls over introduction of wealth tax to lower inequality
Bad news for rich global citizens who have made Singapore their choice of (tax) residence, and more...
IMF says Thailand needs structural change in its economy to fully recover from pandemic
Pattaya's Walking Street was normally buzzing with tourists, now it's a ghost strip
The International Monetary Fund (IMF)...
Coup and Covid: Recipe for disaster in Myanmar as poverty surges
As much as half of Myanmar’s population of a total of nearly 55 million could be living...
Poverty on the rise in Thailand as coronavirus, strong baht batters economy
Thailand is facing rising urban poverty
Around 1.5 million Thais are estimated to have fallen below the poverty...
Sabah remains poorest state in Malaysia
Sabah has a poverty rate of 19.5 per cent, the highest in Malaysia. Pictured: The famous fish roundabout with the Marlin...
Vietnam’s “rice ATMs” to become permanent
The set-up of automatic dispensing machine providing free rice in Vietnam – originally a measure to help...
Thailand drops further in competitiveness ranking along most ASEAN nations
Office workers in Thailand
Most Southeast Asian saw a drop in their competitiveness in the latest world competitiveness...
Thailand’s poverty rate on the rise, accelerated by virus crisis
People queue up for free food handouts from a temple in Bangkok's Don Mueang district earlier this April
Thailand only Southeast Asian country with rising poverty rate: World Bank
The number of people living in poverty in Thailand climbed considerably between 2015 and 2018 by almost...
Malaysia’s shadow economy still more than a fifth of GDP
Malaysia’s shadow economy has a value of about 300 billion ringgit ($73.8 billion) or 21 per cent...
Latest
Laos to boost online gambling industry
Laos has plans to issue regulations for offshore online gambling businesses with the aim to attract operators targeting markets elsewhere in Southeast Asia, particularly...
Stories of the week
Garuda halves debt, believes profitability in sight
Indonesia’s national carrier Garuda Indonesia has halved its debt and achieved comparable cuts to aircraft leasing costs in negotiations with creditors, according to a...