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Socioeconomics

Inequality in the Philippines still high, says ADB

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Inequality in the Philippines might have not changed rapidly in the last 20 years, but the gap between the rich and the poor in...
Microfinance in Cambodia surged 44% in 2013

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Cambodia's 38 microfinance institutions reported a 44 per cent increase in loan disbursements in 2013, according to a report of the National Bank of...
Singaporeans could face higher wealth taxes

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Singapore could see higher taxes on cars, property and possibly personal income as the issue is on the agenda of February's budget meeting that...
Group farming a way out of poverty (video)video

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Lo Thi Tiep, 28, lives with her husband and two kids in a mud thatch house in Bung Lao commune, Dien Bien Province in...
Singapore’s increasing struggle with poverty

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The growing presence of poor people in the wealthy city state is becoming more and more obvious despite begging carries heavy fines or even...
Cheapest labour in Asia: Not Myanmar, not Bangladesh

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In the past years, there has been a notable shift of labour costs within Asia, and China is no longer leading the pack. The...
Laos to spend $27m to fight rural poverty

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The Lao government approved $27 million for rural development and poverty alleviation for the next fiscal year, the Vientiane Times reported on July 30. The...

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The World Bank has released a $300 million development loan to the Philippines to support the government's poverty reduction efforts, the bank said in...

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Asia is losing its grip in the battle against income inequality, with 11 of 28 Asian countries – representing 82 per cent of the region’s population – showing a widening wealth gap, the Asian Development Bank has noted.

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According to the latest data released by the World Bank, more people than ever have dipped below the international poverty line, due in large...