Thailand remains in World Bank’s upper-middle-income category

The Philippines is now upper-middle income. Really?

Development isn't measured by average income alone

Beyond the Upper-Middle-Income Milestone: Making growth work for every Filipino

THE WORLD Bank’s decision to reclassify the Philippines as an Upper-Middle-Income Country marks an important chapter in the country’s long economic journey. With Gross National Income (GNI) per capita rising

Philippines attains upper-middle-income status

Philippines attains upper-middle-income status

Philippines gets economic upgrade, yet many Filipinos feel it’s no ‘big deal’

The World Bank recently upgraded the Philippines to an upper-middle-income country, but that classification makes little difference to many Filipinos grappling with rising cost of living, debt and stagnant wages. Manila resident Ann Michelle Federez-Abato, 35, said her entire salary goes towards her parents’ mortgage, while she and her two-year-old daughter subsist on a monthly remittance of 20,000 pesos (US324) from her husband, who works abroad as a production officer at a factory. Much of...

Ekonomi Selangor kini bernilai RM460 bilion

SHAH ALAM: Sumbangan 26.5 peratus kepada Keluaran Dalam Negeri Kasar (KDNK) negara oleh Selangor pada 2025 didorong pengembangan tiga sektor utama iaitu perkhidmatan, pembuatan dan pembinaan. Secara spesifik, ketiga-tiga sektor itu masing-masing menyumbang kepada RM15.9, RM5.3 dan RM3.7 bilion menjadikan keseluruhan nilai ekonomi berkembang sebanyak RM28 bilion. Menteri Besar, Datuk Seri Amirudin Shari berkata, laporan ... Read more The post Ekonomi Selangor kini bernilai RM460 bilion appeared first on Utusan Malaysia.

India's richer middle class is living a $-linked life

India's richer middle class is living a $-linked life

Prabowo Risks Prompt Global Banks to Pull Cash Out of Indonesia

The three biggest foreign banks in Indonesia have shipped around 640 million of their earnings out of Southeast Asia’s largest economy since 2024 as they pare exposure amid President Prabowo Subianto’s increasingly state-focused economic policies.

Thailand shifts focus to wealthier tourists who spend more

Thailand shifts focus to wealthier tourists who spend more

Anwar says top approval rating is no excuse for complacency, vows to work harder

KUALA LUMPUR, June 26 — Prime Minister Datuk Seri Anwar Ibrahim said today that being ranked Malaysia’s most...

Vietnam essential to K-food's ASEAN expansion

Vietnam essential to K-food's ASEAN expansion

Top 10 Cities with Largest Number of Billionaires in 2026

The world’s wealthiest individuals are increasingly concentrated in major financial, technology and business hubs that provide access to capital, innovation and global markets, according to the Hurun Global Rich List 2026.

Thailand Secures $4.1 Billion in EV Chain Investments as Southeast Asia Auto Hub Pivots to Next-Gen Tech

BANGKOK, THAILAND - Media OutReach Newswire - 3 July 2026 - Thailand has secured over 4.1 billion (approx. 137 billion baht) in investment pledges across its electric vehicle (EV) supply chain, solidifying its position as Southeast Asia's primary automotive manufacturing hub as global carmakers ...

Asian FX mixed; Philippine peso leads losses, Malaysian ringgit tops gains

The following table shows rates for Asian currencies against the dollar at 0209 GMT. CURRENCIES VS U.S. DOLLAR Currency Latest bid Previous day Pct Move Japan yen 161.560 161.54 +0.01 Sing dlr 1.293 1.2929 -0.01 Taiwan dlr 31.592 31.631 +0.12 Korean won 1535.400 1538.9 +0.23 Baht 33.015 32.93 -0.26 Peso 61.208 60.98 -0.37 Rupiah 17870.000 [] The post Asian FX mixed; Philippine peso leads losses, Malaysian ringgit tops gains appeared first on Interaksyon.

PHL new upper-middle-income status should spur human capital investments – CPD, UNFPA

The recent classification of the Philippines as an upper-middle-income country (UMIC) should spur more investments in human capital, such as education and healthcare, to help young Filipinos realize their aspirations and contribute to long-term economic growth, according to concerned organizations on Thursday. “(The country’s recognition as a UMIC) should translate into more educational and health []

Leaked survey finds KJ tops list for Malay voters, Anwar in the middle, Zahid last

Opposition is having a field day with the latest findings.

World : Top News Headlines In Cambodia, Indonesia, Philippines, Thailand & Vietnam: July 5, 2026

World : Top News Headlines In Cambodia, Indonesia, Philippines, Thailand & Vietnam: July 5, 2026

Cambodia cracked down on scams costing Americans billions. It created a new crisis

Cambodia's crackdown on scam centers has created a secondary crisis: thousands of stranded foreign workers are now roaming the streets of Phnom Penh.

(URGENT) S. Korea posts record-high current account surplus in May: BOK

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Delhi Tops, Bihar Lags As 5 Indian States Cross World Bank's Upper-Middle-Income Threshold; Check Names Here

Five Indian states - Delhi, Karnataka, Telangana, Tamil Nadu, and Gujarat - have surpassed the World Bank's USD 4,635 upper-middle-income threshold. While these states thrive in IT and manufacturing, others like Bihar lag, highlighting significant regional economic disparities. Three states, including Maharashtra, narrowly missed the threshold, signalling potential for future growth.

Hsinchu's Guanxin regains title as Taiwan's highest income ward

Taipei, July 2 (CNA) Residents of Guanxin ward (關新里) in Hsinchu City posted Taiwan's highest average annual household income in 2024 at NT4.592 million (US143,873), reclaiming the title of the country's wealthiest ward, according to Ministry of Finance (MOF) data released Thursday.

Indonesia's fiscal condition well-managed: deputy minister

Deputy Minister of Finance Juda Agung reassured the public and investors that Indonesia’s fiscal condition ...