China’s average income rose steadily. Explore key trends, regional gaps, and what rising income means for investors and businesses.

MANILA, Philippines - Electricity is so basic to our lives that we often forget how powerful it really is. Yet for many ...

The Philippines’ elevation to upper-middle income economy (UMIC) status might take longer than expected as global ...

The World Bank expects the Philippines' economy to grow 5.3 percent in 2025, a slowdown from its January forecast of 6.1 ...

PHL auto sales still in ‘Drive’ mode THE PHILIPPINE automotive industry continues in its drive to motorization. For the first four months of 2025, the Chamber of Automotive Manufacturers of the ...

From the 1960s to the 1970s, the Philippines had the highest per capita GDP in Southeast Asia ... to do much else—a classic middle-income trap.” Still, Vietnamese leader To Lam, the new ...

It was followed by single houses, with an average cost of PHP11,903 (US$213) per sqm; duplex/quadruplex with PHP10,853 (US$194) per sqm; and apartments with PHP9,692 (US$173) per sqm. Nevertheless, ...

“Providing more tax incentives for high income groups to contribute back to society, having a sliding tax rate scheme according to household income ... with a gross domestic product (GDP) per capita ...

Bangladesh's average per capita income reached an all-time high of $2,820 in the fiscal year 2024-25, according to provisional estimates. The state-run Bangladesh Bureau of Statistics (BBS ...

Former Finance Minister P Chidambaram has responded to NITI Aayog CEO BVR Subrahmanyam's remarks on India's per capita income, stating that while it is "broadly correct" that income has doubled ...

India's per capita income is now around $3,000 but remains low, Economic Advisory Council to the Prime Minister (EAC-PM) member Sanjeev Sanyal said on Monday. He suggested that sustained growth in ...