Southeast Asians classified as poor and low-income shared a high 44.7% of the region’s population, or 306 million of a total of 686 million. Social inequalities are similarly endemic in Southeast Asia, as reflected in the distribution of incomes across seven categories—poor, low income, lower middle, middle, upper middle, upper income and rich (see Table...
Category: Business
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Revamped forex mastery series for Filipino traders launched
SmarTrade, the financial education company dedicated to empowering Filipinos through free learning sessions and personalized coaching, has officially launched its revamped forex mastery series. The program is designed to help aspiring traders, from beginners to advanced learners, understand the world of forex trading in a clear and structured way. By providing accessible financial education, SmarTrade...
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The unrest in Indonesia is driven by inequalities and entrenched oligarchic rule
Indonesia has been ravaged by its worst popular unrest since the downfall of the dictator Suharto in 1998. Large-scale street protests began last Aug. 25 in the capital Jakarta—the culmination of widespread economic frustration and anger at widespread corruption, democratic regression, gross inequalities, and the indifference and lack of empathy of Indonesia’s leaders, elite classes...
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The employment impact of a national ban on single-use plastic will be manageable
Negotiations for an international plastics treaty ended in failure last month, setting the stage for a new round of talks. Nevertheless, local environmental groups argue that no deal is better than a bad one or a watered-down treaty. An agreement could have nudged the Philippine government to finally enact a national ban on single-use plastic...
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Southeast Asian social protection systems have an erratic record and ignore informal work
Social protection refers to a set of policies and programs designed to reduce poverty, inequality, vulnerability, and social exclusion, and to mitigate economic shocks by ensuring income security, access to essential services (e.g., health, education, and housing), and support for life’s hazards (e.g., unemployment, sickness, disability, and old age). In Southeast Asia, social protection systems have a...
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The delusional promises of the Asean 2045 Roadmap
At the 46th Summit of the Association of Southeast Asian Nations (Asean) last May, leaders adopted what appears to be a landmark document, the Kuala Lumpur Declaration on Asean 2045: Our Shared Future. The declaration sets a 20-year roadmap to transform Asean into “a resilient, innovative, dynamic, and people-centered community.” It further emphasizes “regional solidarity,...
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Donald Trump’s brutal tariff assaults on Southeast Asia
As of Aug. 1, US President Donald Trump has finalized a sweeping set of new and brutal trade tariffs on Southeast Asian countries after a series of bilateral negotiations with the region’s leaders and trade representatives. These tariffs reflect an increasing trend toward protectionism and moving away from free trade principles and practices. The tariffs...
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In Albay, the Longganisa Festival is both culinary celebration and economic boost
The bustling wet market in Iraya, Guinobatan, Albay, is more than a platform for the famed “longganisa” (native sausage). It is a display of food and heritage for those who appreciate the sausage’s distinct taste and the means of livelihood for its small stallholders. The Longganisa de Guinobatan, the town’s handmade staple, requires no price haggling...
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In Marikina, micro eateries present a balance between tradition and technology
The food scene in Marikina City is bustling, but not all small food businesses enjoy an equal helping of visibility. For some, the aroma of home-cooked meals is still sufficient to draw passersby who eventually become suki (regular clients). However, digital “likes,” “hashtags,” and Facebook group posts are now just as essential as toasted garlic...
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Stuff of dreams: Childhood friends, all student athletes, open a Pilates studio
LIPA, BATANGAS—It all came together for three childhood friends when they sent out the invites to the blessing of their Pilates studio in this city south of Manila. They had been planning this project for ages. And their guests, including friends from Quezon City, didn’t fail them, arriving before 9:30 a.m. on June 26. Fr....