Vietnam and the Philippines have been reclassified as upper-middle-income economies by the World Bank, leaving Laos, Cambodia, Myanmar, and Timor-Leste as the only ASEAN members still in the lower-middle-income category.
The annual income classifications, released on 1 July, place seven of ASEAN's 11 members in the upper-middle-income bracket or higher....
An increasing number of Malaysian citizens have been falling prey to seemingly lucrative job offers by syndicates in countries like Myanmar, Laos and Cambodia,...
Foreign companies in the country are grappling with an increasing shortage of U.S. dollars, with the military government's unpredictable foreign currency regulations putting their...
Just short of eight votes, opposition parties in Thailand failed in their attempt to prevent the junta-appointed Senate of powers from electing the next...