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....
During a meeting in Kumamoto, Japan last week, Lao Prime Minister Phankham Viphavanh asked Cambodian Prime Minister Hun Sen to construct a bridge between...
