Middle-income Group

ASEAN’s middle class is fuelling the F&B industry

ASEAN’s positive economic growth has seen many changes in the way its citizens go about their daily lives. With an economy that is fast improving and the potential for progress still intact, the rise of the middle class is very much apparent within the region. An increase in disposable income has allowed some room for people to spend on items or products that might not be a necessity.

4 June 2018
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Inequality comes to Asia

From China to India, Asian countries’ rapid economic expansion has lifted hundreds of millions of people out of poverty in recent decades.

26 November 2017
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Indonesia on track to become a trillion-dollar economy

Indonesia is on track to become a trillion-dollar economy and should be the envy of Southeast Asia. Yet on some key measures, the region’s biggest economy is falling behind.The nation lags its neighbours on infrastructure development, faces a fiscal shortfall that’s heaping pressure on the state budget and still has 28 million people living in poverty.

16 October 2017
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