Based on the report, I will explain why the Philippines is stuck in the lower-middle-income trap, and what we can do to get out of it.

The rich and middle class may experience more happiness from purchasing experiences, while lower-income individuals may find that material purchases make them happy. Despite the economic disparities, ...

As much as we’re fans of the frugal lifestyle, it’s not always right in every situation. There are a few scenarios where holding back spending could cause you to struggle with your financial goals.

Electronics and auto manufacturing are key industries. The middle class in Mexico is still small by global standards but it was at 45% of the population 2016 and it's growing. The income levels ...

Expectations of relief on income tax, particularly for the lower middle class, are high after Prime Minister Narendra Modi invoked the goddess of wealth Lakshmi to elevate the poor and middle class.

Nationally, though, this figure stood at 49%. Similarly, the Lokniti-CSDS post-poll survey for Delhi in 2015 found that 71.6% of respondents identified as middle class – 27.8% as upper- and 43.8% as ...

Arvind Kerjriwal’s sudden outreach to the normally ignored middle class has taken many by surprise, particularly as his Aam Aadmi Party (AAP) has been geared to catering to Delhi’s poor, jhuggi-jhopri ...

The school’s Center for the Arts is hosting its 3rd annual Valentine’s Painting Night on Feb. 13. There, you will learn how to paint a Mediterranean landscape, enjoy food from the ...

Despite posting a new record-high GNI per capita of $4,230 in 2023, the Philippines has been classified as a lower middle-income country since 1987, reflecting the slow progress the country is ...

As a child, I loved to paint. As most of my time was spent on painting and drawing, I failed in Class 10 examination. Meanwhile, we shifted to Indore, where my father got his next posting and I ...

The wider Middle East, including Iran, Iraq, Israel, Lebanon, Jordan and Syria, is far behind Europe, the US and China in using renewable energy. Some content could not load. Check your internet ...

The government should consider revising tax slabs to provide relief to middle-class taxpayers by potentially ... CEO of Tax2Win "The govt should lower the income tax rates for individuals earning ...