Southeast Asia: poverty on the rise again

Poverty rates in South East Asia will rise for the first time in almost two decades. The pandemic has led to a veritable wave of unemployment – which means increased homelessness and hunger in many poor countries.

A new World Bank report estimates that more than 80% of households in Myanmar have lost income this year. Among Cambodians and Indonesians, the figure is said to be just under 80%. Vietnam, which is expected to weather the crisis better than most neighbouring countries, has seen income losses in less than 40% of households so far, according to the report.

Read more at Asiatimes.com