Hong Kong McDonald’s Raises Wages for Some Staff as Menu Prices Climb

McDonald’s in Hong Kong has announced an average pay rise of three per cent for certain restaurant management staff, a move that comes alongside price increases for selected menu items. The company said the changes are part of a regular review of wages

Why Myanmar’s Junta Election Fails to Conceal a Rapidly Collapsing Economy

Myanmar’s military leaders have begun a phased election process that they say will restore order and legitimacy, but economists and regional analysts argue the vote cannot disguise the country’s worsening economic collapse. With inflation among the highest in Asia, widespread power shortages and

Inflation, Youth Unemployment, and the Social Contract

How economic pressures are reshaping expectations between China’s young generation and the state. A Generation Under Strain China’s economic miracle lifted hundreds of millions out of poverty, but today’s young generation faces a harsher reality. Inflation in essentials, soaring housing costs, and rising