Defining the middle class
Article Abstract:
A study released by the NLI Research Institute showed that the 'middle class' in East Asia does not conform to the concept of middle class in the US and Europe and that different East Asian cultures are bound to affect the values, lifestyles and buying preferences of their respective middle classes. Bangkok was shown with the most affluent middle class, earning an average of $1,800 in household monthly income. Shanghai's middle class earns only an average of $500 and is more likely to spend bulk of their monthly income on food than other consumer items.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
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Baguio offers cool respite from stifling Asian cities
Article Abstract:
Baguio is a mountain resort located 155 miles north of Manila, Philippines. It is an ideal vacation spot for tourists coming from the Southeast Asian region because of its proximity. One of the main attractions of Baguio is Camp John Hay, a former US base developed as the main rest and recreation site for servicemen stationed in Asia. The camp offers several low-cost lodging facilities, an 18-hole golf course and other recreational activities.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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Asian companies climb to success in high-tech niche
Article Abstract:
SPI Technologies Inc. of Manila, Philippines, has invested in technology from Europe and the US that affords the database firm a competitive advantage. According to Alan Fraser, SPI's founder and CEO, the company's college-educated Filipino workforce and competitive wages have helped it achieve a 99.995% error-free database quality. Fraser forecasts that the company's revenue will grow to $70 million by the year 2000 through global expansion.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
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