ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Economy

Coronavirus pushes 38m Asians below poverty line: World Bank

Tourism collapse and weak exports fuel rise of 'new COVID poor'

A Filipino family eats instant noodles, in a tent set up as a makeshift evacuation center, amid the coronavirus outbreak, in Manila.   © Reuters
GWEN ROBINSON, Nikkei Asian Review editor-at-large | Thailand

BANGKOK -- The East Asia and Pacific region faces a rapidly growing class of "new COVID poor" despite relative success in containing the pandemic, according to the World Bank.

Read Next

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more