Latest news and articles about middle class from NEX English
Indonesian Minister of Community Empowerment, Abdul Muhimen Iskandar, affirmed that the government is making significant efforts to safeguard the middle class from economic downturns amid global pressures. This statement was made during the opening of a conference in Bogor, where he highlighted the increasing number of people at risk of poverty.
The head of the parliamentary committee for the Egyptian Democratic Party stated that the increase in metro ticket prices poses a direct threat to Egypt's middle class, exacerbating financial burdens on citizens. This comes at a time when many are struggling with rising living costs.
Labo Gold has reported a remarkable increase in its revenues and profits this year, fueled by rising gold prices and growing popularity of its jewelry among middle-class shoppers. These figures reflect a surge in demand for jewelry amid increasing consumer confidence.