ASEAN Summit Kicks Off in the Philippines Amid Growing Concerns Over Cost of Living. Leaders from the Association of Southeast Asian Nations (ASEAN) have gathered in the Philippines for their annual summit, a key event in regional diplomacy. However, as the meetings get underway, residents in the host country are voicing their concerns about the rising cost of living, which has become a major issue in the region. With inflation and economic pressures mounting, many Filipinos are struggling to make ends meet, and the summit is seen as an opportunity for leaders to address these pressing economic challenges. As the ASEAN leaders discuss trade, security, and other regional issues, the cost of living crisis is likely to be a major talking point.
ASEAN leaders have begun meeting in the Philippines as residents say their main concern is living costs.
