In Myawaddy, Thai baht rises to record high, price of Thai products more than doubles
Edible oils, drinks, building materials, and consumer goods are imported to the local market through the Myawaddy border.
Indonesian government’s plan to restrict subsidised fuel sales is necessary, but risky
Experts believe the move, which currently remains under deliberation, could play into inflation and reduce people’s purchasing power, thereby risking shock to the economy.
India seen easing rice import curbs; Philippines to win big – Nomura
India, the world’s biggest rice exporter, has imposed restrictions on rice exports since late 2022 amid adverse weather conditions that hit domestic rice production and pushed…
Why are onion prices rising abruptly?
The sudden price hike of the staple cooking ingredient came against the backdrop of annual inflation in Bangladesh surging to its highest level in 12 years in the just-concluded…
Lower vegetable prices seen this week as harvest season in the Philippines begins
The DA’s spokesperson, said that vegetable prices in public markets have gone up in the past few weeks due to heavy rains and the El Niño phenomenon, which delayed the…
PM Shehbaz announces 3-month relief for protected consumers of electricity
PM Shehbaz said the government was going to sign a three-year programme with the International Monetary Fund (IMF) and had also taken it on board about the relief announced for…
Inflation target is achievable, wage increase expected not to have significant impact on prices
There were increases in food prices, especially rice and pork, but these were under control. Prices of petrol products have been on a downward trend since April, further helping…
Philippine government rolls out ‘P29 per kilo’ rice program for low-income folk
The rice will be sold not to the general public but to “vulnerable” segments of the population: senior citizens, single parents, persons with disabilities, and beneficiaries…
1.5 million Singaporeans to get up to $850 in August to cope with rising costs
These disbursements are part of the GST Voucher scheme, which helps to permanently defray GST expenses for lower- to middle-income Singaporeans as they cope with the hike in goods…
Inflation drops further but Bank Indonesia has no room to manoeuvre
The headline inflation rate, or annual consumer price index growth, dropped to 2.51 percent in June, according to Statistics Indonesia data published recently, which marks a…