Eastern Bhutan farmers worry over declining auction price for potatoes
The potato price in Samdrupjongkhar is determined by potato production in the neighbouring Indian states, the cost of potato at cold storage, and consumer demand. Officials…
Government to provide energy subsidies for August to October: PM Kishida
Noting that wage increases of more than 5% were achieved in this year’s spring wage negotiations, PM Kishida stressed the need to solidify the signs indicating a transition to a…
Daily monitoring ensures fair pricing for essential commodities in Myanmar
Officials have mentioned that there have been no recent incidents of overcharging for drugs. Regarding palm oil, he noted that measures will be taken against sellers not adhering…
Furore over pet healthcare fees in Malaysia
Pet lovers said as opposed to the cost of medical care, which is regulated by the Private Healthcare Facilities and Services (Private Hospitals and other Private Healthcare…
Egg prices cut across Malaysia
PM Anwar said the price reduction was a result of the government being able to channel the savings from its targeted subsidy rationalisation plan back to the people.
Bank of Korea’s rate-cutting cycle coming, but timing depends on inflation
Recent data showing signs of weakening inflation, coupled with a rebound in exports, has increased anticipation for rate cuts. Though borrowing rates were kept at 3.5 percent for…
China’s consumer prices rise in May
The prices of eggs, fresh fruits and cooking oil declined 8.5 per cent, 6.7 per cent, and 5.1 per cent, respectively, in May, narrowing from the price drop a month earlier. Pork,…
Sales of warehouse stores in South Korea rise amid high dining-out costs
Over the past three years, prices for dining out in Korea have risen sharply, even exceeding the average increase in consumer prices, according to Statistics Korea. In May alone,…
Eateries in Malaysia not increasing prices yet
Advising restaurateurs to monitor the situation closely and to absorb marginal price increases if possible, Restaurant and Bistro Owners Association vice-president Jeremy Lim said…
Malaysia’s diesel subsidy cuts will not raise inflation, say analysts
Experts have said that PM Anwar’s RM200 Budi Madani cash handouts for the lower-income groups can tide them over the price increase. At the same time, subsidies will still be…