Dried seaweed prices rise sharply in May in South Korea
The rate of increase in seaweed prices has been steadily rising, from 1.2 per cent in January to 3.1 per cent in February, 6.6 per cent in March and 10 per cent in April.
Chicken, egg prices rise on supply shortage, higher production costs in Bangladesh
Over the past week, the price of eggs has increased by 5 percent and broiler chicken by 7 percent, according to the data collected from three kitchen markets in Dhaka and the…
Cup noodles, instant coffee ‘in’ again as Filipinos deal with inflation
Universal Robina Corp. saw brisk sales in its low-priced food products, including snacks and instant coffee, as consumers looked for cheap alternatives to deal with inflation…
No end in sight: low-income families reel from stubborn inflation
The higher inflation for one of the longest spells in recent decades has left many households in the low-middle-income country with little resources since food costs consist of a…
A cheap daydream: Young Chinese buy up lottery scratch cards amid difficult job market
Amid a challenging job market and uncertain economic prospects, Chinese youth have turned to the lottery for some combination of a fun pastime, a respite from the rat race, and…
Essentials now luxuries as poor Bangladeshis reel from price shock: Centre for Policy Dialogue
Bangladesh has been experiencing higher inflation for nearly two years, exceeding inflation rates in many developed and developing economies. The burden falls heavily on poor and…
Warm winter pushes down this year’s litchi output, leading to a price hike
Chen Houbin, a chief scientist with the National Litchi Longan Industrial Technology System, said the predicted output of litchi across the country this year will be 1.78 million…
Diesel subsidy: Agriculture sector operators must be registered with GeoAgro, says Malaysia agri ministry
To help stabilise the operational costs in the agricultural sector, the government agreed to provide monthly cash assistance of RM200 (US$42) under the Budi Agri-Commodity…
Singapore’s hawker food prices rose by 6.1% in 2023, but cost pressures easing
While some cost pressures have since eased – with hawker food inflation falling to 4.1 per cent in December 2023 after peaking at 8.3 per cent in February 2023 – this may not…
‘Gimflation’ in S. Korea as dried seaweed prices grow on rising global demand
Ordinary people in Korea fear that the country’s humble, yet always satisfying trio on a table, a bowl of white rice, kimchi and seasoned dried seaweed, may one day no longer be…