Bongbong Marcos urged to revive Marcos Sr’s oil price stabilization fund
Recently, activist groups have also called for the suspension of taxes on oil products to alleviate the suffering of the poor due to high fuel prices.
Inflation rising but S’pore economy not at risk of overheating: Experts
The Ministry of Trade and Industry now says that the economy will likely grow within the lower half of its 3 to 5 per cent forecast range for 2022.
Staring at a grim Eid with cost of living rising
With the Inflation rate surging to an eight-year high, middle-to-low income families are spending less this Eid.
Indian rupee at Rs 79.36 against USD, gold touches Rs 54K
The Indian rupee is likely to be under pressure, given the uncertainty in the global macro environment, a research report said.
Import food to cap inflation – Marcos economic team
Finance Secretary Diokno said Marcos had indicated willingness to continue importing some food items like corn, pork, and rice, as well as coal at lower tariffs.
Bank of Korea eyes bumper rate hike as inflation hits 24-year high
The deputy director-general for short-term economic statistics stated that Korea could see prices soar 7 per cent annually in the coming months, given the current pace of…
Motorists in Philippines get reprieve as fuel prices drop
Industry players implemented the reduced prices this week after raising local pump prices for four straight weeks.
Japan’s bean sprout growers buckle under inflation pressure
Producers are facing a difficult situation where they cannot demand retailers significantly raise prices despite soaring prices of mung beans.
Driven by food prices, Indonesia’s domestic inflation soars more than expected
Economists from Bank Mandiri stated that inflation would continue to rise significantly early in the second half of the year, particularly food prices.
13-year high core inflation: How Singapore is coping with rising prices
From a tighter monetary policy to longer-term electricity contracts, measures have been put in place to blunt the impact of rising prices on households and businesses.