Conflict threatens Nepal’s economy as remittance, inflation risks grow
As tensions in West Asia flare, experts warn of severe repercussions for Nepal’s remittance-driven economy.
Philippine government preparing fuel subsidy amid Middle East conflict: Transportation department
The P2.5-billion fuel subsidy program had already received certification from the Department of Energy, a transportation department official said.
Consumption report highlights sharp urban-rural divide in Bhutan
The survey also highlights substantial differences in housing conditions and food expenditure.
South Korean Cabinet approves universal cash grant amid controversy
The government says it is aimed at reviving sluggish consumer demand that has left many small business owners on the brink of collapse.
Japan’s agri minister calls rice distribution ‘black box’; complex structure to raise prices, cause delays
Wholesalers, meanwhile, have fired back at claims that they are a major factor behind soaring rice prices.
Nepal market prices mock central bank’s inflation claims
Despite official inflation at a four-year low, for most families, everyday costs remain high.
In Bhutan, higher prices for tobacco, alcohol, soft drinks; cars to be cheaper
The excise tax will be applied equally to both imported and domestically produced goods to ensure fair practices and avoid discrimination. The revised Bill proposes a total of 170…
South Koreans likely to receive up to US$367 in cash relief
The amount of money received per person would be determined based on household income, calculated on the basis of national health insurance premiums.
High prices squeeze hospitals in Japan, 60% now in the red
The effects are becoming apparent as some hospitals are reducing medical services or not replacing aging medical equipment.
Food inflation burning a hole in Malaysian household budgets
According to a report by the Statistics Department, the threefold increase in food prices in the past five decades also saw the purchasing power of Malaysian households decline by…