3 Essential Commodities: Price caps prove a total failure in Bangladesh
Government agencies raided kitchen markets numerous times across the country, but the retail and wholesale prices stayed way above the limit set by the agriculture ministry on…
Inflation may reach 15% in Mongolia next year due to expansion of budget expenditures
A strict monetary policy is the only choice when the large expansion is made to the State budget. This means that the Bank of Mongolia will implement a strict policy in order to…
Prices for dining out in Korea soar beyond inflation
Price of pizza rose most, seeing a 12.3 per cent on-year growth in prices. The price of duck sold at restaurants rose second-most, with an increase of 7.3 per cent.
Govt failed to control prices of onions and potatoes: Bangladesh agriculture minister
"The production part falls to our agricultural ministry, but the commerce ministry is responsible for monitoring the market. Even then, we cannot escape responsibility," says…
Use excess RCEF fund to aid rice farmers: President Marcos
President Marcos cited that the remaining money from the P10 billion RCEF must be used to provide drying, mechanization, and other equipment that will support rice farmers and…
Malaysia’s pay hike proposal gets nod
Alliance for a Safe Community chairman Tan Sri Lee Lam Thye voiced his views that the government should consider adjusting the starting salary for police constable to at least the…
PH inflation rose to 6.1% in Sept as food prices, transport cost soared
The central bank last month maintained a “hawkish pause” for the fourth consecutive meeting, while expressing its readiness to tighten more as inflation continues to crimp…
Indonesia to import 125,000 tonnes of sugar to calm local price
The government has fewer options for import sources this year as India, who contributes 30 per cent of Indonesia's sugar imports, has imposed a ban on its sugar exports until…
Inflation in Thailand falls to 0.30% in September, lowest in Southeast Asia
According to the Commerce Ministry, inflation slowed down in September due to a decline in food prices and lower energy prices resulting from government support measures on diesel…
95% of Filipinos spend more on food, but half of population is eating less: Survey
According to Pulse Asia, among food, rice took the lion’s share of Filipinos’ food spending at 83 per cent of total household expenditures, with non-food at 61 per cent.