Ramadan price hike: A seasonal trend or market manipulation?
On February 22, just a week ago of this year's Ramadan, people in Dhaka city had to pay higher prices to get coarse rice, edible oil, chickpea, dates and eggs than a year ago,…
Malaysia’s rice subsidy gets praise, but not from farmers
The government’s decision to maintain the price of local white rice at RM2.60 per kilo by absorbing about RM150mil in production costs for six months comes as welcome news for…
Coconut milk price in Malaysia hike ‘unprecedented’
The sharp increase is attributed to a nationwide shortage of coconuts, affecting both consumers and businesses ahead of Ramadan and Hari Raya.
Plummeting rice prices pose a challenge to Thailand’s Pheu Thai-led government
Since the Pheu Thai Party has been in power for two years, the golden era of high rice prices has ended, and farmers now face a steep decline in prices, dropping to only…
Gold prices hit all-time high in Bangladesh
With the new rate, customers will need to pay Tk 154,525 (US$ 1278) per 11.7 grammes, starting today, according to a press release from Bajus. Gold prices, which Bangladesh…
Farmers from Rajshahi in Bangladesh protest hike in cold storage fee
Protesters claimed that the recent hike in cold storage charges was unfair and exploitative. Previously, storing a 50-kilogramme sack of potatoes cost Tk 340, they said. However,…
Philippine agri dep’t, meat sector agree on no max suggested retail price for pork for 2 weeks
One of the cost components under review is the fee charged by “viajeros” or traders, which is estimated to add P80 (US$0.086) to the retail price of pork per kilogram.
Japanese government taps into rice reserves amid surging prices
Due to supply shortages, spot market prices for wholesale transactions have surged, with the price of Niigata Koshihikari rice, a renowned rice variety known throughout Japan,…
China’s full-year CPI target likely lower at 2%
The reduction would indicate a shift of policy focus from preventing inflation from exceeding a certain threshold to guiding its recovery to a reasonable level, implying an…
Inflation eases in 2024 on lower prices of cars, clothing, some food items in Singapore
Price pressures remain, but households in all income groups have seen inflation fall by between 1.6 and 3 percentage points over the past 12 months.