Over 800 food items carry higher price tags in Japan from November
On Nov 1, major dairy firms will implement price hikes for milk and dairy products due to higher raw milk prices amid surging feed costs.
Is S’pore’s $1.5 billion support package enough?
How the support was allocated and the considerations behind it matter. Aid was also given out in other countries, but there are important differences.
Western officials finalising plans for Russia oil-price cap
The Biden administration sees the price cap as a way to cut oil revenues for Russia while keeping the oil supply flowing and avoiding price spikes.
Dashed dreams: Young Koreans’ leveraged investments backfire
When stock and crypto markets were hot and borrowing costs were cheap, many younger South Koreans, dabbled in leveraged investing but are now suffering.
Thailand has highest income inequality in east Asia: World Bank rural poverty report
The bank cited the slowing economy, stagnating farm and business incomes, and the Covid-19 crisis as reasons for Thailand’s rising poverty rate.
Lankans migrate, work over time, and eat less to beat inflation
Official data showed that over a quarter million people have left the country so far this year, mainly for jobs.
Party Central Committee vows to battle rising inflation, economic woes
Year-on-year inflation in Laos rose to 30.01 percent in August - the highest recorded in more than two decades.
Japanese households feeling the heat as price surge continues
The government is mulling measures to temporarily reduce electricity bills, among other courses of action.
Nepal on the verge of serious hunger problems
Nutrition scientists say immediate measures of intervention are needed to avoid further deterioration of the situation.
Sweet festivities turn sour as Malaysia faces possible sugar shortage
Sundry shops noticed restaurants and bigger industry players were buying smaller sugar packets, which are cheaper, in bulk.