Japan’s banks to raise fixed housing loan rates
The yield on the newest 10-year Japanese government bond issue, a market benchmark, shot up from around 0.25 to over 0.4 per cent after the BOJ raised its cap on long-term rates…
Get ready to pay more for vegetables, consumers warned
The continuous wet spell that is expected to last until next February has reduced the yield of highland vegetable farms, say farmers.
Theft at unmanned shops on rise alongside surge in cost-of-living
The background to the increase in thefts at unmanned shops seems to be the surging cost-of-living and the recent economic downturn.
Why are whiskey prices so high in Korea?
A total of 155 percent in taxes are imposed on all imported distilled spirits in South Korea, including a 72 per cent ad valorem tax imposed on the retail price of the liquor.
Price hikes to affect over 7,000 Japanese food, drink products in early 2023
Price hikes will affect 7,152 items, more than 1.5 times the number from the same period this year, with some products such as frozen and wheat-based foods seeing a further…
World faced unprecedented crisis with food in 2022
Amid increasing inflation and stagnating livelihoods, some consumers may not have enough resources to purchase sufficient amounts of food.
Singaporeans’ shopping spree in Malaysia spark inflation concerns
Johor Consumers Movement Association chairman Md Salleh Sadijo said Singaporeans have caused inflation that has affected Johoreans, especially those living in and around the city…
As egg shortage persists, Malaysian sellers scramble for more supply
Malaysians consume an average of 968 million chicken eggs every month.
Singapore dollar will hold its ground in 2023 even as policy tailwinds fade
The Singapore dollar is set to end the year as Asia’s most resilient currency against an exceptional surge in the United States dollar.
Market pressures force Bank of Japan’s hand; Kuroda asserts easing remains
While effectively raising interest rates, Bank of Japan Gov. Haruhiko Kuroda denied any monetary tightening was being conducted and emphasized the continuation of the easy…