Philippines House bill seeks VAT exemption for basic goods
The bill specifies includes bread, canned pork, beef, fish, and instant noodles following items to be excluded from VAT,
IMF warns ‘worst is yet to come’ for world economy
Inflation is expected to peak later this year and decline from 8.8 per cent in 2022 to 6.5 per cent in 2023.
S’pore looking at more measures to address income inequality: DPM Wong
While significant moves have been made to reduce income inequality and sustain social mobility, more can be done, said Mr Wong.
Rising inflation poses challenge to Vietnamese businesses
Experts added that the risk of importing inflation is obvious due to rising global energy and commodity prices, which could cause a sharp downturn in global demand.
Soaring food prices force Koreans to scrimp on eating out
Eating out costs rose by a whopping 9 per cent in September 2022, the highest since July 1992.
Cambodia’s economists offer suggestions to curb inflation
Solutions offered include spending additional funds to help the most vulnerable people and lowering tariffs on goods imported from abroad.
Yen’s pain is far from over and poised for worst year since 1970
Core consumer inflation in Tokyo was its highest since 2014 in September and is a leading indicator of nationwide price rises.
Bangladesh wheat flour price soars to record high
Retail prices of wheat flour hit Tk 50.10 per kilogramme in Dhaka in Sept 2022, the highest since July 2008.
Consumer prices in Japan’s capital rise at fastest pace since 2014
Data showed that prices rose for a wide range of goods and services, indicating that more firms were passing on rising costs to households.
Seoul readies 10 trillion won ‘stabilization’ fund to contain market volatility
If enacted, IT would mark the first major step by the Financial Services Commission as it faces growing calls that it step up efforts on investor protection.