‘Inflation will remain high in the foreseeable future’: Expert
According to economist Keshav Acharya, Nepal's inflation has doubled to more than 8 per cent on a year-on-year basis, and the country's external sector is still very fragile.
Bangladesh Bank relaxes loan repayment policy again
Insiders expressed their worries that the relaxed policy would deepen the liquidity stress in the banking sector as lenders will not get back the expected amount of funds from…
Be prepared to pay actual cost of electricity generation: Bangladesh PM
She said the government had to ration electricity in the country for some days due to the global price hike of fuel and gas.
India has sufficient food grain stocks: Govt
The government has made sure to meet the requirement of all the welfare schemes across the country and that prices remain under control.
Malaysians saving less, most do not have enough in retirement funds: Survey
The looming recession may push them to the brink given their dwindling savings coupled with the aftermath of the Covid-19 pandemic.
Private economists cut Singapore’s 2023 growth forecast on global slowdown woes: MAS survey
The economists also raised their forecast for inflation both this year and next, as price pressures continued to pose a concern.
Fish imports barred from wet markets
The government has also decided that no import clearance shall be issued to institutional buyers for the importation of round scad, bonito, mackerel and moonfish.
Philippine govt warns online sellers of smuggled onions
The government has also threatened to revoke the permits of the retailers found guilty of selling this edible bulb in the markets.
S. Korea’s economic policy to focus on taming inflation, creating jobs: minister
Inflation has passed its peak, and the upward pressure has eased, but it is likely to stay at a high plateau for the time being, Finance Minister Choo Kyung-Ho said.
Uniqlo to raise prices for spring, summer clothing
The move comes in response to soaring materials costs and a weak yen.