Sugar crisis may trigger price hikes of processed food, beverages
Over the weekend, President Ferdinand Marcos Jr. said he might consider importing as much as 150,000 metric tons of sugar in October.
Rice prices go up again in Bangladesh
Food Minister Sadhan Chandra Majumder said his ministry will start selling rice at a cheaper rate for poor families through a food friendly programme from Sept 1.
Indonesia aims to combat food inflation with GMO, experts and farmers skeptical
Indonesia, like most emerging economies, is not immune to the impact of surging food prices induced by the current supply disruption.
South Korea to expand food supply to tame prices ahead of Chuseok
The government has set the goal of pulling down the prices of the 20 items, such as apples and pork, to approach the levels a year earlier, said the ministry.
Thailand hikes rate for 1st time since 2018 to tame inflation
The economy expanded 1.5 per cent last year, among the slowest in Southeast Asia.
China consumer prices increase mildly, factory inflation eases
The core consumer price index, which excludes food and energy prices, gained 0.8 per cent year on year in July, lower than the 1 per cent increase in June.
Indonesian consumers less confident but keep spending
Inflation in Indonesia reached 4.94 per cent in July, the highest annual increase in seven years, according to Statistics Indonesia.
Bangladesh fuel price hike was avoidable: Report
An expert said the government could have avoided the unprecedented hike in the fuel prices by checking corruption, theft and mismanagement at the Bangladesh Petroleum Corporation.
Impact of fuel price hike being assessed: Bangladesh finance Minister
A price hike in fuel will cause a rise in the price of essentials, affecting the country's low-income group of people, he said.
Restaurants, food companies try to hold prices steady even as costs rise
While the pressure to hike prices is growing, corporate efforts to better deal with it are likely to continue in the days ahead.