‘Economy will go down the rabbit hole,’ South Korean survey finds
Survey respondents said an unprecedented economic environment was unfolding in Korea this year, in which conventional business strategies do not work.
Japan losing ground in competition to buy chicken
Despite being one of the largest export destination for Brazilian chickens for many years, Japan is now facing stiff competition from the likes of China and the EU.
Japanese household spending marks 1st decrease in 6 months
The decline largely reflected a continued fall in spending on food items, especially alcoholic drinks.
What we know so far about ‘out of control’ rise in the Philippines’ onion prices
As onions continued to sell at prices greater than a day’s worth of minimum wage, several possibilities have been raised as to why prices began to shoot up.
Delhi government raises auto, taxi fares
The government revised the charges on the recommendations of the Fare Fixation Committee following a rise in gas prices in the city.
Vietnam ministry calls for easing government control on fuel prices
The Ministry of Industry and Trade also called for the fuel price cycle to be shortened from 10 days to 7 days, for domestic prices to stay more in tune with international prices.
Hong Kong govt eyes 6.7% minimum wage hike
Subject to the approval of the Legislative Council, the revised minimum wage will come into force on May 1 this year, Labour Day.
Philippine agriculture dept authorizes importation of more than 21,000 metric tons of onions
Retail prices of red onions have recently increased to as high as P700 per kilo, most likely the most expensive in the world.
Record-high 2022 pork imports seen to further harm local meat producers
Brazil was the Philippines’ primary source of meat imports with Spain and the United States coming in second and third.
Bank of Korea likely to continue rate hikes
Though the consumer price index fell slightly to the 5 percent range after reaching its peak at 6.3 percent in July, it still exceeds the 2 percent target set by the central bank.