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.
Go ahead and import rice
The reality is that Indonesia only has 503,000 tonnes of rice in store, well below the level of 1.1 million to 1.5 million tonnes required to maintain sufficiency.
Malaysian nurses look abroad for better wages
Higher salaries are luring Malaysian nurses abroad, to place such as Saudi Arabia and Singapore.
Durian supply glut leads to record low prices that could last for weeks, say sellers
A spike in supplies from Malaysian plantations in Pahang, Johor and Genting Highlands has meant an excess of durians and plummeting prices, in Singapore.
Wet weather increasing costs
While the increase is only between 10% and 20% right now, it could go up if floods occur, traders said.