Filipinos spend a third of budget for food: Study
The study also found that utilities, transportation, and food totaled 49 per cent of the expenditure share of Filipino homes in 2018.
Hong Kong economy moves forward despite inflation: Financial secretary
The local unemployment rate from May to July dropped 1.1 percentage points compared with the level from February to April, while the underemployment rate fell 1.6 percentage…
Pakistan PM Shehbaz seeks urgent report on inflated electricity bills
The development comes after scores of people in several parts of the country took to the streets in protest against inflated power bills of both domestic and industrial…
US extends $15 million to Nepal to tackle food crisis
Experts have warned that Nepal’s agriculture sector has not been performing well this year, with the ongoing fertiliser crisis fuelled by the Russia-Ukraine war could…
Underprivileged students to receive HK$10,000 allowance under new program
Each student will also be paired with a mentor who will help the student establish concrete personal development goals and arrange various activities to broaden the student’s…
Bakers’ turn: Price hike on bread prices sought to cover ingredient prices
The last time bread prices were adjusted was in Feb 2022, after local bread manufacturers grappled with the rising cost of flour, which had increased by nearly 45 per cent.
Malaysian government channels RM20.94 billion for wage subsidy programme
Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said the effort was aimed at reducing the unemployment rate among Malaysian workers.
Indonesia’s inflation may exceed 4% next year, upping pressure on govt
The central bank estimates that, for next year, there is a possibility that inflation may go sideways again, just like in 2022.
Strengthen monetary policy to curb rising inflation: Cambodia PM
According to the National Bank of Cambodia, the Russia-Ukraine conflict pushed inflation in Cambodia to a record 7.2 per cent in March, the highest in over a decade.
Urban poor Malaysians sacrifice nutrition to cope with rising food prices
According to the Statistics Department, food inflation rose by 4.1 per cent in April, with 89.1 per cent of items in the food and beverage group recording increases.