Govt agencies given two weeks to come up with ways to address rising cost of living, says Anwar
The Prime Minister said proposals would include targeted subsidies for lower income individuals and improving incentives for the private sector.
Japan farmers shift from rice to feed crops as price of imported grain surges
Sluggish demand for rice in the domestic market is also accelerating the change, and the government is considering expanding support for farmers who switch from rice to other…
Debt stress levels up, investment returns fall but S’poreans not saving enough for crises: OCBC survey
Respondents were assessed based on 10 pillars of financial wellness, including saving habits, whether they plan for their retirement and whether they speculate excessively or…
Bangladesh’s electricity prices up 19.92% at producers’ end
The hike in bulk electricity prices - which was last increased by 8.39 per cent in Feb 2020 - comes after the Bangladesh Power Development Board's application in Jan to raise…
High inflation and unemployment are forcing Nepal’s youths to seek foreign jobs
In the fiscal year spanning 2021 to 2022, an average of 1,745 Nepalis left the country for foreign employment every day.
Hong Kong government approves HK$12.1 billion in wage subsidies for May
The subsidies were meant for about 1.57 million employees, of whom some 1.48 million were granted "full subsidy", 80,000 "half subsidy" and 10,000 others were granted "elderly…
Losing on home turf: Korea’s kimchi trade deficit returns
Soaring kimchi imports were driven by consumers seeking less expensive options, despite the widespread perception that domestic kimchi is healthier.
Pakistan’s petrol prices to remain unchanged till Nov 30: Ishaq Dar
On October 30, too, the government had decided to keep the petrol prices unchanged.
Pay rise seen to surpass pre-Covid-19 levels; inflation to eat into S’pore wages
Despite the negative real salary increase, the survey found that only 22 per cent of organisations here are increasing salary budgets to combat rising inflation.
About 2.5 million Singaporeans to get up to $700 in December under support packages: MOF
The first tranche of money, which includes other benefits, will be disbursed from December 2022 to February 2023.