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.
Philippines cuts prices on diesel but gasoline, kerosene to go up on Nov 15
In separate advisories, companies such as Seaoil, Caltex, Petro Gazz and Cleanfuel said their pump prices of gasoline would increase by P0.90 per litre while diesel would go down…
Singapore consumers go for gold amid rising inflation
Consumer demand here – comprising jewellery, bars and coins – surged 58 per cent year on year to 3.3 tonnes in the third quarter, up from 41 per cent growth in the second…
South Korea’s milk inflation accelerates
The surge in the milk price will likely bring up the prices of bread and coffee, as well as butter, cheese, cream and other dairy products.
Indonesia’s employers, workers still locked horns over 2023 minimum wage
Labor unions have called relentlessly for a minimum wage increase of around 13 per cent, as September’s fuel price hike had greatly impacted living costs.
Cambodia prepares to launch inflation relief programme
The intervention aims to ensure that the households, totalling around two million people, do not fall below the poverty line.
October inflation in China unexpectedly eases
Some experts said they expect a cut in the reserve requirement ratio, which would reduce the amount of cash banks must hold as reserves, and thus boost lending and demand.