Bangladesh wheat flour price soars to record high
Retail prices of wheat flour hit Tk 50.10 per kilogramme in Dhaka in Sept 2022, the highest since July 2008.
ECONOMIC AFFAIRS
Indonesia includes sugary drink tax in 2023 budget
The Finance Ministry has been entertaining the idea of taxing sugary drinks since 2009, but progress was slow due to resistance from businesses.
Consumer prices in Japan’s capital rise at fastest pace since 2014
Data showed that prices rose for a wide range of goods and services, indicating that more firms were passing on rising costs to households.
Seoul readies 10 trillion won ‘stabilization’ fund to contain market volatility
If enacted, IT would mark the first major step by the Financial Services Commission as it faces growing calls that it step up efforts on investor protection.
Inflation bites harder as Indonesia braces for ballooning transportation costs
The central bank expects core inflation to increase at a rapid pace, which has prompted the central bank to hike its rates over the last two months.
Price ceiling for Malaysian cooking oil lowered
Any parties that sell the bottled cooking oil above the ceiling price will face stern action, the Domestic Trade and Consumer Affairs Minister warned.
‘No quick fix for foreign worker shortage’: Minister
He said that there were many implementation issues that still needed to be addressed by the government.
Last quarter an economic sprint to the finish line: PM Chinh
The Prime Minister ordered more vigorous efforts be made to achieve the best possible socio-economic development results in 2022.
Hong Kong disburses 2nd instalment of e-voucher under Phase II
A spokesman for the Hong Kong government said the e-vouchers were disbursed via six stored value facility operators.
Power prices to go up soon in Bangladesh
The energy commission had previously held a public hearing over an application of the Bangladesh Power Development Board.