Bangladesh cuts edible oil and sugar prices
The new prices will come into effect from Sept 25, and comes at a time when consumers are being battered by the higher cost of essential commodities.
ECONOMIC AFFAIRS
44 cases filed over market manipulation of essential good prices
Over the past several months, the Bangladesh market has seen unusual rises in prices of essentials such as rice, oil, flour, and eggs.
World Bank to provide $22.2 million in aid to Pakistan’s flood-hit farmers
The government has also planned to provide subsidised wheat and edible oil seeds, and one fertilizer bag per acre to each farmer in the affected areas.
Cheap mealboxes a taste of Hong Kong’s economic woes
Shops selling inexpensive two-dish mealboxes have mushroomed across city, cropping up in working-class and white-collar areas alike as people tighten their belts.
Ripple effects of war in Ukraine left deep scars on economies: Bangladesh PM
The ripple effects of the war in Ukraine and other crises have left deep scars on societies and economies, especially in developing countries, said the premier.
Nepal Airlines to sell Chinese planes if nobody wants to lease them
In addition to maintenance issues and lack of spare parts, Nepal Airlines was also unable to find pilots to fly the aircraft.
Cambodian workers’ monthly minimum wage for 2023 raised to $200
Workers will still receive other benefits like they have in the past, like $7 travel and housing allowance per month and regular attendance bonus of $10 per month.
Fuel price hike takes toll on Jokowi’s popularity
The government said it had no choice but to cut subsidies to rein in ballooning energy subsidies despite the risk of mass protests and amid rising food costs.
Marcos woos investors in New York, cites ‘mutually beneficial’ investment climate in Philippines
In a public statement delivered at the New York Stock Exchange, he touted how the Philippines recently enacted policies to further liberalize the economy and welcome more foreign…
In US visit, Marcos cites role of overseas Filipino workers in recovery
Marcos said that dollar remittances from overseas Filipino workers (OFWs) hit an all-time high of $34.88 billion in 2021.