Impact of Ukraine war will add to cost of living pressures in Singapore: Panel
With uncertainty over how the three-week-long invasion by Moscow of its neighbour might pan out, questions remain over the degree of inflation to expect.
ECONOMIC AFFAIRS
Gold has not lost its lustre in Malaysia
A jeweller interviewed said the war in Ukraine did have an impact on the industry, but people would always be able to make money out of gold.
Duterte nixes suspension of fuel excise tax; approves P200 monthly subsidy to poor families
The Department of Finance said this is a more equitable response to the rising price of fuel rather than suspending excise tax on fuel, which would only benefit “richer…
Japan likely to invoke trigger clause to lower gasoline taxes
The government has already been providing subsidies to oil wholesalers as a temporary measure in order to keep the nationwide average price of gasoline at about ¥172 (US$1.45)…
India’s fresh fruit exports see increase from $516.26 million to $768.54 million
The Mathura and Banaskantha districts in Uttar Pradesh and Gujarat respectively have also been identified as clusters for the export of dairy products.
For one Japanese salaryman, nearly a decade of $4 annual pay rises
Prime Minister Fumio Kishida has urged profitable companies to boost wages at spring wage negotiations, setting a guideline for most other companies.
Luzon’s jeepney drivers find ways to cope with high fuel cost
The problems are worsened by what was described as “excessive” terminal fees and other monthly charges being collected by a private transportation terminal for jeepneys,…
Hong Kong’s financial infrastructure ‘to remain secure during pandemic’
Experts says the fifth wave of Omicron outbreak is a short-term threat to the Hong Kong economy, but it will not affect the city’s financial infrastructure.
Johor merchants missing the tourism ringgit
A trader said the best tourism ringgit value would always come from international arrivals.
Edible oil prices: Bangladeshi consumers yet to reap benefits of VAT cut
The government waived the 15 percent VAT at production and five percent at retail to reduce prices of soybean and palm oils amid an outcry over the spiralling cost of essentials.