People’s income has not risen in line with inflation: Bangladesh planning minister
He also claimed that the current inflation is actually good for Bangladesh.
ECONOMIC AFFAIRS
South Korea sees inflation expand on hikes in public utility bills
Amid the global inflationary pressure during the normalization process from the Covid-19 pandemic, Korea’s consumer prices marked record-making growth this year.
TEPCO mulls household rate hike
Five other major power utilities are also considering similar price hikes, in the face of deteriorating business performance due to surging fuel prices and the yen’s weakening.
Ringgit estimated to drop to RM3.35 to RM3.45 range against Singdollar
The ringgit is also likely to hit 5.00 against the US dollar, its record low, in the next six months.
Gas price hike: Source taxes add to plight of Bangladesh consumers
Gas prices were hiked last June with everyone from gas stove users at homes to large factories having to pay a lot more.
Inflation surprisingly drops as food prices cool down
Indonesia has so far been spared the much-faster increase in consumer prices experienced in many developed economies.
Over 800 food items carry higher price tags in Japan from November
On Nov 1, major dairy firms will implement price hikes for milk and dairy products due to higher raw milk prices amid surging feed costs.
Malaysia needs to fix foreign labour shortage: National Recovery Council
Labour-intensive industries such as the manufacturing, tourism, construction and retail sectors, were also affected by the labour shortage issue.
Inflation, lack of children’s support and pension: reasons why more Korean retirees work: Bank of Korea
According to an analysis on factors of rising employment rate among seniors, the tally for employed people aged 60 or over increased by 2.66 million during the period of…
PM Shehbaz announces Rs1,800 billion agriculture package to facilitate loans, inputs
He also said that 1.2 million bags of certified seeds worth Rs13.2 billion would be distributed among the farmers.