Blanket fuel subsidies in Malaysia to be removed
Economy Minister Rafizi Ramli said those in the top 20 income group were receiving 53% of blanket fuel subsidies, which was unsustainable and unequitable.
Economy Minister Rafizi Ramli said those in the top 20 income group were receiving 53% of blanket fuel subsidies, which was unsustainable and unequitable.
According to a recent report, the high prices are a result of the high cost of paddy production, attributed to the increased costs of seeds, fertilisers, irrigation, labour, and…
Officials have said the positive rate of inflation is primarily due to an increase in prices of food articles, electricity, crude petroleum & natural gas, machinery & equipment…
Economists said escalating tension in the Middle East could affect Bangladesh's economic outlook and called upon the government to carefully manage the economy to ease the…
According to Bank of Korea's Gov. Rhee Chang-yong, the core inflation is slowing down as projected, but it is moving in a different direction from that of the headline inflation…
Experts blame a perfect storm of factors including cold spring weather, heavy summer rains, and crop diseases for the production downturn, driving prices to unprecedented levels.
The World Bank said around half a million people in Bangladesh likely fell into extreme poverty between the fiscal years 2022-23 and 2023-2024 due to the erosion of purchasing…
Nepali traders attributed the food price hike to the upcoming general elections in India. Traders said that given Nepal’s dependency on India, any protectionist policy adopted…
President Yoon's comments about the price of green onions during a visit to a hypermarket has prompted controversy, where the opposition party has even criticised him of being…
Food prices increased by 6.08 percent and non-food prices by 3.22 percent in February this year compared to February of last year.