India agrees to sell rice to Malaysia
India is responsible for 40 per cemt of the world’s rice exports, and has approved the export of 170,000 tonnes of non-basmati white rice to Malaysia on Oct 18.
Inflation
Inflation concerns rise as India extends ban on sugar export
The restriction is likely to fuel prices of sugar in the international market further, affecting Bangladesh as the country meets 98 percent of its required 20 lakh tonnes through…
Indonesia to cut garlic imports by 40% next year
The decision was taken by the Agriculture Ministry in an effort to encourage domestic production.
Beef prices have soared 100-fold over 50 years: data
According to data compiled by the Korea Price Research Center, a 1 kilogram cut of Korean beef that would have cost 1,366 won in 1974 now costs 145,900 won.
Egg and chicken prices may go up in Malaysia
On October 13, PM Anwar Ibrahim, when announcing Budget 2024, said the temporary ceiling price imposed on chicken and eggs will be lifted to allow market forces to ensure supply.
Enhancing food security, reducing govt subsidies key issues for Malaysia’s 2024 budget
The government is studying how to implement targeted subsidies. Ideas include giving special petrol discount cards to the bottom 40 per cent of income earners and the next-tier…
Inflation: Behind the numbers are real people struggling to make ends meet
Economist Sonny Africa, pointed out that the sentiment of most Filipinos is “understandable,” especially because their wages are not keeping up with the rise in prices of…
Global rice price shock and food security in ASEAN
Inward-looking or protectionist measures can exacerbate crisis conditions, notes the writer.
3 Essential Commodities: Price caps prove a total failure in Bangladesh
Government agencies raided kitchen markets numerous times across the country, but the retail and wholesale prices stayed way above the limit set by the agriculture ministry on…
Inflation may reach 15% in Mongolia next year due to expansion of budget expenditures
A strict monetary policy is the only choice when the large expansion is made to the State budget. This means that the Bank of Mongolia will implement a strict policy in order to…