Farmers feel the pinch of reduced prices of beef in Bangladesh
Falling demand in the face of stubborn inflation and an increased supply of domestically-reared and smuggled cattle are reasons behind the recent decline in prices of beef at both…
Inflation
Four months into the fiscal year, Gorkha villages finally get rice
Every year, the northern settlements of Gorkha including Chhekampar, Chumchet, Sirdibas, Lho, Prok, Bihi and Samagaun often reel under food shortages.
PM Srettha rejects electricity tariff hike proposal
The Energy Regulatory Commission is expected to meet again in January to discuss the government’s decision., though it is unclear whether the commission will agree to suspend…
Hong Kong fifth most expensive city in the world: Economist Intelligence Unit
In its Worldwide Cost of Living 2023 report, the unit also cautioned that the global cost-of-living crisis was not yet over.
‘New wage plan is voluntary’: Malaysia’s economy minister
Minister Rafizi Ramli said that companies registered under the progressive wages programme will be given cash incentives by the government.
Bank of Korea holds key rate steady, cuts 2024 growth outlook
The Bank of Korea’s hawkish stance partly stems from Korea’s snowballing household debts. Despite the high rates, the outstanding household credit for the third quarter…
Close cooperation among agencies will prevent overlapping efforts to eradicate poverty: PM Anwar
According to PM Anwar, AIM's record in assisting the poor has enabled the government to place trust in the agency by allocating RM100mil to ensure that many targeted groups…
Power bills to go up from Jan as Thai energy agency agrees on fuel tariff hike
Authorities said the new fuel tariff rate had been approved after the commission took into account the impact on the people. They explained that if the FT were not raised to…
Bangladesh’s banks appreciate taka further against US dollar
Bankers decided to cut purchase and selling rates of the US dollars by more Tk 0.25 per dollar from next week to signal to the market that the USD rate would not always rise…
Market traders bemoan ‘abnormal’ food price increase
Trade Minister Zulkifli Hasan said policies were in place to control food inflation, including the possibility of punishing interim regional leaders.