Price capping a windfall for syndicates?
Every time the government tried to fix the price of a good or service, it unwittingly ended up offering a financial bonanza to the market syndicates.
Inflation
Bank Indonesia sticks with inflation forecast despite high rice, oil prices
The central bank has a mandate to keep annual consumer price index growth in the range of 2 to 4 per cent this year. It estimates that the rate will fall right between those…
We can taste the difference, say Malaysian rice lovers
Many consumers prefer sticking to the familiar taste of imported white rice despite the increased price of imported white rice nationwide in line with current global market prices.
Philippine government eyeing other options besides rice price cap amid rising costs
According to National Economic Development Authority, reducing tariffs on imports could cushion the blow of rice prices.
No signs of deflation seen amid China’s recovery
Price levels are likely to continue to improve and reach close to the annual average as market demand recovers while the unfavorable base effect fades.
PM Hun Manet calls for 3-month trial of lower electricity tariffs
PM Manet said the lowering of the cost need not be for all enterprises, just a few, “especially industries, enterprises and agricultural sectors that produce a lot and use a lot…
Imported rice to be sold at subsidised rates in Malaysia: Minister
The acting minister of The Domestic Trade and Cost of Living Ministry, Datuk Armizan Mohd Ali, stated that the initiative is aimed at increasing sales and supply of rice.
President Marcos says P20/kilo rice possible: ‘There’s always a chance’
President Marcos assured the public that the government is exhausting all remedies to ensure that rice prices in the market are affordable to the Filipino people, especially the…
Rice supply issues to be resolved soon: Malaysia agriculture minister
The Agriculture and Food Security Minister added that the country has enough rice for up to five months and that the government has launched a programme to increase stockpiles of…
Despite rising prices, gold jewellery sales soar as peak season nears
This trend is likely the result of factors like yuan depreciation, need for safe-haven assets and the upcoming traditional wedding season, according to experts.