High prices of onion, tomato drove up cost of thali in November
Unseasonal rainfall during November had damaged the onion and tomato crops which led to a shortage of the two commodities in the market and triggered the price rise.
Inflation
Half of young people struggling financially: Seoul
The study revealed that most of Seoul’s youth population first resorted to personal relationships to overcome economic hardships, then turned to resources further afield.
Philippines inflation slows further, moves closer to target
The downtrend in the overall inflation was primarily brought about by the lower year-on-year growth rate of the heavily-weighted food and non-alcoholic beverages at 5.7 per cent,…
Inflation fell slightly in Bangladesh last month
Inflation in rural areas went down by 37 basis points to 9.62 percent. In urban areas, it fell by 56 basis points to 9.16 percent.
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…
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…