The South Asian Network on Economic Modeling has suggested Bangladesh's finance ministry to lower taxes on imported goods as it would directly impact prices in the domestic…
The high inflation may gradually subside, as import prices stabilise over the medium term, said Abdoulaye Seck, country director of World Bank for Bangladesh and Bhutan.
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.
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…
The decision was taken by the Agriculture Ministry in an effort to encourage domestic production.
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.
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.
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…
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…
Inward-looking or protectionist measures can exacerbate crisis conditions, notes the writer.