Nearly 500,000 Bangladeshis to become extremely poor for higher inflation: World Bank
The Washington-based lender said that economic conditions deteriorated in FY23 as inflation accelerated and the Balance of Payments deficit widened.
Inflation
Indonesia’s inflation rises above 3 percent as Ramadan begins
Experts saw the surge in inflation as temporary, and attributed the hike to seasonal demand picking up during Ramadan and ahead of Idul Fitri.
Higher electricity prices in the Philippines forecast until May
The higher projections come as a result of increases in demand across the archipelago peaks during the summer months through May.
Ramadan price surge: the same old story?
Despite strict surveillance by magistrates to control price hikes and adulteration of food, this Ramadan, like always, traders are doing everything against the law.
Diesel subsidy to end, prices may rise as fuel fund bleeds red: source
Among the measures under consideration are raising the cap on the retail price of diesel from today’s 30 baht per litre, and increasing an excise tax cut on diesel fuel from the…
Malaysian hawkers forced to scale up prices as costs triple
Hawker Mimi, 58, said that although the cost of raw materials has increased tremendously, she has not had the courage to raise her food prices too much. She said that over the…
3.9% March inflation seen: Philippine central bank
At the moment, the central bank is still concerned about higher transport charges and electricity rates, as well as costlier oil and domestic food prices. The central bank is also…
It’s nice to see a price drop
Aside from the more affordable imported white rice, PM Anwar also wants authorities to conduct regular monitoring and enforcement to ensure sufficient supply of local white rice…
Why do high prices persist despite government steps?
Without guaranteeing adequate supply based on proper assessment of demand and active monitoring, price control measures are not going to bear fruit.
37.7 million suffered food insecurity in Bangladesh last year
This implies a high probability of reduced food intake, and it can lead to severe forms of undernutrition, according to a recent report by Bangladesh Bureau of Statistics.