IMF urge cooperation for recovery
The IMF managing director urged ASEAN leaders to invest in international cooperation as well as growth-enhancing reforms to fully recover the economy.
Inflation
Digital wallet scheme to boost Thailand’s cash flow to over 2 trillion baht
Under the scheme, all Thais aged over 16 will receive a one-time payment of 10,000 baht in digital money.
Japan’s scallop, sea cucumber prices drop after China’s import ban
Declining seafood prices are noticeable in other regions as well.
Compliance with rice price ceiling still low
Several retailers were noticeably closed during inspections and price monitoring operations, with merchants saying some of them were contemplating closing their shops until the…
South Korea’s monetary, budget tightening policies ‘right’: IMF
South Korea has been seeking to enforce tighter fiscal rules that center on capping the deficit at 3 percent of the country's gross domestic product.
Indonesia’s inflation rises in August after five months of decline
The annual consumer price index rose markedly due to higher inflation in the transportation category, as well as food, beverages and tobacco.
Philippine fuel prices to increase by up to P1.20 per litre starting Sept 5
The Department of Energy explained that the price increases would likely persist for a few more weeks as demand steadily grew while supply remained low.
House sets P2 billion aid to ease impact of rice price cap
The country’s biggest business organisation also appealed to consumers not to panic since there is enough supply of rice in the local market.
‘Economy rice’ no more: Malaysia restaurant owners looking to raise prices amid increasing costs
Malaysia is not the only country facing a price hike in rice. Other key exporting countries, including Thailand and Vietnam, have seen prices going up by around 20 per cent.
Two panels formed to probe high egg, chicken prices in Bangladesh
In an unprecedented scene in Bangladesh, the price of a dozen farmed brown eggs matched that of one kilogram of broiler chicken in August, further denting the wallets of fixed and…