Interim Pakistan government hikes petrol, diesel prices by up to Rs20
The new prices were notified by the Finance Division, which said petroleum prices in the international market had increased during the last fortnight.
Inflation
Korea considers extending fuel tax cuts amid surging prices, high inflation
Currently, a 25 per cent discount is provided for the consumption of gasoline, and a 37 per cent discount is given for the consumption of diesel and liquefied petroleum gas butane.
Indonesian food and beverage industry mulls price hikes as sugar costs soar
The price of refined sugar on the world market hovered at about 0.53 US cents per kilogram on August 14, up more than 26 per cent from the same period last year.
Philippine oil firms hike pump prices by up to 2.50 Philippine peso per litre
According to Rino Abad, director of the Department of Energy Oil Industry Management Bureau, this was still due to the cut in daily outputs in Saudi Arabia.
South Korea expands welfare services for middle-class households
Young people aged 13 to 34, who are caring for or financially supporting family members with severe ailments, and people aged 40 to 64, who are socially isolated due to illness or…
Indonesia eases foreign home ownership, but only for high earners
The new regulation stipulates a foreigner is only allowed to have one plot of land with a surface area that does not exceed 2,000 square meters for a landed house.
Drought pushes up Thailand’s wholesale price of rice
Thai Rice Exporters Association president Charoen Laothammatas said this year could be a good year for farmers as the price of paddy has risen sharply.
China faces no deflationary risk as demand, confidence recover
Despite challenges at home and from abroad, China's economy has sustained growth momentum with market demand and business confidence moving on a recovery trajectory, according to…
Thailand’s inflation lowest in South-East Asia
Thailand’s inflation rate is the lowest among the seven Asean countries that have announced their rates, with inflation for the whole year expected to range between 1 per cent…
Tomatoes now costlier than apples in Bangladesh
Visiting different kitchen markets on Wednesday, the correspondent witnessed that tomatoes of premium quality are being sold at Tk300 per kg, while apples are sold at Tk. 270 to…