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.
Inflation
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…
Global latex prices impact exports in first 7 months of 2023
Declining global latex prices resulted in a 10.9 per cent drop in value to $230 million from $257 million in Cambodia’s latex and rubber wood export revenue.
Surging fuel and energy costs are devastating the working-class and salaried households
Unable to cope with the rising cost of living that is exacerbating inequalities in society, many are ready to risk their lives to leave this country.
Inflation fears grow on high fuel costs
While inflation in Korea has been easing off this year, the Finance Ministry expects it to climb back, reaching the 3 per cent range before coming down again in October.
Thai rice price surges on India, Myanmar export bans
Traders are closely watching India's decision on which countries it will sell rice to, as this will impact global rice prices.
PM Kakar seeks plan for reduction in high electricity bills within 48 hours
A day earlier, protests were held in cities across the country, due to exorbitant electricity bills on the back of a significant increase in the national average tariff.
Bank of Korea extends rate pause amid mounting US, China pressure
Bank of Korea governor Rhee Chang-yong further maintained a hawkish stance, announcing that the board decided to keep the terminal rate at 3.75 percent for the time being for…