Soaring onion prices leave Bengali middle class teary-eyed
A late arrival of supply, coupled with hindrances in truck movements, are putting a burden on Bengali households.
Inflation
Pakistan’s state bank keeps policy rate unchanged at 22% ahead of IMF review
The decision to keep the interest rate unchanged by the central bank’s Monetary Policy Committee came after government data showed September consumer inflation hit another high…
Chicken subsidy removal: Savings to be used for more socio-economic, welfare initiatives, says ministry
Malaysia's Agriculture and Food Security Ministry said if a sudden price increase occurs due to supply shortages, it is prepared to import chicken from foreign sources to ensure…
Bangladesh’s onion prices jump overnight
The increase came after India decided to impose a floor price on onion exports in a bid to discourage outbound shipments.
Stronger rupee fails to bring down Pakistan’s retail prices
The only instant price relief consumers have received is in sugar rates, thanks to an effective crackdown on sugar mafia, hoarders and smugglers.
Take fiscal measures to address inflation: South Asian Network on Economic Modeling
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…
High inflation to persist in Bangladesh: World Bank
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 agrees to sell rice to Malaysia
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.
Inflation concerns rise as India extends ban on sugar export
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…
Indonesia to cut garlic imports by 40% next year
The decision was taken by the Agriculture Ministry in an effort to encourage domestic production.