Why meat prices are rising despite surplus production
Despite a surplus in meat production, consumers in Dhaka city had to pay 10 per cent higher prices for broiler chicken meat and 15.04 per cent higher prices for beef yesterday…
Inflation
Keeping Philippines fed: More rice imports loom, but at higher costs
El Niño and the damage left by Typhoon Egay have become a key concern of President Marcos, who said the Philippines would have to import rice again.
Why tomatoes have become so expensive in Nepal
A tomato scarcity in India has sent prices soaring to unreal heights, and Nepali traders are scrambling to export their stocks.
Indian rice export ban may cause rice price hike in Hong Kong
Following the ban, Thailand and Vietnam, the world’s second and third-largest rice exporters respectively, have also raised their rice prices
Bangladesh sees no respite from high inflation
Last month, food inflation edged up 3 basis points to 9.76 per cent, while non-food inflation shed 13 basis points to stand at 9.47 per cent.
Hiring Indonesian helpers expected to cost more in Hong Kong
It would amount to around HK$20,000 for hiring a helper from Indonesia, up from over HK$10,000.
More Filipinos experienced hunger during the 2nd quarter of 2023
The rise in overall hunger rate is due to the increase in the number of times Filipinos were deprived of food in Metro Manila and nearby provinces.
Oil price rises to severely impact Cambodian businesses
The president of Logistics and Supply Chain Business Association in Cambodia said the rising oil prices in international markets would impact all production chains.
Filipinos’ incomes rising but gender disparity still glaring
Online payment platform Taxumo found that women are lagging behind men, while cities outside the National Capital Region are way behind Metro Manila.
South Korea’s consumer inflation falls to 25-month low
The Bank of Korea predicts inflation to rebound from August, coming in at 3 per cent by year-end.