Bangladesh slashes rice import tariffs to 25%
The move comes in the wake of a spike in the price of rice even during peak harvesting season amid speculation of crop losses from floods and unfavourable weather.
Policy Matters
Tough economic choices face incoming Marcos administration
As policymakers debate the use of remedial measures to ease the pain of high fuel costs, senior economist Mapa warns against distributions that could aggravate inflation.
More cash aid for Malaysia’s B40 group
The move will benefit over 8.6 million people, comprising four million households, 1.2 million senior citizens, and 3.4 million single individuals.
Hong Kong eyes measures to expedite housing development projects
Proposed measures include streamlining and shortening statutory procedures, avoiding repetitively executing similar procedures.
Mathematicians, firms to help govt solve social issues using AI
The use of AI and big data is spreading rapidly, creating more situations, in fields such as image processing, cryptography and finance, in which mathematical knowledge is…
Japan govt to introduce subsidies to trim farm production costs by 10%
The government is also considering curbing the prices of imported wheat it sells to milling companies in October and later.
Indonesia looks to export chickens to shortage-hit Singapore
Indonesia produces 55 million to 60 million birds per week, with a surplus of around 15 percent to 20 percent after domestic consumption.
Japanese Yen falls to 24-year low
The yen, outside the euro zone, fell over 0.5 per cent to a 24-year low of 135.835 per dollar, continuing to weaken after the Bank of Japan dashed any expectations of a change in…
26,000 provincial bus workers lose jobs due to rising fuel prices
Only 20 to 30 percent of provincial buses are currently operating, with some 26,000 to 28,000 workers, including drivers, conductors, and ticket sellers affected.
Hong Kong’s May inflation up 1.2%
Netting out the effects of the government’s one-off relief measures, the year-on-year rate of increase in May was 1.7 per cent, while price drops were seen for gas and water.