As the war in Ukraine pushes up wheat prices and a weaker peso raises the cost of imported edible oil, many Philippine bakers are shrinking the size of a popular breakfast roll to cope with higher inflation. The slightly sweet and pillowy soft “pandesal”, which Filipinos often dunk in coffee or stuff with cheese, used […]
Read MoreVietnam has surpassed the Republic of Korea to become the world’s sixth largest fibre and yarn exporter after shipping abroad 2.37 billion USD worth of these items in the first five months of 2022. The revenue increased 10% from a year earlier, according to the Vietnam Cotton and Spinning Association (VCOSA). Meanwhile, textiles and garments, fibre, […]
Read MoreThe export of agricultural products, especially fresh fruits, has become an important part of the improving of the living standards of farmers and promote national economic growth. Cambodia has seen an increase in fruit exports to China under the Cambodia-China Free Trade Agreement. In recent years, especially in 2021, agricultural cooperation between Cambodia and China […]
Read MoreSINGAPORE’S core inflation hit 4.4 per cent in June – up from 3.6 per cent in May, and the first time that it has breached the 4.0 per cent handle since end-2008. Meanwhile, headline inflation – which includes accommodation and private transport costs – surged to 6.7 per cent, from 5.6 per in May, according […]
Read MoreLow-income workers in Laos are struggling as goods and commodity prices reach their peak of the year. Vientiane Times reports that the price of goods produced domestically has increased by 15.9 percent over the past year. The year-on-year inflation rate hit 23.6 percent, the highest figure ever recorded since May 2000. Authorities say the rising prices of […]
Read MoreBANDAR SERI BEGAWAN: Brunei Darussalam Central Bank (BDCB) expects the country’s inflation to remain low despite the global price hike caused by geopolitical tension. According to the BDCB’s semi-annual policy statement released on Saturday on its website, the BDCB noted that the International Monetary Fund had revised its 2022 global growth forecast from 4.4 to 3.6 […]
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Thailand
