Analysts warn the price increases could encourage better-off consumers to switch to products meant for lower-income households.
Indonesia’s central bank holds as Middle East risks dim outlook
Indonesia’s central bank held interest rates steady again as the fallout from the war in the Middle East casts a shadow over the economic outlook.
Thailand can borrow $15.55 billion by October without raising debt ceiling, minister says
BANGKOK, April 22 (Reuters) - Thailand's government has room to borrow up to 500 billion baht ($15.55 billion) by October without raising the public debt ceiling, its finance minister said on ...
Bitcoin Races To $80,000 As Trump Extends Iran Ceasefire: Here Are Other Factors Driving The Rally
Bitcoin climbed above $79,000 after Trump extended the Iran ceasefire, boosting risk assets across equities and crypto markets.
Vietnam accelerates green finance integration with global markets
Vietnam is accelerating efforts to integrate green finance, as experts highlight both opportunities and challenges for small and medium-sized enterprises (SMEs) in securing capital, building ...
Japan’s financial watchdog to meet top banks to discuss Mythos AI model
TOKYO, April 22 (Reuters) - Japan's financial watchdog will meet with the country's biggest lenders on Friday to discuss issues related to Anthropic's advanced Mythos artificial intelligence model, ...
Indonesia finance minister floats, then backs off on Strait of Malacca levy
Indonesian Finance Minister Purbaya Yudhi Sadewa stressed that Indonesia would not seek to monetise international shipping routes simply because it can do so. - Photo: Reuters JAKARTA: Indonesia’s ...
Domestic workers legally recognised in Indonesia after ’22-year struggle’
The country is home to some 4.2 million domestic workers - of which almost 90% are women.
The Iran Talks Are Making India Feel Small
Indian Prime Minister Narendra Modi has spent the past decade promoting the notion that India is the leader of the global South and, as such, is indispensable to world affairs. Now a conflict in the ...
Hong Kong property investment soars on lower funding costs, rising demand
Hong Kong’s commercial property market draws US$1.6 billion in the first quarter, driven by office, retail and hotel demand amid lower Hibor rates. ( read original story ...)