Inflationary pressure INFLATION data for April 2022, which will be the key focus this week, is expected to remain at around 2%. Malaysia’s consumer price index (CPI) in March 2022 rose 2.2% to 125.6 against 122.9 in March 2021, surpassing the average inflation for the January 2011 to March 2022 period which stood at 1.9%. Bloomberg estimates a 2.2% growth year-on-year … [Read more...] about The week ahead – Inflationary pressure, Singapore CPI, GDP, Monetary policy decisions
Phase 10 rules
Two wantan noodles businesses are duking it out in Katong. Both are called "Eng's" but it looks like they won't be that eng ("free" in Hokkien) with the competition each side is serving the other, and with both shops just across the street from each other. The older Eng's Wantan Noodle has to contend with the newer upstart, Eng's Char Siew Wantan Mee . And … [Read more...] about There is a wantan mee rivalry in Katong, 2 Engs competing with each other
Here are the promises for agriculture and food security that presumptive President Ferdinand “Bongbong” Marcos Jr. made during the campaign: 1. He vowed to bring down the price of rice to P20-P30 per kilo using these options: (1) subsidizing the price; (2) having the Department of Agriculture and National Food Authority (NFA) procure rice from local farmers at higher and more … [Read more...] about Agri reality check
Brunei is heavily dependent on its hydrocarbon resource wealth, which provides more than half of the nation’s income. The government has highlighted its concerns about the nation’s oil dependence, which leaves it vulnerable to economic shocks. Brunei sees diversification as integral to its economic development and has outlined plans to reduce oil dependency and develop other … [Read more...] about Moving Away from Oil: How Can Brunei Diversify its Economy?
KUALA LUMPUR: Malaysia’s food inflation is set to stay on an upward path in the coming months amid elevated global commodity prices, domestic supply chain disruptions and depreciation of the ringgit. MIDF Research said Malaysia, as a net food-importing country, is highly exposed to global shocks in the food supply-chain. ALSO READ: Prices of chicken dishes may go up … [Read more...] about Malaysia highly exposed to global shocks in food supply chain