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Thailand’s retail confidence dropped to 46.6 in July, driven by an 8.1-point plunge in spending per transaction, signaling reduced household purchasing power despite stable shopping frequency. Consumers are prioritizing essentials and shifting to cheaper…
From June 11, all Singaporean households will be eligible to receive S$500 (US$380) in Community Development Council (CDC) vouchers. This initiative is set to ease the financial burden of living costs for approximately 1.38 million households across the…
In an effort to alleviate the burden of rising living costs due to the ongoing Middle East conflict, FairPrice Group, a leading supermarket operator, has announced a price freeze on 100 of its most frequently purchased daily necessities. This freeze, set to…
Hong Kong was dethroned as the costliest city for expatriates, according to a recent survey by Mercer, after holding the top rank for three years in a row. Ashgabat, the capital of Turkmenistan, was ranked as the costliest place for expat living, according to…
Asia’s most expensive city for high net worth individuals is no longer Hong Kong. Both Shanghai and Singapore have overtaken it, with property costs alone pushing it beyond capital cities across the region. Wealth Report Asia, published annually by financial…
Supplies of shallots and chili, staple ingredients in Indonesian meals, are often low during the rainy season, propping up the prices index, said Sasmito Hadi Wibowo, the deputy of goods and services distribution at the Central Statistics Agency (BPS). Beef…
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