152 stories in this topic
Mooncakes, a beloved traditional treat during the mid-autumn festival, have seen a noticeable rise in price this year. The increase, ranging from 3 to 20 percent, is attributed to heightened costs for ingredients, labor, and packaging. As a result, consumers…
On Thursday afternoon, fluctuations in global rates resulted in a decrease in gasoline prices and an increase in diesel prices. The popular gasoline variant, E10 RON95, saw a 2.01% drop pricing it at VND20,000 (US$0.76) per liter. Diesel Prices Rise as…
Over the years, durian growers in Malaysia have been increasing production levels to meet the rising demand from China. This surge in demand has resulted in an abundance of the fruit, causing a significant drop in prices. Malaysia, renowned for its prized…
In Vietnam, gasoline prices experienced a minor decrease on Thursday amidst the ongoing global price instability due to the uncertainties surrounding the peace talks between the U.S. and Iran. E10 RON95, a commonly used fuel, saw a 3.73% drop, bringing its…
The Australian government has announced plans to further alleviate the financial strain on motorists impacted by the ongoing conflict in the Middle East. The Prime Minister, Anthony Albanese, is expected to confirm that the nation’s petrol price relief…
In Vietnam, the price of gold took a hit on Wednesday morning, coinciding with a global decrease in bullion rates. Saigon Jewelry Company, a prominent gold dealer, experienced a 0.32% drop in the price of their gold bars. This translated to a new rate of…
Dragon fruit farmers in central and southern Vietnam are faced with declining prices due to an oversupply and reduced demand for their produce. Farmers are being forced to sell their crops at prices far below their cost of production, resulting in significant…
On Wednesday, gold prices in Vietnam witnessed a decline, following a similar downtrend in global bullion rates. The price of gold bars offered by Saigon Jewelry Company (SJC), a major Vietnamese gold retailer, fell by 0.92%, hitting VND162 million…
Even as the cost of raw materials rises, food service operators in Johor, the southernmost state of Malaysia, have not yet increased their prices. However, if the Middle East conflict continues, these increases may become unavoidable. Adapting to Rising Costs…
The escalating tensions in the Middle East have disrupted fuel supply chains, leading to a rise in average domestic airfares by 15-20%. This has resulted in airlines discontinuing their low-cost options. Demand and Supply Imbalance The disruption has severely…
In Malaysia, the locally adored fruit known as Mangosteen, often referred to as the “queen of fruits,” is becoming more costly than durians due to a shift in agricultural trends causing a decrease in supply. Prices for the locally cultivated Mesta variety of…
On Thursday, diesel prices in Vietnam experienced a significant drop of 5.8%, reaching VND31,040 (US$1.18) per liter. This is the lowest price point for diesel since March 20. Conversely, gasoline prices saw a minor increase. The most commonly used fuel,…
Meituan, the leading food delivery company in China, reported its second consecutive quarterly loss, slightly missing revenue growth forecasts. This comes after a year of aggressive, subsidy-intensive competition in China’s one-hour delivery market. Meituan’s…
In a surprising turn of events, gasoline prices in Singapore have seen a drop for the first time in nearly three weeks. Shell, one of the leading retailers, has become the pioneer in cutting its rates. As of Wednesday afternoon, Shell was selling 95-octane…
As the conflict in Iran intensifies, both consumers and businesses across Asia are bracing for a potential crisis. The war is causing a squeeze in oil and plastics supplies, leading to an increase in prices on a broad range of products, from ramen noodles to…
In a notable development, gasoline prices in Vietnam saw a significant drop ranging from 6.47% to 18.8% late on Thursday. The widely used RON95 fuel recorded the highest decrease of 18.8%, reducing its price from Wednesday to VND24,330 (equivalent to US$0.92)…