Cost of Living

Canada's consumer price index rose by 3.1 per cent in the year up to October, down from 3.8 per cent the previous month but in line with what economists were expecting.Statistics Canada reported Tuesday that the biggest reason for the…

The Current18:56Why Tiff Macklem won’t rule out more rate hikesBank of Canada Governor Tiff Macklem says he knows aggressive rate hikes have caused financial hardship for many Canadians, but he can't say when those rates will come down…

The global economy must steer through a precarious recovery this year and next as inflation keeps dragging on household spending and higher interest rates weigh on growth, banks and markets. That was the takeaway Wednesday from the…

Mumbai ranks among the most expensive cities in India for accommodation rentals, closely followed by New Delhi and Bengaluru, according to Mercer’s 2023 Cost of Living survey released today.The other surveyed cities — Chennai, Hyderabad,…

2:35 Food inflation: Rising prices make eating healthy a struggle for low-income Canadians…

PSP argued that high land cost is the reason for high BTO prices in mature housing estates. It said that the Government could further lower the BTO prices if HDB could purchase land from the state at historical prices.  The Government…

POSTAL OR COURIER IMPORTS OF LOW-VALUE GOODS The convenience of online shopping has seen many of us buy goods from overseas marketplaces, for which no GST was payable if the value of the goods imported via post or courier did not exceed…

ABSORBING GST “AS LONG AS IS ECONOMICALLY VIABLE”  Apart from FairPrice, other retailers have offered promotions to help customers offset the GST hike, or chosen to absorb the GST increase whether temporarily or indefinitely.  Convenience…

As 2022 comes to an end, Canadians seem to have an “improved, but uneven outlook on the country and the world” compared to the last two years, according to new polling that paints a picture of lingering pessimism about a “hot mess” of…

TOKYO: Bank of Japan (BOJ) Governor Haruhiko Kuroda on Monday brushed aside the chance of a near-term exit from ultra-loose monetary policy but voiced hope that intensifying labour shortages will prod firms to raise wages. Kuroda said the…