A customer browses supermarket shelves in Bangkok. Global food prices are surging. Photo: Reuters
A customer browses supermarket shelves in Bangkok. Global food prices are surging. Photo: Reuters
Asean

‘Inflation jihad’, cash handouts: Can Singapore, Malaysia and other Asian countries soften the blow of rising prices?

  • Indonesia’s flirting with a wider budget bill to boost subsidies, while Malaysia has launched a ‘Jihad Against Inflation’ task force to tackle the crisis
  • Singapore’s confident it can keep inflation in check, but analysts warn the Philippines may tip into recession – as Thailand looks to tourism to save the day

A customer browses supermarket shelves in Bangkok. Global food prices are surging. Photo: Reuters
A customer browses supermarket shelves in Bangkok. Global food prices are surging. Photo: Reuters
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