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Food prices

Philippines hits onion cartel with record fine for price surge

The Philippine Competition Commission found six firms and their officers liable for “participating in an onion cartel that engaged in an illegal market allocation scheme”.
The Philippine Competition Commission found six firms and their officers liable for “participating in an onion cartel that engaged in an illegal market allocation scheme”.

World food prices near four-year high in September, UN says

The FAO Food Price Index, which tracks monthly changes in international prices for a basket of food commodities, averaged 136.0 points in September.
The FAO Food Price Index, which tracks monthly changes in international prices for a basket of food commodities, averaged 136.0 points in September.

Shoppers can get cheaper chicken and eggs at FairPrice supermarkets until Dec 31

The discount applies to selected eggs and frozen chicken, and customers can buy up to two of each product.
The discount applies to selected eggs and frozen chicken, and customers can buy up to two of each product.

Japan to face price hikes on over 3,000 food items in October

The expected increases extends to dining out and leisure as well as utility bills.
The expected increases extends to dining out and leisure as well as utility bills.

Lindt to cut prices as chocolate demand weakens in key markets

The Swiss company is cutting prices for its Christmas offerings and plans to lower them across the board starting from January.
The Swiss company is cutting prices for its Christmas offerings and plans to lower them across the board starting from January.

Japan veers from rice shortage to glut, dealing blow to farmers

Farmers, who depend on rice for livelihood, face challenges such as weather extremes, rising costs for machinery and lower prices for their product.
Farmers, who depend on rice for livelihood, face challenges such as weather extremes, rising costs for machinery and lower prices for their product.

In Brazil, frustration over cost of living undermines Lula's reelection bid

Brazilian President Luiz Inacio Lula da Silva, a candidate for reelection for the Workers' Party (PT), announces a national ban on the operation of online betting companies, known locally as \"bets\" and other economic measures aimed at protecting families and working-class households, in Sao Paulo, Brazil, September 25, 2026. REUTERS/Amanda Perobelli
Brazilian President Luiz Inacio Lula da Silva, a candidate for reelection for the Workers' Party (PT), announces a national ban on the operation of online betting companies, known locally as \"bets\" and other economic measures aimed at protecting families and working-class households, in Sao Paulo, Brazil, September 25, 2026. REUTERS/Amanda Perobelli

Food prices present fresh risk for global bonds after sell-off

Analysts say countries with a higher proportion of food in their CPI basket are especially vulnerable to negative weather patterns.
Analysts say countries with a higher proportion of food in their CPI basket are especially vulnerable to negative weather patterns.

Nestle CEO says Middle East conflict driving inflation, higher supplier costs

In addition to raising prices, Nestle also said it is reformulating products.
In addition to raising prices, Nestle also said it is reformulating products.

Redistributing surplus food from hawkers among MP suggestions to reduce waste

During the debate, 12 MPs highlighted their proposals to enhance food resilience in Singapore.
During the debate, 12 MPs highlighted their proposals to enhance food resilience in Singapore.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.