Weddings Shrink Across Southeast Asia

Kuala LumpurA Jakarta couple held their wedding at a ministry office.

Caterers, wedding planners and dress hirers across the region are losing business as spending shrinks.

Brent crude stood at $111 a barrel on 23 October, up 1.3% in a week, as the energy crisis feeds inflation.

Newlywed Annasa Rizki Kamalina said a lavish celebration would not be a “wise decision” now.

Polymarket traders give a US-Iran Hormuz agreement by 2 November a 6% chance, down 2 points.

Sources: Nikkei Asia