Lockdowns of large Chinese cities will disrupt the industrial supply chain for electronics and electric appliances, The National Economic and Social Development Council predicts.
The Yoon government is expected to use at least 33 trillion won for the pandemic relief.
The move further tightens a market already on edge due to the war in Ukraine and global warming. Prices of palm, soybean, European rapeseed and even its Canadian GMO counterpart,…
They met on Monday (April 25) to confirm their efforts to strengthen international unity.
The relief package will consist of steps to deal with rising prices such as subsidies to gasoline wholesalers and cash payouts to low-income households.
Jokowi had said that exports of cooking oil and its raw material would be banned, but did not mention details.
The proposals include studying the feasibility of reducing bureaucracy, streamlining investment initiatives, better management of foreign labour, among others.
He said the proposed law was aimed at ensuring that the nation's young did not end up as cigarette smokers or vaping on nicotine devices.
The country plans to build a batch of warehouses at the suburbs of large and medium-sized cities to ensure the supply of daily necessities in case of emergencies.
The scheme allows citizens to contribute up to 12,000 yuan annually to individual pension accounts subject to closed-end management.