Malaysia’s vegetable prices expected to soar due to continuous rain
The Malaysian Meteorological Department forecast that the rainy season would continue for the next few months.
The Malaysian Meteorological Department forecast that the rainy season would continue for the next few months.
Thousands of police were deployed across Jakarta, many guarding gas stations, fearing those could become targets of mounting anger.
He noted Singapore was the second-highest source of overseas Filipino workers remittances in 2021, generating around $2.2 billion.
He further indicated that the central bank’s monetary policy, going forward, will be “watchful, nimble-footed and calibrated”.
Combined with industrywide risks, the increasing competition posed by Chinese entities is stoking fears of a downturn that could last more than two years.
Finance Secretary Benjamin Diokno also said said that the economy has already recovered and is now back to where it was before the pandemic.
A senior economist said the economy is slowly recovering from a widespread outbreak of Covid-19 in the first half of the year, though it remains under pressure.
A food and beverage operator said there was a significant increase in customer volume when the Malaysian borders reopened in April.
President Joko "Jokowi" Widodo said the decision to adjust fuel prices was a difficult one and was his "last option".
Previously, the government had announced a slashing of export levies for all palm oil derivative products until Aug 31 to boost exports and ease high domestic inventories.