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Asean News Headlines as at 10pm on Tuesday (May 17)
News highlights from Asean countries in the Star-AseanPlus section for Tuesday (May 17)
Indonesia to hike subsidy to soften blow of inflation
JAKARTA (The Jakarta Post/Asia News Network): Finance Minister Sri Mulyani Indrawati is ready to increase budget spending to protect consumers – and Indonesia's economic recovery – amid surging inflation.
Why Indonesia's palm oil export ban has not cooled cooking oil prices
JAKARTA (Reuters): Indonesia, the world's biggest palm oil exporter, has since April 28 halted shipments of the edible oil in a bid to flood the domestic market with supplies to control the soaring prices of cooking oil.
Flight health protocols must be consistent, simpler to aid aviation recovery, says Dr Wee
PETALING JAYA: Health protocols for flights must be consistent, simpler and predictable to ensure smooth and full recovery in the aviation industry, says Datuk Seri Dr Wee Ka Siong.
Indonesian farmers protest against rising cost of palm oil export ban
JAKARTA (Reuters) -Hundreds of Indonesian smallholder farmers on Tuesday staged a protest in the capital Jakarta and in other parts of the world's fourth most populous country, demanding the government end a palm oil export ban that has slashed their income.
Jokowi’s rating hits six-year low as prices rise
Indonesian President Joko Widodo’s (pic) approval rating has hit a six-year low amid dissatisfaction over soaring cooking oil prices and the perceived failure of an export ban to swiftly reduce the rising cost of goods, a new poll showed.
Full-year GDP target of 5.3% to 6.3% achievable
Finance Minister Tengku Zafrul says the country’s growth is on a firmer footing based on higher domestic and external demand among others.
Wheat soars as New Delhi restricts exports
NEW DELHI: Wheat jumped by the exchange limit after India’s move to restrict exports, exposing just how tight global supplies are after the war in Ukraine and threatening to drive up food prices even more.
Malaysia, Indonesia commit to resolve airspace issue
PETALING JAYA: Malaysia and Indonesia have expressed their commitment to resolve the long-standing airspace issue between the two neighbouring countries, says Datuk Seri Dr Wee Ka Siong.
Food sellers and bakeries struggling to keep prices low amid growing cost pressures in Singapore
Food sellers and bakeries here are struggling to keep prices of their goods affordable amid mounting pressure on their operating costs.