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Sri Lanka raises rates to rein in imports, curb inflation
COLOMBO: The Sri Lankan central bank raised interest rates yesterday, as expected, shifting its focus away from growth and back to controlling inflation in a bid to curb soaring imports and attract more foreign capital.
Soaring food prices are temporary
RECENTLY, the issue of global food inflation has received considerable attention from the media, economists and general public.
Asean News Headlines as at 9pm on Thursday (Jan 13)
News highlights from Asean countries in the Star-AseanPlus section for Thursday (Jan 13)
Food supply hit ahead of CNY, Ramadan after farms affected by floods
KUALA LUMPUR (The Straits Times/Asia News Network): Duck farmer Azim Omar lost nearly all of his 800 ducks on the first day of the new year when his farm in Segamat, Johor, was submerged in chest-high flood waters.
Cutting down the food import bill
PETALING JAYA: Urban farming is a way to lower the nation’s growing dependence on imported food which carries an annual bill of more than RM50bil and rising, say experts.
Empty grocery-store shelves are here to stay
NEW YORK: Social-media sites are full of photographs of empty grocery-store shelves, and the head of one of the biggest US supermarket chains says the situation will take weeks to improve.
High prices due to manipulation in supply chain
From DR PAUL SELVA RAJ, Secretary general Federation of Consumers Associations Malaysia.
Sixth development zone set for rapid growth
THE declaration of Sedenak as the sixth flagship development zone in Iskandar Malaysia will attract more investments to the northern region of the growth corridor.
Sabah govt has no plans to cultivate guarana plant in Sabah, says Kitingan
KOTA KINABALU: The Sabah government has no plans to develop the "dangerous" guarana plant in Sabah and the public is advised to stay away from any scheme that allegedly promotes the plant.
