Malaysians could continue to feel the economic effects of the West Asian crisis for some time yet, despite the current ceasefire between Iran and the US.
Govt spokesman, Datuk Fahmi Fadzil says the Cabinet and National Economic Action Council was told that Gulf States would need several months to repair energy infrastructure that was damaged in the conflict.
He adds it will also take time clear some 2,000 ships that are currently stranded along the Strait of Hormuz.
Since the announcement of the ceasefire, the benchmark Brent crude fell by about 13 percent to just under 95 dollars a barrel.
However, the price is still 30 percent higher than before the start of the war.
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In a related development, the Communications Ministry says over 40 investigation papers have been opened so far, into the spreading of fake news and misinformation about energy prices.
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The latest update from the Met Department shows there are no areas currently under a Level 2 heatwave warning.
However, nine areas in Perlis, Kedah and Kelantan are under the less severe Level One advisory.
This, as the National Disaster Management Agency said the ongoing cloud seeding operation has been a success…leading to significant rainfall across parts of Kedah and Perlis.
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In other news…
SW Corp says better awareness is needed among smokers in Melaka, after revealing that illegally discarding cigarette butts was the top offence in the state following the implementation of the anti-littering law.
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Police say two secondary school students were among 45 individuals arrested so far, in connection with the mass attack on an entertainment center in Cheras over the weekend.
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The Immigration Department has been stepping up enforcement against employers who hire or harbour illegal immigrants, with nearly 350 companies already penalized this year.
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And, the KL City Hall has denied appointing any third party, agent or subcontractor to handle parking charges amid social media claims that foreign nationals were acting as parking touts under the authority of DBKL.
