TOKYO -- Malaysian Prime Minister Ismail Sabri Yaakob warned Thursday that supply chain problems as a result of the Ukraine war and U.S.-China tensions are causing "negative ripple effects," urging countries to step up regional economic cooperation.
Ismail Sabri stressed at Nikkei's Future of Asia conference that the conflict in Europe is putting pressure on the global food supply, posing a threat especially to developing nations. "While big companies and large powers are concerned about the supply of semiconductors," he said, this is not the case "for the general people who are suffering" from rising costs and shortages of food and commodities "because of the lack of options."
