Inflation expectations appear to be rising on the whole, albeit with monthly fluctuations. With the year-on-year rate of increase in the CPI (excluding fresh food) continuing to exceed 1 percent, a shift is observed in firms’ price-setting strategy, from a low-price strategy to one of raising sales prices while increasing value-added.
Our anti-money laundering laws and the efforts by financial institutions, the Police, FIU and other investigative agencies will be in vain if criminals are not being successfully prosecuted for money laundering. It will also be in vain if criminals are allowed to live off the profit of their illegal activities.