A surge in domestic COVID-19 cases and the extension of a level 3 pandemic alert until June 14 could significantly harm consumption and negatively affect sectors reliant on domestic demand, such as retailers, food and beverage businesses, and some manufacturers with greater exposure to local markets, the Ministry of Economic Affairs said in a report on Friday.
“As the domestic COVID-19 situation intensified in the middle of this month, related control measures have become stricter and consumers are less willing to go out for consumption and dining, while some stores have shortened business hours or suspended operations voluntarily, which might seriously
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