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Nation 05 Oct 2004 | 12:00 AM

PM: Submit report on fuel price rise impact

Datuk Seri Abdullah Ahmad Badawi has directed the Economic Planning Unit (EPU) to submit a report before tomorrow's Cabinet meeting on the impact of the recent fuel price increase.

Nation 02 Oct 2004 | 12:00 AM

Najib: No choice but to raise fuel prices

The spiralling price of crude oil has left the Government with few options but to increase the price of petrol and diesel, said Deputy Prime Minister Datuk Seri Najib Tun Razak.

Nation 02 Oct 2004 | 12:00 AM

Groups warn of ripple effect from rise in fuel prices

Just as several organisations warn that the increase in fuel prices will have a ripple effect, lorry operators have been advised by their association to immediately raise their transport charges by 5%.

Business 01 Oct 2004 | 12:00 AM

Move to help cut budget deficit

The Government#8217;s move to increase petrol and diesel prices by five sen a litre from today is to rationalise the current fuel subsidies and to curb the budget deficit, Minister in the Prime Minister#8217;s Department Datuk Mustapha Mohamed said.

Business 01 Oct 2004 | 12:00 AM

Balance of payments shrinks 60% in second-quarter

MALAYSIA'S balance of payments (BOP) surplus shrank 60% or nearly RM15bil to RM9.7bil in the second quarter from RM24.6bil in the first quarter of this year.---------------------------------------------

Business 01 Oct 2004 | 12:00 AM

Higher fuel prices unlikely to cause inflation

THE increase in fuel prices from today is not expected to cause inflation although it would exert some pressure on general price levels in the coming months, said CIMB Bhd chief economist Lee Heng Guie.

Nation 01 Oct 2004 | 12:00 AM

Petrol prices up 5 sen

The prices of petrol and diesel will be increased by 5 sen per litre and gas by 5 sen per kg from Friday as a result of record world oil prices, the Domestic Trade and Consumer Affairs Ministry announced Thursday.

Business 28 Sep 2004 | 12:00 AM

S'pore fast-tracks aviation reforms as competition builds

With three new budget airlines, plans for a low-cost airport terminal and the sacking of hundreds of workers, nothing, it seems, is being spared in Singapore's efforts to remain a force in the region's increasingly competitive aviation industry.

Nation 26 Sep 2004 | 12:00 AM

Talks on expected fare hike

The Commercial Vehicle Licensing Board (CVLB) will discuss the anticipate d hike in bus fares nationwide with the Entrepreneur Development and Co-operatives Ministry.

Business 16 Sep 2004 | 12:00 AM

Indian auto firms’ shares rise

Shares of Indian automobile companies rose on optimism the government won't raise fuel prices soon, which may encourage consumers to buy new vehicles.