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PETALING JAYA: A weekly float system will be used to determine fuel price for RON95 from Jan 1 onwards due to the falling prices of crude oil, says Finance Minister Lim Guan Eng.
GEORGE TOWN: Fuel prices would be 12 to 18 sen more than now if the Pakatan Harapan Government had not maintained the present prices, says an expert.
PETALING JAYA: Although the proposal to fix the fuel prices on a weekly basis may be beneficial to some, there are also those who prefer it to be fixed monthly to ensure smoother planning.
PETALING JAYA: The Government should revamp the formula to determine local fuel prices by switching the reference currency from the US dollar to the ringgit, said Pakatan Harapan.
PETALING JAYA: While many are worried that prices of all goods will increase after the implementation of the Goods and Services Tax (GST) on April 1, this might not be the case, say experts.
Beijing (AFP) - China's factory gate prices fell at their fastest rate in six years in August, the government said Thursday, as Premier Li Keqiang warned that transforming the world's second-largest economy will be a "painful and treacherous" process.