You have searched for "fuel subsidy"
Showing 1-10 of 974
PETALING JAYA: The spike in the Brent crude oil price due to the attacks on Saudi Arabia’s oil production facilities could be a boon for the local stock market and lead to higher oil revenue for the government.
PUTRAJAYA: Any significant drop in Saudi Arabia’s oil production due to the attacks on its facilities will have an upward effect on global oil prices, said Tun Dr Mahathir Mohamad.
PUTRAJAYA: The targeted fuel subsidy for RON95 petrol will be announced in two weeks after the Domestic Trade and Consumer Affairs Ministry finalises the details, says Minister Datuk Seri Saifuddin Nasution Ismail.
PUTRAJAYA: The targeted fuel subsidy plan for RON95 petrol will be announced in two weeks, says Domestic Trade and Consumer Affairs Minister Datuk Seri Saifuddin Nasution Ismail.
KUALA LUMPUR: The ringgit opened slightly higher against the US dollar on mild buying support for the domestic unit amid stronger second-quarter economic growth announced last Friday. At 9.06 am, the ringgit stood at 4.1750/1780 against the greenback from 4.1760/1810 recorded at last Friday’s close.
PETALING JAYA: RAM Ratings expects Malaysia’s overall inflation rate for July to continue trending at the more elevated level first charted in June. July’s inflation rate is expected to come in marginally higher at 1.6%, higher than June’s 1.5%, underpinned by an anticipated uptick in food inflation.
THE plan for an allocation of petrol subsidy that is linked to each vehicle owner’s identity card may be on the back burner or entirely shelved, sources say. This is due to it being too cumbersome to implement, coupled with having a high capital and maintenance costs.
PETALING JAYA: The country’s consumer price index (CPI) rose 1.5% in June, in line with analyst expectations, due to the low base effects arising from the removal of the goods and services tax (GST) last year.
KUALA LUMPUR: RAM Ratings expects Malaysia’s overall inflation rate to accelerate to 1.6% in June (May: 0.2%), fuelled by the low-base effects arising from the removal of the Goods and Services Tax (GST) last year.
PUTRAJAYA: There will be no increase in the price of cement, ending speculation of a possible 40% to 50% hike in the price.