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MALAYSIA PETROL SUBSIDIES
Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...- From India to China, a look at what governments worldwide are doing to shield households from rising energy costsGovernments globally are implementing diverse strategies to mitigate soaring energy costs stemming from the U.S.-Israeli war on Iran. Measu...
- Observe and shock absorb: To ride out this oil crisis, focus should be on well-targeted support, not broad price suppressionIndia is navigating a critical oil import challenge. The government's approach of keeping fuel prices steady faces fiscal and equity questi...
- Oil shock will hit Asia harder than the 1970sAsia is experiencing energy shocks similar to the 1970s oil crises, with rising fossil fuel costs impacting consumers and industries. This ...
- How Asia-Pacific is fighting a fuel shock that could get worseAsian nations are grappling with prolonged energy supply strains due to the Middle East conflict, prompting governments to implement costly...
- Decontrol oil prices and replace cross-subsidies with targeted DBTs for needy householdsDuring recent global crude price volatility linked to West Asia tensions, retail fuel prices in India remained largely unchanged, unlike in...
- Malaysia lifts petrol subsidies spending to $510 million for steady fuel pricesMalaysia's government is boosting petrol subsidies significantly. The spending will rise to 2 billion ringgit from 700 million ringgit. Thi...
- Rising energy costs could hurt India’s attractivenessIndia has 8.3% weight in the MSCI EM Index and foreign funds are overweight by 100-150 basis points
- I don't know how will I buy crude tomorrow: S Roy Choudhury, Chairman, HPCLHPCL has sounded an alarm over its inability to procure crude oil for processing raising prospects of idle capacity in its refineries.
- Malaysian PM says fuel price cut not political: reportMalaysian premier Abdullah Ahmad Badawi said a recent move to cut petrol prices by 5.6 percent to 2.55 ringgit (0.76 dollars) a litre was n...
- Asia should move away from subsidies: former IMF headSubsidies pose an increasing fiscal burden that emerging Asian economies should move away from, the former International Monetary Fund chie...
- Oil will fall below $100 a barrel by the end of 2008Demand has fallen in countries where consumers have borne the full brunt of higher prices. Beat inflation I War on inflation | Global infla...
- Chinese cut fuel subsidies but demand fears remainChina's decision to hike prices for petrol, diesel and electricity has won praise from the United States despite fears it could spark incre...
- Malaysia may sell limited amount of subsidized fuel from 2009Malaysia, which recently raised fuel prices, is considering a ration system to sell a limited amount of gasoline and diesel at subsidized r...
- Govt opts for fuel price hike, duty cut mixThe government finally bit the bullet on fuel price hikes and raised retail prices with effect from Wednesday midnight.
- Malaysian petrol price to jump 40 percent: PMMalaysia's petrol price will rise 40 percent to 2.70 ringgit (0.84 dollars) a litre from Thursday as controls are removed under a revamped ...
- Cabinet approves fuel price hikeThe Cabinet on Wednesday approved fuel price hike. Fuel prices were last raised in February. All Headlines | Mkt Calendar | Gainers & Loser...
- Political rift delays oil price hikeIndia's political leaders are divided over the extent to which fuel prices should be raised, delaying the government's decision on compensa...
- Asian governments forced to act as oil prices soarTorn between protecting the poor and saving their budgets, governments across Asia are being forced to slash fuel subsidies as world oil pr...
- Malaysia mulls using ID to stop foreigners buying cheap fuelMalaysia on Sunday said it was considering using its chip-based national identity card to prevent visitors from Singapore and Thailand buyi...
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