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Sunday, September 22, 2019

Tag: Subsidy

RON97 goes up 2 sen at midnight

But the price of RON95 and diesel stays unchanged.

RON97 down 2 sen, RON95 and diesel unchanged

The government says it will spend RM85.78 million to subsidise fuel prices during the next seven days.

Don’t pamper graduate job-seekers, says economist

Ramon Navaratnam says the government should ignore a proposal to subsidise starting salaries and should look after its finances instead.

Subsidies for fresh grads? No decision made yet, says Dr M

The prime minister confirms proposal to help encourage youth to take up jobs they shunned due to low wages.

Transport agent to feel the heat for high-priced cooking gas

Deputy minister to check into reports that cooking gas costs RM65 per tank in Bario.

Economist: Inflation likely to rise with return to previous fuel pricing...

Firdaos Rosli says it may be better to do away with fuel subsidies and channel the money to other forms of aid.

Sabah minister: Why restrict power subsidy to just eKasih households?

Sabah Rural Development Minister Ewon Benedick says there are many rural people who are not registered with eKasih but earn less than RM500 a month.

Najib mocks govt’s decision to fix fuel price based on earlier...

The former prime minister says PH had promised to bring down petrol prices prior to the May 9 polls.

Sarawak to introduce new rural subsidy scheme to plug leakages

Deputy Domestic Trade and Consumer Affairs Minister Chong Chieng Jen says there are many leakages, especially in the subsidy given to those who transport goods to point of sale.

Germany forces 1,050 Tesla owners to forgo electric car bonus

The Federal Office for Economic Affairs and Export Control said only vehicles costing 60,000 euros or less qualified for Germany's "environmental bonus", intended to encourage the purchase of electric cars.

Haiti should make plan to gradually lower fuel subsidies, IMF says

The International Monetary Fund said that the plan should also include measures to help the poorest in the country,

‘CEP proposes padi subsidy be expanded to other crops’

Farmers' Organisation Authority says the issue of low rice yields needs to be addressed as the government spends almost RM1 billion in rice subsidy annually.

Slovak farmers drive tractors to Bratislava to protest against subsidy fraud

The farmers said that the government had overlooked a system that enabled politically-connected people to claim subsidies on land they did not own nor had any other title to.

RON95 to remain at RM2.20, RON97 to float

Finance Minister Lim Guan Eng says the government has allocated RM3 billion until the end of 2018 to maintain RON95 and diesel retail prices for the rest of the year.

Fuel subsidies may create subsidy mentality, economist warns

Yeah Kim Leang says reintroducing fuel subsidies may also harm competitiveness and economic resilience.

Kenya pipeline plans cooking-gas plants worth US$125 million

Kenya’s monthly LPG consumption ranges between 15,000 and 23,750 metric tons, according to the Energy Regulatory Commission.

India ends decades-old subsidy for hajj pilgrims

The cash saved from the scheme would be channelled into economic opportunities and education for Muslims, who make up about 14% of India's 1.25 billion people.

Student killed, opposition leader detained as bread protests grip Sudan

The protests were related to rising bread prices, which in turn were linked to the Sudanese government's elimination of subsidies.

Govt to look at ways to reduce impact of rising oil...

This is to ensure people are not burdened with rise in world oil prices and rate of inflation is controlled in the medium and long term.

Zahid: Putrajaya mulling raising fuel subsidy amid rising prices

Deputy Prime Minister says the matter will be discussed at tomorrow’s National Economic Council meeting.

Govt still subsidising fuel prices, says Treasury sec-gen

Irwan Serigar Abdullah says this is in spite of the fuel price mechanism that was introduced a few years back.

MP wants Petronas dividend used to reinstate fuel subsidies

Rafizi Ramli says the RM3 billion Petronas dividend should not be wasted on overseas trips or campaigning.

Cost of subsidising haj fares up by RM60 million this year

Tabung Haji chairman says the amount will be borne by the government with each pilgrim given a subsidy of RM9,750.

Selangor gives RM150,000 to allay pet neutering cost

PAWS Animal Welfare Society's pet neutering and spaying programme receives funding to help reduce population of strays in state.