Morning Call; Projected RM77.3 Billion Subsidy Expenditure for 2022, Highest In Malaysia’s History
Projected RM77.3 Billion Subsidy Expenditure for 2022, Highest In Malaysia’s History
“Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said the projected consumption subsidies covered petrol, diesel, liquefied petroleum gas (RM37.3 billion), cooking oil (RM4 billion), flour and electricity to reduce the people’s cost of living, and subsidy bills (RM9.7 billion), excluding welfare assistance from 2018 to 2022.”
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Petronas US13.6 Billion Brand Value, Makes It The Top 10 Most Valuable Oil & Gas Brand Globally
“The oil and gas giants rank has been attributed to the result of its Brand Strength Index (BSI) which increased from 87 last year to 87.7 in 2022. BSI is judged on a brand’s performance, focusing on intangible measures relative to its competitors.”
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New Price Ceiling For Poultry To Be Announced, Increase Imminent
“Consumers and traders can expect a price increase as hinted by the Deputy Minister who said the Ministry will find a balance to not overburden the public but at the same time ensure the industry does not collapse. The price of chicken has been soaring in other parts of the world in UK a whole bird costs GBP 6.20 per kg, nearby in Singapore an imported bird from Malaysia costs $3 per kg which is approximately RM9.60.”
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Indonesian Leader Pushing G7 Nations For Solutions On Food And Energy Crises
“Indonesian leader, President Jokowi who attended the G7 Summit for Partner Countries has called on the elite nations grouping to address the global food and energy crises that are plaguing the people right now.”
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