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global supply crisis

MOF welcomes US-Iran ceasefire deal but cautions fuel subsidy bill to still hit RM3.5 bil monthly

Don’t expect world oil prices and global supply chain to be fully restored immediately, Finance Ministry says

Govt spends RM1.4 bil for four months of Sabah, Sarawak diesel subsidy: Armizan

Domestic Trade and Cost of Living Minister says bill was RM2 billion for the two states for the entire year last year

Global oil supply, economic recovery to take time after US-Iran peace deal

Mines in the Strait of Hormuz, repairs to infrastructure damage and vessels anchored for long periods will see slow start to easing supply crisis, says economy minister

Subsidy bill peaked at RM7.5 bil in April: Amir Hamzah

Finance Minister II says even though cost of financing fuel for the public has moderated, Malaysia is still expecting to spend RM3.5 bil to RM4 bil on subsidies

Not just an oil price issue: global supply crisis will reach households, Hassan Marican warns

Govt’s subsidy reforms over last two years keeping M’sia afloat but supply crisis requires measures beyond restructuring finances
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Petronas staff to be shown the door to make up losses from Petros deal?

Source claims national O&G firm is expected to see 30% revenue loss once agreed formula for natural gas distribution in Sarawak is implemented

InDrive faces termination for flouting guidelines

It is the second Russian e-hailing app after Maxim to face ban by Land Public Transport Agency

Cleared for layoffs? AirAsia to retrench 20% of workforce in major cost-cutting move

This allegedly involves cabin services, cargo and logistics, engineering and maintenance, as well as the commercial division, according to Scoop’s source

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