[ad_1] AS Malaysia aspires to become a high income nation, various measures have been undertaken to accelerate the shift to a high technology and knowledge intensive economy. The initiatives have…
Tag: Subsidies
Subsidies: A double-edged sword that must be dealt with carefully
[ad_1] SUBSIDIES have been an important policy instrument in many countries from economic, social and political perspectives. According to the World Trade Organisation, a subsidy is defined as a financial…
Subsidies: A double-edged sword
[ad_1] SUBSIDIES have been an important policy instrument in many countries from economic, social and political perspectives. According to the World Trade Organisation, a subsidy is defined as a financial…
Malaysia will cut subsidies and tax luxury goods as it unveils a 2024 budget narrowing the deficit
[ad_1] Malaysian Prime Minister Anwar Ibrahim says subsidies will be progressively cut and new taxes launched next year as part of the 2024 federal budget October 13, 2023, 9:16 AM…
The World Bank has had enough of billion euro fossil fuel subsidies
[ad_1] Fossil fuel and agricultural subsidies should be redirected to climate action, Ajay Banga suggested at the bank’s annual meeting. ADVERTISEMENT The World Bank’s new president has called into question…
Malaysia expected to roll out targeted subsidies to better help lower-income group in 2024 budget
[ad_1] BUDGET 2024 Malaysian Prime Minister Anwar Ibrahim, who will be tabling Budget 2024 in parliament on Friday (Oct 13), is expected to announce details on subsidy rationalisation to better…
Large number of EV cars should qualify for French subsidies, finance ministry official says
[ad_1] The rear light of a Dacia Spring electric car is pictured during the Brand Manifesto Dacia event at Le Bourget near Paris, France, September 13, 2022. REUTERS/Gilles Guillaume/File Photo…
Govt likely to cut subsidies for fiscal strength
[ad_1] KUALA LUMPUR: Malaysia is expected to make subsidy cuts for the well-off and provide cash aid for the needy as part of its budget plan for 2024, prioritising support…
Unfair Chinese competition: EU plans anti-subsidy steel probe
[ad_1] In a joint effort with Washington, the European Union is planning anti-subsidy investigations against Chinese steelmakers. ADVERTISEMENT The European Union is planning to announce anti-subsidy investigations against Chinese steelmakers…
France urges swift deal on EU power reform to counter US subsidies
[ad_1] The US will be the main winner if a Franco-German divide over nuclear power prevents a long-awaited reform of Europe’s electricity market being finalised, France’s energy minister has warned. …