Sri lanka in petrol price

- A + A PASIR SALAK (July 3): The government will look into ways and means to address the rising prices of goods and will not let the people to suffer, said Prime Minister Datuk Seri Ismail Sabri Yaakob. “(Under) The previous government, the people struggled, but we (the current government) are looking for ways so that the people are not burdened. Never in history, do we give subsidy so that prices do not rise. “The government provides subsidy of RM77.7 billion, namely for chicken, fuel, electricity, eggs, cooking oil and water. We take short, medium and long term actions to ensure the people are not burdened with the increase," he said when closing the Perak Jelajah Aspirasi Keluarga Malaysia or Malaysian Family Aspiration (AKM) Tour at at the Datuk Sagor Circuit, Kampung Gajah here. According to Finance Minister Tengku Zafrul Abdul Aziz, the government’s projected expenditure of RM77.3 billion for consumption subsidies in 2022 so far is the highest subsidy in … [Read more...] about Govt looking into ways to address rising prices of goods, will not let people suffer, says PM

Share to Twitter Share to Linkedin Topline The average price for a gallon of gas was $4.822 nationally Saturday, according to AAA, continuing a steady decline after briefly topping $5 per gallon last month–but gas prices are still much higher than all prior July Fourth weekends, one of the most popular driving periods of the year. Key Facts The average national gas price was down 2 cents per gallon Saturday from Friday, 8 cents from a week ago and 19 cents from the highest-ever recorded price of $5.016 on June 14, according to AAA. Gas cost more than $5 per gallon in just 10 states Saturday, a far cry from the 21 states that reached that milestone when prices peaked nationally last month. AAA reports prices are falling the fastest in Texas, Arizona, Indiana and Delaware, all of which logged 13-cent declines over the last week. But even if gas prices trickle down a few more cents before July 4, the national average will still be at a … [Read more...] about Gas Prices Drop Ahead Of July 4th–Here’s How Much Higher They Are Than Prior Years

- A + A ALOR GAJAH (July 3): Crude palm oil (CPO) prices are not expected to fall below RM4,500 a tonne, said Plantation Industries and Commodities Minister Datuk Zuraida Kamaruddin. She said that CPO prices were expected to drop by the end of the year but this had occurred earlier as a result of Indonesia’s palm oil export ban and the Russia-Ukraine conflict. “The price of palm oil has not dropped to previous levels of RM2,500, but as expected, the norm would be between RM4,500 and RM5,000 a tonne and we are in that phase now. “This is what I had expected, that the new norm would be between RM4,500 and RM5,000 a tonne. Nevertheless, palm oil producers are still enjoying high prices and they are still getting a high income," she said. The minister was speaking to reporters after a working visit to the “single origin” planting plot at Ting Agro Enterprise (TAE) cocoa farm in Kampung Panchor here on Sunday (July 3). CPO prices have been on a downward trend … [Read more...] about Zuraida expects CPO prices to stay firm, not dip below RM4,500 a tonne

(The Edge filepix by Zahid Izzani) - A + A KOTA BHARU (July 3): The government views seriously the problem of leakage in the supply of subsidised cooking oil, which is said to be due to, among others, it being smuggled to the neighbouring countries, said Minister in the Prime Minister's Department (Economy) Datuk Seri Mustapa Mohamed. He said his office took a serious view of the matter with the shortage of the supply in the country. “We held discussions with various parties to obtain clearer information on the issue, including with the Ministry of Domestic Trade and Consumer Affairs (MDTCA). "We want to know how serious this matter is because the government provides subsidy for the locals to enjoy, but it is enjoyed by foreigners... this should not happen," he said when met after surveying the prices of daily necessities and goods at the Tunjong Rural Transformation Centre (RTC) here on Sunday (July 3). Mustapa, who is also a member of the special … [Read more...] about Govt to probe, take action over shortage of subsidised oil due to smuggling, says Mustapa

- A + A SABAK BERNAM (July 3): UMNO will identify the Barisan Nasional (BN) “heavyweight” candidates, including those in the cabinet, to contest in Selangor in the 15th General Election (GE15), said its president Datuk Seri Ahmad Zahid Hamidi. He said fielding the “heavyweights” would be one of the party strategies for GE15 in Selangor. “We are confident that it is a right criteria. We will identify the candidates,” he said after attending a gathering with youths, Santai Mesra NGO Anak Muda Geng 18, here Sunday (July 3). Earlier, Selangor UMNO Liaison Committee chairman Tan Sri Noh Omar said he welcomed heavyweight candidates or those in the cabinet to contest for parliamentary seats in Selangor and named Finance Minister Tengku Zafrul Tengku Abdul Aziz as one of them. Noh described Tengku Zafrul as one of the young figures who had the potential to be highlighted and made an icon in the state. There has been talks that Tengku Zafrul would contest for the Kuala … [Read more...] about GE15: UMNO to identify ‘heavyweight’ candidates for Selangor

Sahil Barua, Managing Director & CEO, Delhivery Delhivery, an e-commerce logistics and supply chain startup, floated its maiden public issue on May 11. It will be the first new-age technology company to get listed in 2022. The IPO marks a lucrative exit for many of its investors, makes some employees rich and serves as a barometer to measure India's startup and tech sector's success. The company’s initial public offering (IPO) is significant as it comes at a time when global financial markets have turned volatile due to high inflation, rising interest rates, and geo-political tensions. It also comes on the back of the hammering that new-age technology companies have received after getting listed last year. Delhivery’s IPO response could potentially determine the outcome for startups such as Oyo, Snapdeal and Pharmeasy, who have filed draft papers with Sebi but have delayed their listing plans due to uncertainty in the market. Delhivery, too, had delayed its listing plans … [Read more...] about MC Interview | Good companies find a way to go public at any time, whatever market says: Delhivery’s Sahil Barua

Want to catch the attention of consumers? New research from MAGNA|IPG and Twitter says you'd better be culturally relevant, according to AdAge. Particularly if you're aiming at younger people. It might not seem like a surprise if you've been following news of marketing programs over the last year. SC Johnson found itself on the wrong side of a case of brand identity that unfairly tied it to the opioid crisis. Nike and Colin Kaepernick had a hit in a massively successful ad campaign last year that pointedly embraced a political view. Heck, Domino's took up fixing potholes . Talk about getting involved. According to the study , none of it is surprising because people want more of brands. Twenty-five percent of consumer purchase decisions involved brand cultural involvement, versus 44 percent on price and quality and 31 percent on brand perceptions. However, hold off on the assumptions for a moment. Cultural involvement is a broad concept that can include … [Read more...] about Consumers Want Culturally Relevant Brands Says New Research, But That Brings Its Own Problems

Entrepreneurs--we've been rocked for sure--COVID-19, global supply chain concerns, energy price fluctuation, and raw material price increases. We are also now entering the highest inflationary period in 40 years. In March 2022, the Labor Department reported that prices increased 7.9 percent between February 2021 and February 2022. That was a larger increase than the previous month's year-over-year comparison. Whether your business is knowledge or materials-based (or a combination of both), inflation raises the specter of declining sales, revenue, and profits, along with cash shortages. However, the current crisis offers opportunities to recalibrate and retrench. As a result, your business may actually emerge more competitive. Whether you will be "pinched" or "knocked out" will largely depend on how you respond to factors you can control. We, at House Buyers of America, will discuss some of those strategies here. Boost margins through smart savings. Buy smarter. … [Read more...] about Inflation 2022: Accept, Analyze, Calibrate, and Conquer

Share to Twitter Share to Linkedin Italy has 20 different geographical regions, and Emiglia-Romagna—in the north—is both wealthy and geographically diverse. Bordered by six other regions that also produce wine—Marche, Tuscany, Liguria, Piemonte, Lombardy, and Veneto—Emiglia-Romagna is named after a Roman road that followed the foot of the Apennine Mountains, named Via Aemelia, as well as Romagna, a once capital region of the waning Roman empire that was then based in the city of Ravenna. According to Carol Plantamura in her book When in Emilia Romagna —the wines of the region fall into two distinct categories—generally light and dry in Emilia to the west, and richer and full bodied in Romagna to the east. Some local winemakers call Emiglia-Romagna ‘flyover country’ as well as a land of fast cars and slow food (car and motorcycle manufacturers here include Ferrari, Lamborghini, Maserati and Ducati). Within Romagna region, travel through the … [Read more...] about Quality Wines From The Romagna Region Of Italy

Share to Twitter Share to Linkedin Most Americans have too many clothing options in their closets — including many fast fashion pieces they no longer actually wear. This can add to confusion and frustration when it’s time to pick an outfit each day. Accordingly, many consumers are instead embracing a minimalist wardrobe by cutting out the fast fashion and keeping 15-20 pieces that are timeless, sustainably-made, and versatile. By having fewer items to choose between and prioritizing high-quality pieces, getting ready each day becomes easier. And, for many transitioning to a more minimalist wardrobe, buying items that are sustainably made is also a high priority. The following are some of the best sustainable summer staples that would make great additions to any wardrobe — minimalist or otherwise. The Coastal Daily Short and Tank by Pact, $58 and $54 The Coastal Daily Short and Tank by Pact come in six color options that are great for mixing and matching. … [Read more...] about These Sustainable Summer Staples Are Perfect For A Minimalist Wardrobe