IMF presses Pakistan on ‘urgency’ of removing fuel and energy subsidies
The International Monetary Fund said considerable progress was made on the country’s need to address its high inflation rate and the elevated fiscal and current account…
Policy Matters
Competition Commission investigation will cover all in the poultry industry: Minister
The Malaysia Competition Commission will conduct investigations of allegedly engaged in anti-competitive agreements and/or abuse of dominant position to influence market prices.
Malaysia places temporary export ban on chickens
Beginning June 1, the export of chickens – now numbering 3.6 million a month – will be stopped until the price and supply stabilise.
India govt cautions restaurants against forcing consumers to pay service charges
Consumers are also being falsely misled on the legality of such charges and harassed by restaurants on making a request to remove such charges from the bill amount.
Vietnam’s Deputy PM offers WEF solution to avert global food crisis
He also called on countries and international organisations to collaborate with Vietnam to come up with measures to respond to climate change.
Pakistan finance minister rules out removal of fuel, energy subsidies ahead of IMF talks
The IMF has made the resumption of its programme with Pakistan, along with a $2 billion expansion, conditional on the reversal of these subsidies.
Indonesia’s policy uncertainty hampers resumption of palm oil exports
The world's biggest palm oil producer had halted exports of the commodity from April 28 in an attempt to bring down soaring local prices of cooking oil, rattling global edible oil…
Hong Kong govt to enhance elderly healthcare voucher scheme
The estimated expenditure for the scheme in this financial year is HK$4.37 billion.
Punjab to draft policy for affordable health services
The health minister also said the initiative was part of the guarantees the party promised to the people of Punjab.
Duterte orders adoption of digital payments for gov’t disbursements, collections
All agencies should use “safe and efficient” digital disbursement in the payment of goods, services, and other disbursements, the order states.