Tag Archives: fuel

Why Malaysia Reduced Its Fuel Subsidy

By admin | November 8, 2014

Written for The Diplomat Malaysia’s decision to slash fuel subsidies has led to an increase in the price of petrol products, which in turn angered many consumers but was applauded by economists and credit rating agencies. Prime Minister Najib Razak defended the government action by citing the need to balance the budget. He said the […]

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Southeast Asia Scales Down on Subsidies

By admin | July 26, 2013

Written for The Diplomat Several Southeast Asian countries have begun scaling down the subsidies they are providing to key sectors of their economies. Last month, the Thai government confirmed that it will soon decrease the rice price subsidy it gives to farmers. In Indonesia, the parliament approved a revised budget that lowered the fuel subsidy. […]

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