News

Malaysia’s ruling coalition suffered a by-election loss after its diesel subsidy cuts, demonstrating the risks of the coming RON95 reforms.
The government is preparing to roll out a new round of fuel subsidies for public utility vehicle (PUV) drivers and operators—with or without franchise consolidation—should global oil prices breach the ...
Senate Republicans push to repeal green subsidies in the Big Beautiful Bill.
Apple has joined China's national digital product subsidy program through its own direct sales channels for the first time, enabling eligible customers in Beijing and Shanghai to receive ...
Australia's $14 billion childcare subsidy program is haemorrhaging hundreds of millions of dollars each year due to fraud, overpayments and administrative errors, according to a landmark report ...
Chinese Car-buying Subsidies: Major Chinese cities suspend car-buying subsidies due to depleted funds, impacting new car sales amid concerns over economic recovery and rising consumer sentiment.
Thai government to revise BEV subsidy rules The change follows Neta Auto struggles to fulfill its production commitments.
Malaysia will press on with planned cuts to petrol subsidies, Prime Minister Anwar Ibrahim has said, despite mounting public pushback over government measures to cut costs and raise taxes.
KUALA LUMPUR: The RON95 petrol subsidy rationalisation exercise will proceed as planned, says Datuk Seri Anwar Ibrahim.
By 2021-22, they had jumped to Tk 31,000 crore. It is not possible to continue raising subsidies and incentives, said Mohammad Lutfor Rahman, a professor of economics at Jahangirnagar University.
The other subsidies amounting to Rs104.7bn, include Rs20bn for a wheat subsidy to Gilgit-Baltistan, Rs15bn for the import of urea, Rs1bn for the Naya Pakistan Housing Authority, Rs7bn under Kissan ...
Subsidies trimmed by Rs180b to Rs1.18tr Power sector to get lion's share of Rs1.03tr while allocations for KE, AJK, FATA, and industries cut ...