PUTRAJAYA: The government is capable of providing fuel subsidies even if prices increase above the ceiling price capped by the Cabinet, and there is no need for a supplementary budget to do this, Finance Minister Lim Guan Eng said today. Lim pointed out that the government has already made savings in other areas to cushion the cost and is expected to make more in the future, through good governance based on CAT (competence, accountability and transparency). “I think we can afford (to bear the cost of the subsidy) because if you look at our performance, we have been making savings,” he told a press conference after a RM5 million cheque presentation to Yayasan Restu for printing of copies of Al-Quran, here today. “It is also because of theses (savings) that the government is able to announce the Cost of Living Aid (BSH) for B40 families, single individuals and university students. “All of these come from savings that we are also expected to make (in the future). … [Read more...] about Govt can subsidise fuel prices without supplementary budget
Advair diskus price without insurance
Insurance industry progressing at slow pace, foreign competition needed: AMI
In August, U Zaw Naing, secretary of the Insurance Business Regulatory Board (IBRB), which was established by the Ministry of Planning and Finance in 2016, said the board will allow foreign insurance companies to provide life and general insurance policies in the country in 2018-19. He said the board is now considering proposals by international consultants to help it screen and review foreign insurance providers before permitting them to compete in the local market. Liberalising the insurance sector is important not just because penetration rates in Myanmar remain the lowest in the region. Allowing foreign insurance providers to operate here will help the country develop a deeper bond market, enabling the government to raise sovereign debt to plug the budget deficit. Currently, state-owned Myanma Insurance dominates the domestic insurance industry, accounting for more than 45pc of total gross written premiums in 2017, according to the Central Bank. Nevertheless, regulations … [Read more...] about Insurance industry progressing at slow pace, foreign competition needed: AMI
Medicare patients may lower drug costs by not using their insurance
(Reuters Health) - Generic medicines for many common health problems like high blood pressure and diabetes may cost Medicare patients less when they pay cash instead of using their health insurance, a U.S. study suggests.Researchers compared out-of-pocket costs for 30-day supplies of 27 different medications for conditions related to cardiovascular disease. They looked at how often these prescriptions cost more than US$4 - the amount charged by Wal-Mart's drug discount program - when people used one of 622 different standalone Medicare drug plans or one of 1,533 different health insurance plans known as Medicare Advantage.Half of the time - across all the different medications and types of coverage - at least 21 percent of the Medicare plans required patients to spend more than US$4 for covered generic prescriptions."We already know from consumer reports that beneficiaries can sometimes get better deals by paying the cash price (without using insurance) at a pharmacy or at a generic … [Read more...] about Medicare patients may lower drug costs by not using their insurance
Renault M’sia: New prices, rebates, savings up to RM40,000
TC Euro Cars (TCEC) on Friday announced the new prices for its Renault models, which will take effect immediately with the upcoming implementation of the zero-rated GST. TCEC is also offering additional incentives in the form of rebates on the related models, with combined savings of up to RM40,000. TCEC will absorb the 6% GST for vehicles registered with immediate effect and new zero-rated GST prices will remain in effect until the implementation of the sales and services tax (SST). Customers are also able to enjoy additional rebates for relevant models immediately. The table shown lists the prices of Renault models, with 6% GST versus with 0% GST, as well as the new prices that are inclusive of the respective rebates. All prices stated are on-the-road, without insurance, for Peninsular Malaysia and private individual Malaysian registration only. “This is a great time to buy a Renault. We strongly encourage those looking for a stylish, vehicle with continental quality and safety … [Read more...] about Renault M’sia: New prices, rebates, savings up to RM40,000
New 0% GST prices for Renault, additional rebates, savings up to RM40,000
TC Euro Cars (TCEC) on Friday announced the new prices for its Renault models, which will take effect immediately with the upcoming implementation of the zero-rated GST. TCEC is also offering additional incentives in the form of rebates on the related models, with combined savings of up to RM40,000. TCEC will absorb the 6% GST for vehicles registered with immediate effect and new zero-rated GST prices will remain in effect until the implementation of the sales and services tax (SST). Customers are also able to enjoy additional rebates for relevant models immediately. The table shown lists the prices of Renault models, with 6% GST versus with 0% GST, as well as the new prices that are inclusive of the respective rebates. All prices stated are on-the-road, without insurance, for Peninsular Malaysia and private individual Malaysian registration only. “This is a great time to buy a Renault. We strongly encourage those looking for a stylish, vehicle with continental quality and safety … [Read more...] about New 0% GST prices for Renault, additional rebates, savings up to RM40,000