Inflation control

PUTRAJAYA: The issues of middlemen or creation of cartels were among the matters deliberated in the first meeting of the special task force on addressing inflation, which was set up Wednesday (June 29). Communications and Multimedia Minister Tan Sri Annuar Musa ( pic ) who is also the chairman of the special task force said the government cannot allow market forces alone … [Read more...] about Issues relating to middlemen discussed at inflation task force meeting, says Annuar

KUALA LUMPUR: The government is committed to controlling the cost of living in the country when it provides an additional subsidy allocation of RM370mil for July and August this year. Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said the additional subsidy allocation was following the Agriculture and Food Industries Ministry's announcement yesterday on chicken and … [Read more...] about Additional subsidy allocation of RM370mil shows govt’s commitment to control cost of living, says Tengku Zafrul

MCA welcomes the Cabinet’s decision to set up the Special Task Force on Jihad Against Inflation and the key role it would play in gathering information from ministries, agencies and the public, and to formulate strategies and coordinate actions to resolve issues relating to inflation, especially in controlling price hikes more efficiently and effectively. It also welcomes the … [Read more...] about MCA: Special task force must gather public feedback, address market flaws to effectively combat inflation

MEXICO CITY (Reuters) - Mexican President Andres Manuel Lopez Obrador said on Friday that during a planned visit to Washington next month he would propose to his U.S. counterpart Joe Biden that they craft a joint anti-inflationary plan to tackle surging prices. Mexico's leftist president did not set out details of what such a plan could entail, but he pointed to three … [Read more...] about Mexican president to pitch anti-inflation plan to Biden

The benchmark Philippine Stock Exchange Index (PSEi) surrendered most of the gains over the past four sessions on Thursday after Finance Secretary Benjamin Diokno warned inflation could reach up to 6.5 percent in June. The PSEi fell 2.34 percent, or 147.76 points, to 6,155.43 while the broader All Shares index sank 1.56 percent, or 52.89 points, to 3,336.23. Price increases … [Read more...] about PSEi dives as inflation concerns welcome Bongbong Marcos