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Government explains petrol price jump

The retail price of petrol in Cambodia has increased for the third straight month, upsetting many who work in low-paying jobs, such as tuk-tuk drivers. The price jumped to 4,200 riel per litre in mid-October from 3,950 riel in July, according to the Ministry of Commerce. The price increase is hurting low-income families as the […]

Government seeking solution to tackle fuel price hike: Spokesperson

The government is working to deal with rising fuel oil prices as it increased transportation costs and has an impact on commodity prices, said Zaw Htay, Spokesperson of Myanmar President’s Office, at a press conference held in the President House in Nay Pyi Taw on October 5. “Transportation costs have increased by 10 per cent […]

Indonesia to import oil from Qatar soon: Official

Indonesia is set to import oil from Qatar very soon, said a top diplomat of the Southeast Asian nation which is one of the leading gas exporting countries in the world. The founding Opec member, which left the organization of oil exporting countries in 2009, is now importing large quantities of oil to meet the […]