posted by admin on Feb 28
The Malaysian government raised the price. The price of fuel and sugar business began to start on July 16, 2010. This has been done as part of the reduction or rationalization of subsidies gradually. “The price of gasoline rose RM0 Ron95, 2005 (Rp130) to RM1, 85 (Rp4.900) per liter and gasoline rose Ron97 follow the market price but still be controlled in order not to burden the people,” said Malaysian Prime Minister Najib Tun Razak in a press release to media mass, yesterday evening. RM0 gas prices also increased, 10 (260) per kg to RM1, 85 (Rp4.900) per kg. Besides fuel, Malaysia also raised the price of sugar as much as RM0, 25 (Rp650) to RM1, 75 per kg (Rp4.630).
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posted by admin on Feb 15
Participants from Spring meeting agree in Washington DC in April said that foreign exchange reserves and exchange rate policy for the handling and security needs seriously, so the role of institutions like the IMF can not be ignored, let alone export to be the main driver of economic growth in Asia. Governor of Central Bank of Korea (The Bank of Korea), Kim Choong soo Asia growth rate supported by export growth. However, he recognized the need for efforts to domestic growth by increasing consumption. “Some developing countries have the option to accumulate foreign reserves to face crisis. But are the costs so high that this is not the best choice. There is a global safety net is a good choice for all countries,” he explained.
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