Shockingly, the combined loss in market capitalization since late 2021 of Pfizer, Moderna, and BioNTech now exceeds the Gross Domestic Product (GDP) of Malaysia, South Africa, Denmark, the Philippines, Hong Song SAR, Columbia, Chile, the Czech Republic, Portugal, Finland, Greece, Hungary, Kuwait, Puerto Rico, Luxembourg, and most other countries. That […]
Commentary: Indonesia will struggle to stay the course on hiking fuel prices
The Indonesian government argues that there is a strong case for lifting fuel subsidies – but it will be a tall order amid rising inflation, says a researcher. SINGAPORE: Buffeted by higher global fuel prices, the Indonesian government has increased fuel prices at the petrol pump by 30 per cent. The government […]