Tag - Economic Impact

Japan counts cost of China’s travel boycott as tensions flare

TOKYO: Within days of China urging its citizens not to travel to Japan due to a diplomatic dispute, Tokyo-based tour operator East Japan International Travel Service had lost 80% of its bookings for the remainder of the year. The small firm, which specialises in group tours largely for Chinese clients, is at the sharp end of...

RON95 petrol subsidy rationalisation to proceed, says Anwar

KUALA LUMPUR: The RON95 petrol subsidy rationalisation exercise will proceed as planned, says Datuk Seri Anwar Ibrahim. The Prime Minister made this announcement amidst a surge in global crude oil prices following the Israel-Iran conflict. ALSO READ: ‘Don’t delay RON95 revamp’ "There is no issue of raising the price of petrol for the vast majority of up to 85%...

Feasibility of hosting SEA games 2027 being studied, says Yeoh

PETALING JAYA: The Youth and Sports Ministry is studying the feasibility of Malaysia hosting the SEA Games 2027. "As such, the ministry held engagements with stakeholders such as state governments and corporate bodies on June 6," said Minister Hannah Yeoh in a parliamentary written reply on Thursday (June 27). She was responding to a question by Chong...