Coppola shrugs off ‘Megalopolis’ cost as Stone and Gere hit Cannes

Coppola shrugs off ‘Megalopolis’ cost as Stone and Gere hit Cannes

CANNES, May 17 — Francis Ford Coppola shrugged off the vast fortune he personally risked on his highly polarising new film Megalopolis, as Emma Stone and Richard Gere prepared to light up the red carpet at the Cannes Film Festival today. From “madly captivating” to “Megaflopolis”, reviews have gone in every direction for Coppola’s decades-in-the-making … Read more

Apple has big AI ambitions — at a lower cost than its rivals

Apple has big AI ambitions — at a lower cost than its rivals

SAN FRANCISCO, May 3 — For most of the past year and a half, Apple Chief Executive Tim Cook has fielded questions from Wall Street analysts about his plans for artificial intelligence amid grumbling that the iPhone maker has no AI story to tell. After the company reported quarterly earnings yesterday, Cook insisted that Apple … Read more

Targeted fuel subsidies won’t solve Malaysia’s cost of living crisis — Rajesh Balakrishnan

Targeted fuel subsidies won’t solve Malaysia’s cost of living crisis — Rajesh Balakrishnan

APRIL 15 — As the recently collated data on Padu gets reviewed, targeted subsidies will replace blanket subsidies soon. While this saves the government lots of money, will it truly ease the financial burden on the rakyat? There’s an elephant in the room behind rising costs of living: our heavy reliance on personal vehicles. This … Read more

Minister: Domestic Trade and Cost of Living Ministry issues 496 notices against traders in Ops Kesan 

Minister: Domestic Trade and Cost of Living Ministry issues 496 notices against traders in Ops Kesan 

KUALA LUMPUR, March 26 — As of yesterday, the Domestic Trade and Cost of Living Ministry (KPDN) has issued 496 notices under Ops Kesan 2024 against traders found to have altered their selling prices. Minister Datuk Armizan Mohd Ali said traders are required to respond to the notices within the specified period with proper justification … Read more

PM Anwar: Ramadan bazaar food price hike due to high lot rental cost, not SST

PM Anwar: Ramadan bazaar food price hike due to high lot rental cost, not SST

KUALA LUMPUR, March 26 ― The increase in food prices at Ramadan bazaars is not due to the implementation of the sales and service tax (SST), but rather stems from the high rental cost of the bazaar lots, Prime Minister Datuk Seri Anwar Ibrahim said. Anwar said the high rental costs are partly due to … Read more

Rafizi: Delay in implementing targeted subsidies would cost govt RM2b a month in blanket petrol subsidies 

Rafizi: Delay in implementing targeted subsidies would cost govt RM2b a month in blanket petrol subsidies 

SHAH ALAM, March 23 — The government will have to bear at least RM2 billion a month for blanket petrol subsidies if it continues to delay the implementation of targeted subsidies, says Economy Minister Rafizi Ramli. He said as announced in the last Budget, the government needed to adhere to the scheduled restructuring of bulk … Read more

PM Anwar: New indicators to measure cost of living standards being developed 

PM Anwar: New indicators to measure cost of living standards being developed 

KUALA LUMPUR, March 19 — The National Action Council on Cost of Living (Naccol) agreed today to allow the Department of Statistics Malaysia (DoSM) to develop new indicators to measure the cost of living standards down to the district level. Prime Minister Datuk Seri Anwar Ibrahim, who chaired today’s meeting held at the Parliament building, … Read more

Finance minister II: Additional aid, subsidies proof of govt’s commitment to mitigate rising cost of living

Finance minister II: Additional aid, subsidies proof of govt’s commitment to mitigate rising cost of living

KUALA LUMPUR, March 19 — Additional aid and subsidies from an additional amount of RM23 billion presented through the Supplementary Supply Bill (2023) 2024 show the government’s commitment to helping the people cope with the rising cost of living, said Finance Minister II Datuk Seri Amir Hamzah Azizan. The bill involves the disbursement of an … Read more

Four or five companies found involved in rice cartel, says cost of living task force chief

Four or five companies found involved in rice cartel, says cost of living task force chief

KEPALA BATAS, March 16 — There is a local rice cartel involving four to five companies in this country which acted to control the buying and selling of rice, leading to a shortage of the staple food in the market and increase in prices. National Action Council on Cost of Living (Naccol) Task Force (Food … Read more

Cost of Living Ministry: Nine complaints against Ramadan bazaars so far for not displaying prices, expensive items

Cost of Living Ministry: Nine complaints against Ramadan bazaars so far for not displaying prices, expensive items

PUTRAJAYA, March 14 — The Deputy Domestic Trade and Cost of Living (KPDN) Minister Fuziah Salleh today said that nine complaints have been lodged against Ramadan bazaar sellers so far on the third day of Ramadan. Of the nine, Fuziah said five of them were related to price displays and the remaining four were on … Read more