hike

Malaysia’s Anwar unveils record public pay hike amid ringgit’s slide

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Malaysian Prime Minister Anwar Ibrahim says pay hike of more than 13 percent will be ‘best increase in history’. Malaysian Prime Minister Anwar Ibrahim has announced a record hike in civil servants’ pay of more than 13 percent, amid rising prices and a weakening local currency. In a speech to mark Labour Day on Wednesday, […]

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Cuba delays 500% fuel price hike over ‘cybersecurity’ incident

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Cuba’s government on Wednesday delayed a planned 500 percent surge in the fuel price after a “cybersecurity incident,” an economy ministry official said. The communist island’s cash-strapped government had announced the five-fold increase with effect from February 1, as part of a series of measures seeking to cut its budget deficit. Economy ministry official Mildrey

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