Malaysia, Indonesia governments cut fuel subsidies

Malaysia : Malaysia yesterday moved to ease the burden of fuel subsidies on state finances, announcing a 6 per cent jump in the regulated price of diesel … caught between high oil prices and a pledge to slash the budget deficit, the government had little choice but to take the politically unpopular decision to cut subsidies …

Indonesia : Hundreds of students have held street rallies across Indonesia to protest swingeing government increases on fuel prices by an average of nearly 30 percent. Protests took place in at least six Indonesian cities and towns, radio and television reports showed, as anger mounted over the government’s decision to raise fuel costs …

Straits Times (archived).

Today (archived)

See also :

1. Diesel price increase to reduce burden and curb abuse (thestar.com.my)
2. Protests break out in Indonesia over fuel hikes (Reuters)

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