(Reuters) - The U.S. Securities and Exchange Commission on Thursday approved applications from Nasdaq, CBOE and NYSE to list exchange-traded funds (ETFs) tied to the price of ether, potentially paving the way for the products to begin trading later this year.
PETALING JAYA: Diesel subsidies cost the government RM1bil a month, while losses from leakages amount to a whopping RM4.5mil a day, says Finance Minister II Datuk Seri Amir Hamzah Azizan.
He said the Finance Ministry is working closely with other relevant ministries on fine-tuning the mechanism to ensure only the deserving will receive subsidies.In the video, he said the subsidy rationalisation was required because there were leakages and the incentives given were too wide. “What the government is doing now is fine-tuning it to make sure that when it presses the button, it gets it right and it actually looks after the right groups and actually gets enough savings from the system as it stops,” he added.
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