Airasia plans fare cuts as fuel prices stabilise while targeting one billion passengers by 2027

AirAsia Group has indicated that airfares are likely to come down once global fuel prices stabilise, especially as geopolitical tensions in the Middle East begin to ease. The airline says … Read More

Bangladesh raises fuel prices again as energy strain deepens amid global pressure

Bangladesh has increased fuel prices for the second time in just six weeks, reflecting ongoing financial stress linked to global energy disruptions and rising import costs driven by geopolitical tensions … Read More

Sri Lanka announces electricity tariff hike as Middle East conflict drives energy costs higher

Sri Lanka is set to increase electricity tariffs by as much as 18 percent starting Monday, as the country struggles with rising energy production costs linked to the ongoing conflict … Read More

US Fed chief says energy shock manageable for now but warns inflation risks could grow

The head of the US central bank, Jerome Powell, said the economic impact of the recent surge in energy prices appears manageable for now. However, he cautioned that the situation … Read More