S1E2: Why lowering fuel duties will be counterproductive for Singapore

Synopsis: The Straits Times analyses Singapore's latest news and announcements in this weekly podcast.  The Straits Times' Zakir Hussain, Singapore editor at The Straits Times, speaks with Money FM 89.3's Timothy Goh and Melissa Hyak. In this week's episode, Finance Minister Lawrence Wong announced in Parliament that more support is on the way for households given the economic impact of the conflict in Ukraine, and some Budget measures will be rolled out earlier. He noted that the war has contributed to a further spike in inflation around the world. Other factors, such as supply chain issues, have also contributed to rising prices. Produced by: Zakir Hussain ([email protected]) & Money FM 89.3 Edited by: Money FM 89.3’s Nadiah Koh and ST’s Paxton Pang Follow SG Extra Podcast episodes every Tuesday here on our ST Podcasts channel: Channel: https://str.sg/wukR  Apple Podcasts: https://str.sg/wu3h  Spotify: https://str.sg/wukD  SPH Awedio app: https://www.awedio.sg/ Websites: https://www.moneyfm893.sg/ http://str.sg/stpodcasts Feedback to: [email protected] Read Zakir Hussain's articles: https://str.sg/we4e --- Discover ST's special edition podcasts: Singapore's War On Covid: https://str.sg/wuJa The Unsolved Mysteries of South-east Asia: https://str.sg/wuZ2 Stop Scams: https://str.sg/wuZB Invisible Asia: https://str.sg/wuZn --- Discover more ST podcast series: Asian Insider: https://str.sg/JWa7 Green Pulse: https://str.sg/JWaf Health Check: https://str.sg/JWaN In Your Opinion: https://str.sg/w7Qt Your Money & Career: https://str.sg/wB2m #PopVultures: https://str.sg/JWad ST Sports Talk: https://str.sg/JWRE Bookmark This!: https://str.sg/JWas Lunch With Sumiko: https://str.sg/J6hQ Discover BT Podcasts: https://bt.sg/pcPL Follow our shows then, if you like short, practical podcasts! #SGExtraSee omnystudio.com/listener for privacy information.