Oil spike raises fresh concerns
PETALING JAYA: The spike in the price of crude oil to US$75 a barrel has raised fresh concern over its impact on inflation and rising costs for companies.
Coupled with the rise in the prices of other commodities such as copper, tin and aluminium, it is feared there would be a big jump in the cost of doing business and profits would be eroded if the price of commodities remained high.
Full report via The Star 25 April 2006.
Coupled with the rise in the prices of other commodities such as copper, tin and aluminium, it is feared there would be a big jump in the cost of doing business and profits would be eroded if the price of commodities remained high.
Full report via The Star 25 April 2006.
posted by raymond at 9:11 AM
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