Monday , October 23 2017

Tag Archives: price rise

Hike seen in prices of readymade clothing – Trend attributed to lack of strict control of market

KUWAIT CITY, May 20: The readymade clothing market is raged by intensive shopping activities generally conducted ahead of traveling seasons and summer holidays, and the sector presently observes price hike of up to 50 percent, prompting many citizens and expatriates to complain of heat burning their pockets. Most people interviewed …

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‘Hike in petrol will not affect commodity rates’ – ‘Panel to monitor Ramadan prices’

KUWAIT CITY, May 10: Minister of Commerce and Industry Dr Yousef Al- Ali said the proposal to increase electricity and water charges based on consumption was passed smoothly without any effect on the prices of commodities, reports Al-Rai daily. Speaking to the daily, Al-Ali disclosed the ministry is now preparing …

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‘New power tariffs to hit food prices in co-ops’

KUWAIT CITY, May 4: An expert in the cooperative society sector warned about a possible dramatic change in the prices of food items in case the cooperative society sector is transformed into an investment sector and the new prices of electricity are applied, reports Al-Anba daily. He said the Board …

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Bid to reduce ‘expenditures’

KUWAIT CITY, April 28: The government is considering the possibility of reducing expenditures by limiting the benefits provided to serious leaders and cancelling the support for new independent authorities such as Public Authority for Fighting Corruption, Kuwait Fund for Small and Medium Enterprises and Public Authority for Communication, reports Al-Shahed …

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‘Trying to make ends meet in rising costs cause of stress’ – ‘Living standard getting expensive’

KUWAIT CITY, April 27: In this week’s Arab Times online poll, readers shared the causes of stress in their seemingly robotic lives. The majority of respondents felt that trying to make ends meet in a constant price rise world was the most taxing. 27% of respondents felt that the rising …

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Co-ops queried on hike in rates of commodities – MoCI calls meet to discuss ‘freeze’

KUWAIT CITY, April 18: Ministry of Commerce and Industry invited Ministry of Social Affairs and Labor, Kuwait Chamber of Commerce and Industry, Cooperative Societies Union, Kuwait Union of Food Producers for a meeting to discuss the decision of Ministry of Commerce and Industry to freeze the prices of goods and …

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Ration food in basement – Items resold as other brands

KUWAIT CITY, April 17: Personnel from the Consumer Protection Department at the Ministry of Commerce and Industry, in coordination with the Ministry of Interior recently raided the basement of a residential building in Jleeb Al-Shuyoukh and confiscated tons of subsidized foodstuffs, reports Al-Rai daily. Undersecretary for Commercial Supervision and Consumer …

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‘Hike in prices harming poor’

KUWAIT CITY, April 16: A number of preachers criticized the government’s proposal to increase the prices of commodities, and requested the concerned governmental authorities to refrain from harming poor people with limited incomes, reports Al-Seyassah daily. Head of the Higher Consulting Committee for Islamic Sharia Implementation Dr Khalid Al-Mazkour said …

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Traders hike prices of foodstuff after MoCI announces ‘freeze’ – Absence of ministry’s surveillance on market tied to move

KUWAIT CITY, April 13: Traders in Kuwait increased the prices of foodstuff by 15-50 percent immediately after Ministry of Commerce and Industry announced its decision to freeze prices. The traders made this move without waiting for the government and Parliament to reach an agreement about the electricity and water costs. …

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KCCI expresses objection to Minister Ali’s decision to freeze consumer goods prices

KUWAIT CITY, April 11: Kuwait Chamber of Commerce and Industry (KCCI) has expressed objection and displeasure to the decision of Minister of Commerce and Industry Dr Yousef Al-Ali to freeze the prices of consumer goods. During a meeting between the Acting Prime Minister Sheikh Sabah Al-Khalid and a KCCI delegation …

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