Tag: fuel price
The prices of RON95 and diesel remain unchanged, says finance ministry.
Consumer affairs minister says 90% of low-income earners are already receiving assistance through their bank accounts.
The finance ministry says the decision is to stabilise the retail pump prices.
Meanwhile, RON95 and diesel prices remain the same.
The government announces price increase for the higher grade RON97 fuel for the coming week.
SAPP deputy president Richard Yong urges PH government to stabilise diesel prices to help boost sluggish economy.
When asked about imposing a state of emergency, Griveaux said it would be among the options considered on Sunday.
Police said 24 people had been arrested amid concerns that violent far-right and far-left groups were infiltrating the "yellow vests" movement.
Saifuddin Nasution Ismail says the targeted fuel subsidy mechanism will be implemented in stages from the second quarter of 2019.
By 2030, the government hopes to increase renewable energy usage in the electricity industry from 2% to 20%.
Economist Yeah Kim Leng says pegging fuel prices will likely cushion any inflationary pressure until the government decides to change the policy.
Retailers are in the dark about the new government's policy on fuel prices ahead of the weekly price announcement tomorrow.
The PKR vice-president says it is strange that there has been no change in retail prices for the past four weeks despite rising world crude oil prices.
Finance ministry says whatever measures it decides to adopt will not burden the people.
The second finance minister says this may be possible in view of the increased revenue from rising global fuel prices.
Rafizi Ramli says the RM3 billion Petronas dividend should not be wasted on overseas trips or campaigning.
Consumers have complained that several stations closed as early as 9pm on Wednesday night to adjust fuel prices based on the new increased rates.
Shell says 160 transactions were made under RM4.09 pricing, promising to refund all those affected.
Decision not to set ceiling price is a massive blow to the people and shows Putrajaya favours oil and gas companies, says DAP national publicity secretary.
The government is determining fuel prices to prevent it from exceeding the correct market price, says Minister Hamzah Zainuddin.
PKR lawmaker says RON95 prices are expected to increase next year as crude oil prices have jumped by 18% over a month.
MAB preparing for intense competition from other Malaysian carriers next year, but is concerned this will lead to over-capacity in the domestic market.