Tag: fuel prices
The price of RON95 and diesel remains unchanged.
The government says it will spend RM90.48 million in subsidies to rein in the price of fuel for the coming seven-day period.
The price of RON97 petrol has increased for four consecutive weeks.
Ryanair, Europe's largest budget airline is experiencing a drop in its earnings due to weakening economies and a surge in fuel prices.
The government says it is subsiding fuel prices by RM99.17 million during the May 19 to 24 period.
SAPP president Yong Teck Lee says Sabahans are disappointed that the federal government has not kept its pledges regarding oil royalties and reduction in fuel prices.
The government will spend RM130.45 million in subsidies to rein in the price of fuel from May 4 to May 10.
China carriers may face some great challenges in profit making due to the global surge or oil prices and the big fluctuation of the yuan.
Diesel prices will remain at RM2.18.
The finance ministry attributes the cheaper price to increased output.
Residents say police fired teargas 'indiscriminately' in the city centre and residential areas.
Consumer and restaurant groups urge the government to go after those in the production line who may have been taking advantage of the situation.
The representatives from the Petroleum Dealers Association of Malaysia met the prime minister to voice concerns over the weekly fuel price float proposal.
This comes amid calls by petrol dealers to raise their sales commission to cover the anticipated higher cost of operation.
Government says it will make adjustments to reflect world’s oil prices.
On the top of increased prices, the government is also taxing the sale of fuel, claims the Rembau MP.
AirAsia plans to add five more aircraft to its fleet through operating leases in the second half of 2018 and deploy them to AirAsia X Malaysia and AirAsia X Thailand, it said in a statement.
Umno Youth wonders if the RM3 billion allocation for fuel subsidies would be enough, as PKR's Rafizi Ramli has said RM1.4 billion has already been spent.
This is due to the growth in retail fuel prices, the rating agency says.
Finance Minister Lim Guan Eng says the government has allocated RM3 billion until the end of 2018 to maintain RON95 and diesel retail prices for the rest of the year.
The price per litre of RON95 remains at RM2.20, RON97 is RM2.47 and diesel is at RM2.18.
The price per litre of RON95 remains at RM2.20, RON97 is RM2.47 and diesel is RM2.18.
RON95 is RM2.20, RON97 is RM2.47 and diesel is at RM2.18.
Lower fuel prices have kept inflation in check and offset higher food costs, say economists.