Fuel pump

RON95 petrol price to be increased gradually by 1 sen a week in 2020

Raising prices of fuel is never popular and in some countries where governments have done so suddenly, there has been public anger and even riots. In Malaysia, while RON97 petrol has not been subsidized for a while and has fluctuated according to global oil prices and the calculations of the Automatic Pricing Mechanism (APM), RON95 […]

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Fuel subsidies

First details of targeted fuel subsidies revealed, starting January 2020

Subsidizing the retail price of fuel for motorists has cost the government millions – this week, the total cost amounts to RM101.52 million – and the money can obviously be better spent for other purposes. However, subsidizing fuel prices has helped not just those who really need assistance but also many who can afford to […]

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