KUALA LUMPUR: Consumers may soon be paying significantly more for imported fruits following a series of cost increases from July 1, traders say. Kuala Lumpur Fruits Wholesalers Association president Chin Nyuk Moy said importers were bracing to get hit on three fronts: a 5% sales and service tax (SST) on imported fruits, a 30% increase in...
PETALING JAYA: The reduction of 1 sen/kWh from July to December 2024 in ICPT (imbalance cost pass-through) surcharge has been called "minimal" and "disappointing" by the Federation of Malaysian Manufacturers (FMM). FMM president Tan Sri Soh Thian Lai said that despite a decline in coal prices over the past year, the surcharge for commercial and industrial...
BUTTERWORTH: The reduction in the Imbalance Cost Pass-Through (ICPT) surcharge rate for commercial and industrial users is expected to bring down the prices of goods, says Datuk Seri Anwar Ibrahim. The Prime Minister said the government had agreed to lower the ICPT surcharge rate for large companies to enable them to assist efforts to reduce the...
BAGAN SERAI: The government is ready to fix any weaknesses in the implementation of the targeted diesel subsidy to ensure those eligible for the subsidies are not affected, says Datuk Seri Anwar Ibrahim. The Prime Minister said when the targeted diesel subsidy was implemented, it would not be completely perfect, and there are bound to be...
