Two-tiered pricing system to be implemented for RON95 petrol, says Rafizi

PUTRAJAYA: A two-tiered pricing system is expected to be implemented for RON95 petrol subsidies, says Economy Minister Rafizi Ramli. However, the specific mechanism for this system will be decided at a later date, as the government is still in discussions with various stakeholders, including the Petrol Dealers Association. “Previously, we considered providing cash payments to families, but...

Fuel prices Sept 19-25: RON97 petrol, diesel in peninsula down six sen

KUALA LUMPUR: The retail prices of RON97 petrol and diesel in Peninsular Malaysia will drop by six sen to RM3.19 and RM2.95 per litre respectively, from Sept 19-25. The Finance Ministry, in a statement on Wednesday (Sept 18), said that the drop in prices for RON97 petrol and diesel in the peninsula is in line with...

Fuel prices Sept 12-18: RON97, diesel in peninsula drop 15 sen

KUALA LUMPUR: The retail price of RON97 petrol and diesel in Peninsular Malaysia will drop by 15 sen, to RM3.25 and RM3.01 per litre respectively, from tomorrow until Sept 18. The Finance Ministry, in a statement on Wednesday (Sept 11), said that the price drop for RON97 and diesel in the peninsula is in line with...

Govt to revoke fleet card privileges for misuse, smuggling

IPOH: Fleet card holders may have their privileges revoked if they are found misusing them for diesel smuggling under the Subsidised Diesel Control System (SKDS). Domestic Trade and Cost of Living Ministry enforcement deputy director general (Operations) Shamsul Nizam Khalil (pic) said diesel smuggling syndicates are now using fleet cards to exploit subsidies in Selangor and...

Fuel prices July 4-10: Unchanged across the board

KUALA LUMPUR: The retail prices for RON97 and RON95 petrol, as well as diesel, will remain unchanged at RM3.47, RM2.05 and RM3.35 per litre respectively from July 4 to 10. The Finance Ministry in a statement on Wednesday (July 3) said the retail price of diesel in Sabah, Sarawak and Labuan will also remain unchanged at...

RON97 petrol price up by 10 sen to RM3.47 per litre

KUALA LUMPUR: The retail price of RON97 petrol will be higher by 10 sen at RM3.47 per litre, while the prices of RON95 petrol and diesel remain unchanged for the week from Sept 21 to 27. The Finance Ministry in a statement on Wednesday (Sept 20) stated that the prices of RON95 petrol and diesel remained...