Fuel Price Joke

We may be looking at a fuel price increase sometime in the future, in fact MITI minister Datuk Seri Rafidah Aziz has given us a few hints at a possible increase soon.

According to Datuk Seri, the government has given a notice six months ago to the private and industrial sectors in Malaysia of a potential increase in fuel prices, and they have reported back to the government on the possible side effects that the fuel price increase would have related to the industries they are in.

The government is already studying how much of the oil price increase should be passed on to industries, the commercial sector, and consumers as they think it is not viable to continue to maintain a petrol subsidy at its current levels.

Source