Price control order on RON 95 petrol and diesel not revoked – ceiling prices still in place, says KPDNHEP

Price control order on RON 95 petrol and diesel not revoked – ceiling prices still in place, says KPDNHEP

The government says that the order on ceiling retail prices of petrol and diesel is still in place and has not been revoked as reported yesterday. According to domestic trade and consumer affairs (KPDNHEP) minister Datuk Alexander Nanta Linggi, the ceiling price – which restricts the maximum price of RON 95 petrol to RM2.08 per litre and diesel to RM2.18 per litre – is still in effect, Bernama reports.

“No, no, no. Don’t be misled. Don’t misunderstand it. We have not removed the so-called ceiling price, it is the same,” he said in explaining the government gazette titled Price Control and Anti-Profiteering (Determination of Maximum Retail Price for Petrol and Diesel) (No. 8) (Revocation) Order 2020, which cancelled that particular regulation.

“As of March 30, 2017, retail prices of petrol and diesel have been regulated on a weekly basis and enforced by KPDNHEP under the Price Control and Anti-Profiteering (Determination of Maximum Retail Price for Petrol and Diesel) in accordance with the Price Control and Anti-Profiteering Act 2011,” he said via a press statement.

Price control order on RON 95 petrol and diesel not revoked – ceiling prices still in place, says KPDNHEP

The gazetting, he explained, was to enforce control on retail prices of petrol and diesel by oil companies and petrol station operators so that they do not exceed the prices set by the ministry of finance.

However, starting from February 29, he said that KPDNHEP changed the mechanism for the control of retail prices of petrol and diesel through a directive issued under Regulation 12A of the Control and Supply Regulations 1974 under the Control of Supplies Act 1961.

The change was to strengthen enforcement and monitoring efforts at the KPDNHEP level in the event of any violation of the directive under the act, and meant that the previous order was no longer needed.

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Anthony Lim

Anthony Lim believes that nothing is better than a good smoke and a car with character, with good handling aspects being top of the prize heap. Having spent more than a decade and a half with an English tabloid daily never being able to grasp the meaning of brevity or being succinct, he wags his tail furiously at the idea of waffling - in greater detail - about cars and all their intrinsic peculiarities here.

 

Comments

  • sohai on Jun 11, 2020 at 11:09 am

    Who would believe you now that there is no more black and white? You think the rakyat all born yesterday is it?

    Like or Dislike: Thumb up 26 Thumb down 12
    • Crony on Jun 11, 2020 at 1:59 pm

      Donation is donation. Imma cash is king brudder

      Like or Dislike: Thumb up 9 Thumb down 5
    • Manifesto Dicapati on Jun 11, 2020 at 2:21 pm

      I don’t think so. Most probably PaulTan got it wrong on the earlier reportage without confirming with the Ministry beforehand the reason of the revocation.

      Like or Dislike: Thumb up 41 Thumb down 6
    • English Teacher on Jun 11, 2020 at 4:49 pm

      Journalists see the word “revoked” straight jump and down without confirming the reason and purpose before posting in the news. Fringe conspiracy theorists grab onto this fake news and went to town looking much like an emperor without his clothes. Such journalism standards by our mass media today.

      Like or Dislike: Thumb up 30 Thumb down 14
      • s.Ibrahim on Jun 11, 2020 at 5:07 pm

        I feel ashamed for our journalists but I feel more shameful to our Oppos troopers who were playing the whole thing up. Now they are naked for show to everyone, warts and all.

        Like or Dislike: Thumb up 22 Thumb down 15
      • Can’t really call the mass media writers “journalist” as they lacked basic rule of journalism; checking & verifying facts.

        Like or Dislike: Thumb up 2 Thumb down 1
  • omegle on Jun 11, 2020 at 2:15 pm

    i see the efficiency for u-turning has went up

    Like or Dislike: Thumb up 16 Thumb down 3
  • vivizurianti on Jun 11, 2020 at 7:08 pm

    Ting tong, ting tong, macam macam can happen in Malaysia…..

    Like or Dislike: Thumb up 1 Thumb down 0
  • azrai on Jun 12, 2020 at 7:53 am

    7/3 RM1.89, Brent USD35
    14/3 RM1.82, Brent USD28
    21/3 RM1.44, Brent USD27
    28/3 RM1.38, Brent USD23
    4/4 RM1.30, Brent USD32
    11/4 RM1.25, Brent USD33
    18/4 RM1.25, Brent USD23
    25/4 RM1.25, Brent USD22
    2/5 RM1.25, Brent USD27
    9/5 RM1.25, Brent USD30
    16/5 RM1.31, Brent USD35
    23/5 RM1.38, Brent USD35
    30/5 RM1.43, Brent USD38
    6/6 RM1.48, Brent USD41
    13/4 Should be the same or back at RM1.43?, Brent USD38

    Brent crude futures fell US$3.18, settling at $38.55 per barrel. Brent and WTI posted their worst daily drops since April 21.

    Like or Dislike: Thumb up 4 Thumb down 0
  • AhChun on Jun 12, 2020 at 11:58 pm

    Law is law and cannot be changed without proper procedure. However, Directive is subject to changes from time to time by the minister.
    When the law is abolished and replaced by a directive, the ceiling price may be changed by the directive from time to time. Practically, there is no more ceiling price.

    Like or Dislike: Thumb up 0 Thumb down 0
 

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