Well, that was quick. Even as the ministry of domestic trade and cost of living (KPDN) says it will monitor the price of goods and services following the increase in the retail price of diesel to RM3.35 per litre in the peninsula to ensure there was no price manipulation, a couple of businesses in the transport-related sector have indicated that they have or are set to increase their prices.
Before anyone says profiteering, the KPDN may not have the power to intervene, as the businesses are that involving vehicle-towing and concrete production, which are not covered by targeted diesel subsidies available under the Budi MySubsidi diesel assistance programme, hence the necessary move to up prices, as FMT reports.
Two concrete producers, Kelantan-based DPG Readymix and LCS Marketing from Pahang, confirmed to the publication that they had raised their prices following the implementation of the fuel rationalisation programme.
A DPG Readymix spokesman said the company had been informed that it was not eligible for the fleet card for the diesel subsidies available under the subsidised diesel control system 2.0 (SKDS 2.0) programme, and added that other companies in the area had also raised their prices.
Meanwhile, LCS Marketing said that as a result of the diesel price hike, its concrete prices had increased by RM12 per cubic metre within a 30 km distance, with additional charges being applied for distances exceeding that.
The same was indicated by vehicle-towing businesses, so motorists can expect to pay more for towing services from now on. The report cited a notice put out by Hong Guan Towing Service, which stated because no diesel subsidy had been allocated to tow trucks, “towing charges will be increased in accordance” with the diesel price increase.
By the sound of it, the dust hasn’t settled yet, so we could be looking at more news of a similar nature to emerge in the near future.
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Here comes the start of high inflation. Thank you Anwar.
The Timbalan menteri said…dont pass the increase to rakyat. Is this real,fake or genuine news?
So,what if the largest readymix company YTL decides to raise prices of concrete delivered to construction sites ,tomorrow? Are u gonna summon Tan Sri Francis Yeoh n give him a ticking off?
Hello,the chain reaction…Developers gonna jack up selling prices of houses,condos very very soon.
Make no mistake..no sane businessman want to lose money.
“minyak turun” since zaman-PR
Ask PAS why promised that but
pilot Targeted Fuel in 2022 ?
He will be remembered as Bapak Inflasi
It has begun…
Young Gamorra(Rakyat) asked: What Did It Cost? (to be Gomen)
Thanos(PMX) replied: Everything
KUALA LUMPUR: The Domestic Trade and Cost of Living Ministry will not hesitate to serve notices to any towing firms and concrete producers which are found to be profiteering.
Deputy Domestic Trade and Cost of Living Minister Fuziah Salleh said both towing firms and concrete producers are ineligible for diesel subsidies.
GG
PH gomen : *pikachusurprised*
Thank you Madani
naik aje. boikot.
Maybe the government thought all those none subsidised industry vehicles will convert to EV to save cost since those industry can afford to do so.
Being always a step ahead of politicians…
Any wise business will increase prices following diesel increase then only change to EV, hybrid or anything else to save on their cost.
This would then ensure even higher profit than pre-removal of subsidy for diesel.
Lu ingat I bodoh ah?
Semalam I dah booking Zeekr 009 EV dah.
Tankiu Gomen.
Rakyat… Merana.
boikot diesel!!!!