PUTRAJAYA: The price of diesel at all retail stations in the Peninsula is set at RM3.35 per litre effective 12.01 am on Monday (June 10), which is the...
: The price of diesel at all retail stations in the Peninsula is set at RM3.35 per litre effective 12.01 am on Monday , which is the unsubsidised market price based on the May 2024 average according to the Automatic Pricing Mechanism formula.
“We want to curb the leakages, which have resulted in a loss for the people and the country. We have suffered huge losses yearly and that can impede the country’s economy,” he told a media conference here today. On the diesel subsidy landscape in Malaysia, he said that at present, with the huge amount spent on diesel subsidy by the government, the diesel retail price in Malaysia is among the lowest in the world.
Amir Hamzah also reiterated that the amount the goverment saved would ensure more resources could be channelled to other critical sectors which will directly improve the people’s quality of life, including public infrastructure, healthcare and education.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Diesel price in peninsula set at RM3.35 per litre from 12.01am MondayPUTRAJAYA: The price of diesel at all retail stations in the Peninsula is set at RM3.35 per litre effective 12.01 am on Monday (June 10), which is the unsubsidised market price based on the May 2024 average according to the Automatic Pricing Mechanism formula.
Read more »
Putrajaya sets diesel pump ceiling price at RM3.35 per litre from midnightPUTRAJAYA, June 9 — The market price of diesel will be capped at RM3.35 per litre at midnight, June 10, in Peninsular Malaysia as a part of the government’s effort to end...
Read more »
Diesel to cost RM3.35 per litre starting midnight on June 10Myanmar will hold the election in accordance with the 2008 Constitution, with every effort made to ensure its occurrence this year, stated Senior General Min Aung Hlaing, main junta leader and Chairman of the State Administration Council (SAC).
Read more »
Cabinet agrees to implement targeted fuel subsidies, starting with diesel in the peninsulaPrime minister Datuk Seri Anwar Ibrahim.says that the government will proceed with the implementation of targeted fuel subsidies, with the Cabinet having agreed to the move, The Star reports. He said that the implementation would …
Read more »
Diesel subsidy programme to offer RM200 per month to diesel owners – pump prices up to RM3.33/litre soonThe ministry of finance (MOF) of Malaysia has announced the Madani subsidy assistance programme, or Budi Madani for private owners of diesel vehicles and agriculture smallholders in Peninsular Malaysia. UPDATE: The Budi Madani application website …
Read more »
Fuel subsidy rationalisation begins: diesel up by 56%, or RM1.20, to RM3.35 per litre from midnight, June 10The government has kicked off its fuel subsidy rationalisation programme with the announcement that diesel prices in Peninsular Malaysia will be floated, and will retail at RM3.35 per litre starting from midnight on June 10 …
Read more »