ACCIM lauds move to review gas prices


PETALING JAYA: Associated Chinese Chambers of Commerce & Industry of Malaysia (ACCIM) had lauded the Cabinet’s decision to review the gas and electricity prices that have gone up tremendously due to the increase in oil price in 2008.

In a statement yesterday, it made an appeal for the gas and electricity tariffs to be reverted immediately to the old tariffs prior to the increase made last June and July, citing the seriousness of the current economic situation where many of the industries had cut back production and some even stopped production altogether.

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