Review of automatic price mechanism for fuel likely


KUALA LUMPUR: The Government is mulling to review the automatic price mechanism (APM) for fuel in the second half of next year following consultation with stakeholders.

This is mooted by complaints voiced out by petrol station operators on how the APM has been administered ever since the implementation of a managed float system to replace subsidies on retail fuel products in Dec 2014.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

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