Economists stay calm despite diesel price hike


PETALING JAYA: And so it begins. The much anticipated and talked about fuel subsidy rationalisation by Putrajaya has officially taken its first step in the form of floating diesel prices in Peninsular Malaysia, effective midnight yesterday.

The move will see diesel retail prices being increased by RM1.20 per litre, or a whopping 56%, to RM3.35 per litre, and subject to weekly reviews.

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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