A petrol station staff checking IC at Petronas station in Bandar Kinrara.Photo for the story Mykad for the RON95 subsidary. .—AZHAR MAHFOF/The Star
PETALING JAYA: The privilege of Malaysians paying just RM1.99 per litre for RON95 fuel is unlikely to trigger a surge in consumption, according to Tradeview Capital founder and chief executive officer (CEO) Ng Zhu Hann.
He said consumption is determined by one’s need, and that need is largely driven by usage. In addition to that, there is a limitation to how much one can consume.
