Get your rebates by March 31

  • Nation
  • Wednesday, 25 Feb 2009

KUALA LUMPUR: The cash rebate system for vehicles under 2,000cc, which was implemented in June last year, will end on March 31, Domestic Trade and Consumer Affairs Minister Datuk Shahrir Samad confirmed.

He said this was because the cash rebate system had completed its one-year cycle, which was the initial plan.

“March 31 is the last date. We will end it in March,” he told reporters after launching the Malaysian Products are Our Choice, and Buy Malaysian Products Campaign here yesterday.

The campaign will last until March 1. “Whoever has yet to collect their cash rebates, please do so,” he added.

On the Government’s plans for future subsidies, and if the cash rebate system would be implemented again, Shahrir replied: “I don’t think we’ll be using this method of subsidising again, because I see that Malaysians prefer subsidised pump prices.

“They seem to prefer lower pump prices rather than having money given out to them,” he said, adding that about RM5bil would have been disbursed by March.

He also said the Government planned to set the value of RON95 petrol at RM1.70 when it is introduced in the middle of this year. “We want to give consumers good value for their money. Now you’re paying RM1.70 for RON92, we’re planning to give RM1.70 for RON 95 as well.

“So you get better quality petrol at the same price as RON 92. RON 97 will still be there too, but we haven’t decided on the pricing,” he said.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3

Next In Nation

BBC highlights Ain Husniza's cause as she reiterates rape is someone's trauma and not a joke
Most Malaysians adhere to SOP, but pandemic fatigue setting in
Floods victims evacuated in three Melaka districts early Tuesday (May 18)
Khairy: Expectant or nursing mothers can use Pfizer
‘Priority for ages 60 and above’
Many eager to sign up for AZ
Stricter MCO for S’gor to be considered if virus surge continues
Army to build field hospital in Penang
More beds for MAEPS and ICUs

Stories You'll Enjoy