Hasan Malek: No more RON95 petrol, diesel subsidies from Dec 1


  • Nation
  • Friday, 21 Nov 2014

PUTRAJAYA: All subsidies for RON95 petrol and diesel will be stopped beginning Dec 1, said Datuk Hasan Malek.

The Domestic Trade, Cooperatives and Consumerism Minister, who announced this at a press conference here on Friday, said the retail prices for RON95 petrol and diesel will be fixed according to a managed float, similar to the mechanism dictating the RON97 petrol price.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Najib says no issue anticipated when appointing Nik Faisal account mandate holder
Blacklist foreign vehicles abusing fuel subsidy, urges backbencher
Former Perlis MB gave me travel agent's details, witness tells court
Kinabatangan by-election: Naim’s billboards draw attention to legacy, continuity
Cops bust syndicate, seize nearly RM1.5mil worth of drugs
Ex-Army chief, ex-Armed Forces chief to be charged for corruption, says MACC
Selangor govt probes alleged abuse at childcare�centre
Insurance agent to serve 14-year jail term for sexually assaulting nine-year-old son
Tekun, AIM loan approvals cut to five working days nationwide, says deputy minister
Elderly woman living in fear after loan sharks splash paint at her house over son's debts

Others Also Read