Tee Yong: Consumers will benefit from fuel subsidy removal


  • Nation
  • Saturday, 22 Nov 2014

Chua Tee Yong (second from right) after launching a GST registration roadshow in Johor Baru.

JOHOR BARU:  Consumers will benefit from the Government's decision to float prices of RON95 petrol and diesel due to the downward spiral in global fuel prices, said Datuk Chua Tee Yong.

The Deputy Finance Minister said the Government had been looking at ways to ensure targeted groups enjoy subsidised petrol if oil prices continued to decline.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

Ulu Tiram attack: IGP says no Singaporean arrested, all seven remanded are local
Ulu Tiram attack: Two students detained not under ministry’s purview
PM visits Hazrati Imam Complex in Uzbekistan
Housewife loses more than RM15,000 in 'hotel review' job scam
Cops nab man over death threats against local celebrity's parents
Four cops arrested for alleged extortion in Pontian
Applications for FT Youth Assembly extended to May 31, says Dr Zaliha
Cops nab 10 to assist probe into JB brawl
Man killed when bike collided with lorry in Tangkak
Local authorities must use allocations prudently, says Nga

Others Also Read