Petrol dealers to undergo severe cost-cutting if govt persists with weekly pricing mechanism

February CPI was also affected by the drop in the transport group as fuel prices slipped.

SHAH ALAM: Petrol dealers say they might have no choice but to resort to severe cost-cutting measures to stay afloat if the government persists with its weekly fuel price float, which goes into effect on Jan 1.

Petrol Dealers Association of Malaysia (PDAM) president Datuk Khairul Annuar Abdul Aziz said these would include letting go of employees as the minimum wage had increased to RM1,100, as well as limiting daily operating hours from 24 hours to 18 hours.