Proposed electricity tariff hike for big companies and users has an upside

PETALING JAYA: The proposed electricity tariff hike that is aimed at multinationals and large export-oriented companies is a good step towards implementing fairer targeted subsidies, said economists, who added the move is necessary for the government to reduce looming inflation.

Malaysia University of Science and Technology (MUST) economics professor Geoffrey Williams said the new electricity tariff hike will protect households and SMEs that cannot afford price increases.