Rethink electricity tariff hike to help mid-tier companies, says business group

PETALING JAYA: The steep rise in electricity tariff from 3.7 sen to 20 sen would impact mid-tier companies (MTCs) the most, says a business group.

Malaysian Consortium of Mid-Tier Companies (MCMTC) president Callum Chen said MTCs also need time to recover as they have been hit with increased costs, similar to small and medium enterprises (SME).