CYBERJAYA: The government will announce a revised rate for the Automatic Pricing Mechanism (APM) soon to ensure the continued viability of petrol stations following the implementation of the targeted RON95 petrol subsidy, says Datuk Armizan Mohd Ali.
The Domestic Trade and Cost of Living Minister said a proposal to review the rate has been submitted to the Finance Ministry, following engagement sessions with petroleum companies and petrol station associations.
