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KUALA LUMPUR: From Friday, the subsidies for sugar, petrol, liquefied petroleum gas and diesel will be cut as part of the gradual subsidy rationalisation programme, according to a statement from the Prime Minister's office.
KUALA LUMPUR: The rollback in subsidies is not expected to cause a major spike in inflation and the impact on overall consumption will be minimal but the Government should ensure that profiteering does not become rampant, according to analysts and economists.
PETALING JAYA: An effective mechanism to bar foreign-registered vehicles from filling up with the subsidised RON 95 petrol has yet to be found.
PUTRAJAYA: Petrol dealers risk losing their licence if they are found to be selling the subsidised RON95 to foreign-registered vehicles.