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Malaysia and Russia have agreed to set up a joint commission to expedite several agreements to improve relations and economic ties between the two countries.
The Federation of Malaysian Manufacturers (FMM) denied on Wednesday that the manufacturing sector has received RM50bil in subsidies for natural gas over the past ten years.
Global crude oil prices have been on an ascent in the past fortnight. While it is not likely to affect our heavily subsidised petrol prices in the near future, its correlation to the natural gas market indicates that a hike in gas price may be imminent. However, is it all bad news for consumers?
Petrolium Nasional Bhd will increase the selling price of gas by as much as 187 % effective July 1. Prices of natural gas for vehicles (NGV) used by taxis and liquefied natural gas (LNG) will be kept unchanged.