[ UPDATE 11/06/2020 23:00 ] According to the Domestic Trade Minister Datuk Alexander Nanta Linggi, the price control order is not revoked. Details here.
===
KUALA LUMPUR, June 10 — The Domestic Trade and Consumer Affairs Ministry has rescinded the price control order that restricted RON95 petrol to RM2.08/L and diesel to RM2.14/L.
The revocation was announced in a gazette dated June 3 while the order itself was approved by Domestic Trade and Consumer Affairs Minister Datuk Alexander Nanta Tinggi on April 10.
“The Price Control and Anti-Profiteering (Determination of Maximum Retail Price for Petrol and Diesel) (No. 8) Order 2020 [P.U. (A) 64/2020] is revoked,” the gazette stated.
The price ceiling had been introduced after the Pakatan Harapan coalition won the 14th general election and previously restricted the maximum retail price for RON95 and diesel regardless of global oil price levels. — Malay Mail
Lazada says its LazMall segment recorded strong growth during its recent Birthday Sale campaign, with…
In less than four months since the last update in January, the 5-seater Tesla Model…
This post is brought to you by vivo. If you’ve been looking for a smartphone…
Dyson has introduced its first portable handheld fan, the HushJet Mini Cool Fan. Not only…
Vivo has launched a brand new mid-range smartphone, the Vivo V70 FE, in Malaysia. This…
EI Charge (EIC) Station at GDEX Headquarters in Petaling Jaya will be opened to the…
This website uses cookies.