Finance Ministry: Petrol, diesel prices to remain unchanged until April 10

How do Malaysia’s MPs lose their seats and party memberships? Here’s what the Federal Constitution and party constitutions say

The Ministry of Finance in a statement today said the prices were fixed based on the weekly retail prices of petroleum products, under the Automatic Pricing Mechanism formula. — Picture by Ahmad ZamzahuriKUALA LUMPUR, April 3 — The retail prices of RON97 and RON95 petrol, as well as diesel, will remain unchanged at RM3.47, RM2.05 and RM2.15 per litre respectively from tomorrow until April 10.

The Ministry of Finance in a statement today said the prices were fixed based on the weekly retail prices of petroleum products, under the Automatic Pricing Mechanism formula. “To protect the consumers from the increase of global oil price, the government will maintain the ceiling price of RON95 at RM2.05 per litre and diesel at RM2.15 per litre, even though the market price for both products has increased beyond the current ceiling price,” it said.

The statement added that the government will continue to monitor the global crude oil price trends and take appropriate measures to ensure the continued welfare and well-being of the people. — Bernama

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Payments for Phase 2 of STR to begin April 3, says Finance Ministry(Reuters) - Singapore's competition watchdog had looked into the likelihood of the now-collapsed talks between Grab Holdings and Delivery Hero raising worries about competition in the food delivery market, the regulator said on Monday.
Source: staronline - 🏆 4. / 75 Read more »

Finance Ministry: Govt always takes cautious approach when reforming tax systemKUALA LUMPUR, March 19 — The government has always taken a cautious approach to reforming the national tax system, said Finance Minister II Datuk Seri Amir Hamzah Azizan. He...
Source: malaymail - 🏆 1. / 86 Read more »

Agreement with Spanco still in force, says Finance MinistryThey are hosts of travel reality series 'Girls' Spectacular Journey'.
Source: staronline - 🏆 4. / 75 Read more »

Finance Ministry finalising several HVGT policies, says Anwar(Reuters) - Popular messaging platform Telegram raised $330 million through bond sales last week, founder and CEO Pavel Durov said on Monday.
Source: staronline - 🏆 4. / 75 Read more »

Finance Ministry: Ringgit's decline driven by stronger US dollar, China uncertainty(Reuters) - Fenerbahce will consider withdrawing from the Turkish top flight after some of their players were attacked by Trabzonspor fans following their weekend away win, the Super Lig club said on Monday.
Source: staronline - 🏆 4. / 75 Read more »