Finance Ministry: No change in RON95, diesel prices until April 12 | Malay Mail

Customers are seen at a petrol station in Puchong Permai December 27, 2018. — Picture by Miera Zulyana

KUALA LUMPUR, April 5 — The Ministry of Finance has decided to maintain fuel prices for another week in order to reduce the cost of living for consumers. In a statement, MoF said the price of RON95 and diesel will be maintained at RM2.08 and RM2.18 per litre respectively, although it should be raised by 25 sen and 18 sen respectively.

“Based on the Automatic Pricing Mechanism the price of RON95 and diesel was supposed to be at RM2.33 and RM2.36 per litre for the period of April 6-12,” MoF said in a statement. “It is the government’s decision that RON95 and diesel prices be maintained in order to stabilise prices and reduce the public’s burden,” it said.

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Finance Ministry unit fined RM18m for infringing Bank Negara conditions | Malay MailKUALA LUMPUR, April 5 — Suria Strategic Energy Resources Sdn Bhd (SSER), a subsidiary of the Ministry of Finance which carried out two petrochemical and gas pipeline projects worth RM9.4 billion was today fined RM18 million by the Sessions Court here today for failing to comply with Bank Negara... Seriously?!!! So, betul lah apa yg diperkatakan ttg MOF kita. A government department is officially engaged in for-profit business entities? What else are kept from public knowledge?
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