National Tech Association of Malaysia's chairman Ong Chin Seong says electricity price hike for tech industry will contribute to inflation. – Pikom Facebook pic, December 23, 2022.
“Many companies are still struggling to rebuild their businesses post-pandemic. Furthermore, the electricity price hike will contribute to inflation,” he said in a statement. Instead, the hike in electricity tariff will only be for MNCs and giant companies making huge profits.