Tow truck companies, concrete producers raise prices, as not covered by fleet card/targeted diesel subsidy

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Well, that was quick. Even as the ministry of domestic trade and cost of living (KPDN) says it will monitor the price of goods and services following the increase in the retail price of diesel …

in the peninsula to ensure there was no price manipulation, a couple of businesses in the transport-related sector have indicated that they have or are set to increase their prices.

Before anyone says profiteering, the KPDN may not have the power to intervene, as the businesses are that involving vehicle-towing and concrete production, which are not covered by targeted diesel subsidies available under the Budi MySubsidi diesel assistance programme, hence the necessary move to up prices, as

Two concrete producers, Kelantan-based DPG Readymix and LCS Marketing from Pahang, confirmed to the publication that they had raised their prices following the implementation of the fuel rationalisation programme.

The same was indicated by vehicle-towing businesses, so motorists can expect to pay more for towing services from now on. The report cited a notice put out by Hong Guan Towing Service, which stated because no diesel subsidy had been allocated to tow trucks, “towing charges will be increased in accordance” with the diesel price increase.

By the sound of it, the dust hasn’t settled yet, so we could be looking at more news of a similar nature to emerge in the near future.Anthony Lim believes that nothing is better than a good smoke and a car with character, with good handling aspects being top of the prize heap.

 

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