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Towing Companies, Concrete Producers & Others Raise Prices After Diesel Subsidy Removed

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Diesel,Subsidy,Pricehike

Meanwhile, the Deputy Domestic Trade and Cost of Living Minister said businesses should not exploit the diesel price hike by raising prices of their services indiscriminately.

news Towing Companies, Concrete Producers & Others Raise Prices After Diesel Subsidy Removed Cover image via The Borneo Post & FMT Follow us on Instagram, TikTok, and WhatsApp for the latest stories and breaking news.

The other company, LCS Marketing, also confirmed that it has raised its prices due to the diesel hike. "They must be careful when raising their prices. If they aren't, they might be considered to be profiteering. And the ministry will not hesitate to take action under the Price Control and Anti-Profiteering Act," she said while confirming that towing firms and concrete producers are ineligible for diesel subsidies.

"If you find any issues of unreasonable price hikes or misconduct by any parties, immediately report them to the ministry. God willing, action will be taken within 24 hours for further processing. I am working to ensure that all complaints and reports will be directed to the appropriate authorities," read her post.Diesel Is Now RM3.35 Per Litre For Malaysians, Except In Sabah, Sarawak & Labuan Despite the RM1.

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