RON95 to increase 1 sen each week in Peninsular Malaysia from Jan 2020

RON95 to increase 1 sen each week in Peninsular Malaysia from Jan 2020

The Edge Markets - Malaysia·2019-11-28 01:52

KUALA LUMPUR (Nov 27): Deputy Domestic Trade and Consumer Affairs Minister Chong Chieng Jen said the retail price of RON95 fuel in Peninsular Malaysia will be increased by 1 sen each week from January 2020, Free Malaysia Today reported.

Reporting from the Dewan Rakyat on Wednesday, FMT said Chong explained that the government is replacing the fuel subsidy with the targeted subsidy programme and allowing the price of the fuel to gradually increase until it reaches market price.

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