Tag: diesel
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Malaysia says new diesel subsidies can save millions to benefit citizens, but experts flag fiscal risks
Malaysia’s move to lower diesel prices to RM2.10 (US$0.50) per litre for all citizens could squeeze the government’s fiscal space if oil prices rise again, analysts warn.
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Malaysia to cut price of diesel nationwide from July
KUALA LUMPUR: Malaysia will lower the price of diesel to RM2.10 (US$0.51) per litre nationwide for its citizens from July after the current difference in prices between subsidised and unsubsidised diesel led to smuggling and revenue losses.Diesel is currently sold at a subsidised price of RM2.15 per litre in
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