- News
- Market Watch
- Bursa Malaysia
- My Portfolio
- Exchange Rates
- Unit Trusts
- Market Intelligence
- IPO Watch
- Company Ratings
- Bonus & Dividends
- Financial Results
- Share Buybacks
- Changes in Shareholdings
- Currency Converter
- Investor Relations
- Maritime
Published: Tuesday October 27, 2009 MYT 12:34:00 PM
Petrol price at pump may follow market price next year
KUALA LUMPUR: Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah Tuesday did not discount the possibility that petrol price at the pump could follow the market price or without subsidy once the restructuring of petrol subsidisation is implemented early next year.
He said with the new structure, the offer of subsidy will be more targeted to the qualifying group or the holders of MyKad to enjoy the subsidised petrol price.
"The system is being developed and will be implemented between the first and second quarter," he told reporters after officiating the National Taxation Seminar 2009 here. - BERNAMA
Related Stories:
Govt may be pressured to review prices of petrol
- Italian minister under fire for supporting McDonald's new burger
- Resorts World Singapore casino to open this week
- Electricity generation from air?
- M'sia needs major economic transformation to become developed nation
- Higher Maxis dividends expected
- Local bourse continues to bleed
- HLB says no to request
- KNM's RM3.55bil value counted after deducting debt
- Boeing's giant 250ft-long 747-8 makes first flight(update)
- Dow closes below 10,000 for 1st time in 3 months
- Resorts World Singapore casino to open this week
- Higher Maxis dividends expected
- Toyota readies global Prius recall
- Ekuiti Nasional aims to deliver at least 12% returns
- Electricity generation from air?
- Abu Dhabi bank plans to start operating in Malaysia
- KNM's RM3.55bil value counted after deducting debt
- Cyber attack in M'sia still under control
- Dow closes below 10,000 for 1st time in 3 months
- Maxis targets to wire up 500 buildings by year-end
RSS