BFM Podcast

RON 95 - Floating Prices

Tan KW
Publish date: Tue, 02 Dec 2014, 10:59 AM

Hasan Malek, Minister of Domestic Trade, Cooperative and Consumerism | Ahmad Maslan, Deputy Finance Minister | Abu Samah Bachik, Persatuan Stesen Minyak Petronas Malaysia (President) | Julia Goh, CIMB Investment (Economic Research Director)

02-Dec-14 10:42

On December 1st, petrol price subsidies were removed and a new floating mechanism set in place. Malaysians are expected to enjoy lower prices this month as the global prices for crude fall. But what safety mechanisms does the government have in place for consumers in the event that prices rise? We explore how the industry and economy will be affected by this new mechanism.

 

This is a report by Keith Kam.

Discussions
Be the first to like this. Showing 2 of 2 comments

JeevS

sales charge? what joke the government is..and Miss Julia, the government debt has been rising and not falling, what makes you think the current removal of subsidies and and implementation of GST will have positive outcome for the Malaysian economics? adding that our current government are all led by bunch of monkeys...

2014-12-03 13:45

kimkowlee

Worry the way manage the country. No pint shoutiing. Better default.

2014-12-03 13:48

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