Is petrol next after Malaysia cuts diesel subsidies
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Since the Malaysian government removed diesel subsidies on Jun 10, diesel prices have risen by over 50%. Could petrol subsidies be next in line? While economists expect limited inflation from diesel price hikes, they foresee significant price pressures if the RON95 petrol subsidies are axed. • Read more: https://bt.sg/3C6Kt • • Support us: • https://subscribe.sph.com.sg/publicat... • Follow us on: • Website: https://businesstimes.com.sg/ • Facebook: / thebusinesstimes • Twitter: / businesstimes • Instagram: / businesstimessg • Linkedin: / the-business-times
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