GEORGE TOWN: The weekly fuel price float will see RON95 petrol capped at a certain price even if the market price goes up, says Finance Minister Lim Guan Eng. Lim had earlier said the retail prices of fuel would be unchanged – RON97 (RM2.50), RON95 (RM2.20) and diesel (RM2.18) per litre. He said the implementation of the weekly price float was delayed because of objections from the Petrol Dealers Association of Malaysia. Lim said the weekly price mechanism would be in place until the fleet card system was introduced for B40 Malaysians to buy subsidised RON95 petrol. Lim was present at Perumahan Kastam to hand over nine upgraded lifts and three new lifts costing RM998,000.

Source: thestar January 01, 2019 23:37 UTC