Malaysia to cut price of diesel nationwide from July
Federaţia Rusă
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 the eastern states of Sabah and Sarawak, compared with RM4.37 in the Malaysian peninsular. This means that under the new policy, motorists will pay less than half of the current Peninsular
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