Commercial users of diesel in Malaysia have recently begun paying more for their diesel as the government has reduced the sales tax exemption and subsidy on diesel. From this month, diesel subsidy for commercial users will reduced to about 30sen per litre from 37sen previously, said the Ministry of Finance in a statement. (US$1=380 sen…
MALAYSIA: Diesel subsidy for commercial users slashed by 7 sen/litre
Posted on July 9, 2004 by EnergyAsia