Bloomberg reports that because of shifting tariff regulations, and thanks to cheaper import taxes, foreign brands have seen a market share jump from 28 percent to 41 percent over the last two years.This means, BMW, Mercedes-Benz and Audi have all capitalized on the shift leaving domestic producers ...
Good news for everyone filling their cars up with RON 97 petrol. The retail price of it will be RM2.60 per litre effective today. This is a 20 sen reduction from the previous RM2.80 per litre. The adjustment comes after the pump price had been lowered by 10 sen from RM2.90 per litre.
The reduction was made in line with the dip in the average global oil price. The pricing of RON 97 is based on a managed float, where the price is determined by market forces, unlike the regulated and subsidised RM1.90 per litre RON 95. Do you fill up your tank with RON 95 or RON 97?
20 sen difference is a whole lot of money when your tank has a huge capacity. Good news!