Tag: diesel

Over 100,000 Litres Of Diesel Seized In Ulu Tiram Smuggling Bust

JOHOR BAHRU, May 13– Region Two Marine Police Force (PPM) seized 103,560 litres of diesel believed to have been misappropriated, along with various equipment worth a total of RM1.327 million, during Ops Taring Landai at two premises in Ulu Tiram yesterday. Its commander, ACP Noor Azman Jamal, said the operation was carried out following a […]

Targeted Subsidies Shield The Public From Global Energy Crisis Impact – Amir Hamzah

KUALA LUMPUR, April 10 -- The government has created a buffer by maintaining targeted subsidies for RON95 and diesel at fixed prices, while aligning the prices of non-subsidised fuel with market rates to shield the public from the direct impact of the global energy crisis. Finance Minister II Amir Hamzah Azizan said the measure is crucial to protect critical sectors, including fishermen, public transport and eligible logistics vehicles, which continue to enjoy diesel at controlled rates. “Critical sectors that still benefit from subsidised diesel, such as fishermen, continue to receive diesel at RM1.65. “For land public transport vehicles, including school and express buses, ambulances and fire engines, the price is RM1.88 per litre, while eligible logistics vehicles and users in Sabah and Sarawak pay RM2.15 per litre,” he said at a global energy crisis briefing today. He said current global price pressures stem from low supply relative to high demand, security threats, as well as rising shipping and insurance costs. Amir Hamzah said Malaysia’s fuel supply is more robust compared with other countries, with Petroliam Nasional Bhd (Petronas) and several other oil companies managing the nation’s resources responsibly. “We can see this through petrol stations that continue to operate. Malaysians can still purchase fuel. Some countries have already imposed rationing, and hundreds of petrol stations elsewhere have been closed due to supply shortages,” he said. He said the crisis should be viewed as an opportunity for Malaysia to continue strengthening its economic resilience and to seize the chance to become a more dynamic and progressive society. “The people play an important role. This is the time for us to set aside our differences and choose unity in facing the crisis, including practising moderation in our daily lives. “The government’s priority at this time is to ensure sufficient supply of fuel, energy, essential goods and medicines for the rakyat. At the same time, the government is striving to safeguard the national economy and protect the people,” he said.

KUALA LUMPUR, April 10 — The government has created a buffer by maintaining targeted subsidies for RON95 and diesel at fixed prices, while aligning the prices of non-subsidised fuel with market rates to shield the public from the direct impact of the global energy crisis. Finance Minister II Amir Hamzah Azizan said the measure is […]

Tourism operators adjust operations following diesel price hike

KOTA BHARU: The increase in diesel prices is beginning to put pressure on the tourism industry in Kelantan as operators are forced to adjust operations to accommodate the rising costs. State Tourism, Culture, Arts and Heritage Committee Chairman Datuk Kamaruddin Md Nor said the use of diesel was an important component in tourism industry operations. "It involves various sectors including transportation such as tourist buses as well as the use of generators at accommodation premises such as resorts. "Tourism operators such as buses, lorries and even resorts that use generators require diesel, so this affects their operating costs," he told Bernama recently. He said that in the current situation, entrepreneurs need to be smarter in managing expenses and adjusting operational strategies to control costs, thus ensuring business continuity. At the same time, Kamaruddin did not rule out the possibility that there were operators considering price adjustments if the cost increase continued, but advised that the measures implemented should not affect customer demand. "Small entrepreneurs are seen to be more affected by the lack of savings to absorb increased costs compared to large entrepreneurs who have stronger financial capabilities," he said. Meanwhile, he said the state government would continue to play a role in supporting the tourism industry, including examining the forms of assistance that could be channeled through relevant agencies, even though the issue of fuel prices was under the jurisdiction of the federal government. Last Wednesday, the Ministry of Finance in a statement announced that the retail price of diesel in the Peninsular had increased by 50 sen to RM6.02 per litre while in Sabah, Sarawak and Labuan it remained at RM2.15 per litre.

KOTA BHARU: The increase in diesel prices is beginning to put pressure on the tourism industry in Kelantan as operators are forced to adjust operations to accommodate the rising costs. State Tourism, Culture, Arts and Heritage Committee Chairman Datuk Kamaruddin Md Nor said the use of diesel was an important component in tourism industry operations. […]

MCMC Investigating Five Individuals For Disseminating False Info On Fuel Price Hike

PUTRAJAYA, The Malaysian Communications and Multimedia Commission (MCMC) is investigating five individuals suspected of disseminating false information regarding the increase in petrol and diesel prices on Threads. It said that three of the five individuals have been called up to have their statements recorded for investigation purposes. “Based on the complaints received, the content disseminated […]

GOF Arrests Three Thai Men For Attempting To Smuggle Petrol, Diesel Into Thailand

KANGAR -- The General Operations Force (GOF) detained three Thai men who were attempting to smuggle petrol and diesel into Thailand using modified vehicle tanks on Jalan Kangar-Padang Besar, near the Padang Besar Immigration, Customs, Quarantine, and Security Complex (ICQS) yesterday. Its Northern Brigade Commander, SAC Balveer Singh a/l Mahindar Singh said the police arrested the men, aged between 22 and 45, after inspecting three suspicious-looking pickup trucks during ‘Op Taring Bravo 1’ at 9 am. "As a result of the inspection, it was found that there was a quantity of liquid suspected to be petrol and diesel, in the modified tanks of each vehicle believed to be for smuggling petrol and diesel into Thailand," he said in a statement tonight. He said the total amount of petrol and diesel seized amounted to 410 litres, estimated to be worth RM 2,015.70, and the three vehicle drivers were believed to be actively involved in smuggling due to high demand in neighbouring country, with the total seizure amounting to RM 217,015.70 including the vehicles. "This (smuggling attempt) was due to the lower prices and the reduced stock of petrol and diesel in Thailand as a result of the ongoing global geopolitical crisis," he said, adding that the case is being investigated under Section 21 of the Supply Control Act 1961 read together with Section 8(4)(a) (Act 122). He also said that the Perlis Traffic Investigation and Enforcement Department (JSPT) also issued summonses to each of the foreign drivers for modifying the vehicle. He added that the operation was carried out by the Royal Malaysia Police through GOF Northern Brigade headquarters’ Risk Branch, in collaboration with the Perlis branch of the Ministry of Domestic Trade and Cost of Living (KPDN) and the Perlis JSPT.

KANGAR — The General Operations Force (GOF) detained three Thai men who were attempting to smuggle petrol and diesel into Thailand using modified vehicle tanks on Jalan Kangar-Padang Besar, near the Padang Besar Immigration, Customs, Quarantine, and Security Complex (ICQS) yesterday. Its Northern Brigade Commander, SAC Balveer Singh a/l Mahindar Singh said the police arrested […]