NCCIM urges govt to consider alternative measures on electricity surcharge hike


Tan Sri Soh Thian Lai.

KUALA LUMPUR: The National Chamber of Commerce and Industry of Malaysia (NCCIM) has urged the government to consider alternative policy measures following the recent announcement of a drastic increase in the electricity tariff surcharge for medium (MV) and high voltage (HV) users.

In a statement today, president Tan Sri Soh Thian Lai said the government could implement a phased and gradual increase in the electricity tariff surcharge as an alternative policy to allow industries and businesses to adjust and plan their operations and investments.

Save 30% for ads-free and full access now!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Selling on Bursa Malaysia continues following Wall St plunge
Trading ideas: LCTitan, CelcomDigi, Axiata, MMHE, Capital A, Sapura Energy, Euro, Cahya Mata, Nylex, SDS, Chemlite
Nation mourns passing of renowned economist Kamal Salih
ZTE, CelcomDigi in AI telecoms infrastructure partnership
Shopee parent Sea posts second year of profitability
Ericsson in DNB, CelcomDigi digital shift tie-up
Al-Salam-REIT in RM10mil property sale
Express Powerr eyes ACE Market listing
ACE Market-bound Chemlite buys land from PDC
Euro Holdings plans corporate exercises

Others Also Read