‘Petroleum products will be affected by proposed tax’


KUCHING: The state government’s proposed 5% sales tax on petroleum products may adversely impact the competitiveness of these products in Sarawak, Economic Affairs Minister Datuk Seri Mohd Azmin Ali said.

Any cost increase through the imposition of the additional tax would cause these products to be no longer attractive as they would become more expensive than similar products from other oil-producing states, he said.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

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!

Health , azmin , ali

   

Next In Nation

Lawyer of individual implicated in graft video case approached MACC for immunity, says Azam
Zahid congratulates M'sian MLBB team for 2024 IESF World Championship victory
Police looking for man who beat up disabled man at Dataran Shah Alam
Tributes pour in for late Tan Sri Dr Ibrahim Saad
Pickleball to be introduced at Sukma 2026, says Selangor MB
Ex-Penang deputy chief minister Tan Sri Dr Ibrahim Saad passes away
Malaysian e-sports squad wins IESF World Championship 2024
Two Johor boys missing after water-related mishaps
Download InfoBencana JKM 3.0 app, flood-prone areas' residents told
Typhoon Pepito: Malaysians in the Philippines advised to stay safe

Others Also Read