Dr Wee Ka Siong, MCA president, highlighted that eateries using commercial 14kg purple LPG cylinders, priced at RM70 each, face a 170% cost increase compared to subsidized domestic green cylinders at RM26 each. This price hike raises food production costs, which are passed on to consumers, impacting the cost of living. He criticized the government for not subsidizing small traders despite Malaysia being the world’s 5th largest LNG exporter and questioned the RM3.4 billion LPG subsidy cost in 2024. Additionally, eateries using over three cylinders monthly need a permit, enforced through Ops Gasak, with seizures worth RM883,000. Dr Wee urged leniency for small vendors struggling financially.
Business News
170% Gas Price Hike for Eateries to Raise Food Costs, Burden Consumers, Says MCA President
Eateries face 170% gas price hike, raising food costs for consumers, says MCA president, urging subsidies for small traders.
Related stories
Automation
HiMobility: RTS and EV Buses Drive Growth
Byline
What Makes a Workplace Worth Growing With?
Banking and Finance
Leave a Reply
You must be logged in to post a comment.