170% Gas Price Hike for Eateries to Raise Food Costs, Burden Consumers, Says MCA President

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.

Gas Price Hike

Business News

Asir Fatagar

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