Malaysia
Petrol prices up 1 sen per litre
A worker at state-owned Pertamina, the countrys main retailer of subsidised fuel, fills a vehicle at a petrol station in Jakarta November 17, 2014. u00e2u20acu201d Reuters pic

KUALA LUMPUR, Aug 30 — Petrol prices will go up by 1 sen per litre for this coming week: RM2.16 and RM2.44 per litre for RON95 and RON 97 respectively.

According to the Domestic Trade, Co-operatives and Consumerism Ministry’s weekly announcements, diesel price will go back to its price last week at RM2.04 per litre.

The prices become effective after midnight and will remain valid until the end of next Wednesday.

Putrajaya previously said it would review the weekly price setting following complaints from the industry, but later decided to retain the mechanism.

The government began the weekly announcements for the ceiling prices of fuel on March 29, after it discarded the monthly managed float system.

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