PETALING JAYA: The jump in diesel prices has become a big bane for contractors and towing service providers, as their businesses are not entitled to receive fuel subsidies.
“For example, the rental for a backhoe was around RM358 per day, but it has now increased to RM600,” he said. Mohamed Fadzill added this would, in turn, result in people struggling to afford homes due to the high cost.“We can’t receive any diesel subsidies this way, and with the increasing prices, I worry we will go out of business.
Towing service owner Ocar Wong said that his company had applied for diesel subsidies since April but was swiftly rejected because their business did not meet the eligibility criteria.Transportation services provider T. Harikrishna Rao said there had been no updates on his fleet card application under the Subsidised Diesel Control System programme, despite submitting it several weeks earlier.
Source: Financial Digest (financialdigest.net)
Subsidy Towing Services Contractors Transportation
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cops arrest four in connection with four-wheel drive vehicle theftsPETALING JAYA: Looks like Perak have unearthed a South Korean star after winger Lee Tae-min starred in Perak’s shock 2-0 Super League win against Kedah at the Darulaman Stadium in Alor Setar on Friday (May 24).
Source: staronline - 🏆 4. / 75 Read more »
Discover how you can save more with foodpanda’s pandapro!WASHINGTON (Reuters) - President Joe Biden's administration is asking big technology companies to invest in new climate-friendly power generation to cover their surging demand, U.S. Energy Secretary Jennifer Granholm told Reuters.
Source: staronline - 🏆 4. / 75 Read more »
Modi claims victory for his alliance in India’s general election; BJP-alliance set to win majority with 290-plus seatsWASHINGTON (Reuters) - President Joe Biden's administration is asking big technology companies to invest in new climate-friendly power generation to cover their surging demand, U.S. Energy Secretary Jennifer Granholm told Reuters.
Source: staronline - 🏆 4. / 75 Read more »
QuickCheck: Is there a 'prison' hotel in Latvia where guests are treated like convicts?WASHINGTON (Reuters) - President Joe Biden's administration is asking big technology companies to invest in new climate-friendly power generation to cover their surging demand, U.S. Energy Secretary Jennifer Granholm told Reuters.
Source: staronline - 🏆 4. / 75 Read more »
Bracing for pricier travelWASHINGTON (Reuters) -Four more U.S. states on Tuesday joined the Justice Department's lawsuit against Apple Inc alleging the iPhone maker is monopolizing smartphone markets, the department said in a statement.
Source: staronline - 🏆 4. / 75 Read more »
Two-thirds in US fear violence could follow election, Reuters/Ipsos poll findsWASHINGTON, May 23 — Two out of three Americans say they are concerned that political violence could follow the November 5 election rematch between Democratic President Joe Biden...
Source: malaymail - 🏆 1. / 86 Read more »