Finance Minister Lim Guan Eng says the move to reduce toll rates by 18% will allow the people to enjoy some economic benefits. – The Malaysian Insight file pic, January 18, 2020.
THE move to reduce the toll rate by 18% on several highways under PLUS Malaysia Berhad is the first in the country, despite the extension of the concession period.Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!
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.
PMO: PLUS to lower tolls on six highways from Feb 1PETALING JAYA: Six highways will start lowering their tolls as early as Feb 1 and there will be no more toll hikes for the next 38 years, says the Prime Minister's Office. 'It added that the government would save RM42bil from not paying compensation should PLUS be sold.' Government isn't a damn piggy bank for goodness sake - you should be thinking of saving for the people and not for yourselves. Bravo!
Source: staronline - 🏆 4. / 75 Read more »
Lower tolls on PLUS highways from Feb 1 at no extra cost to govtPutrajaya says it will not pay compensation to PLUS for reducing toll charges. FMTNews PLUS Toll 😂 No free toll...at least with reducing toll charges.... Using same logic , can government abolished tolls at no cost?
Source: fmtoday - 🏆 5. / 72 Read more »
Ringgit opens marginally lower against US dollarAn analyst says local note remains the bullish sleeper for first half of this year. FMTNews Ringgit USDollar
Source: fmtoday - 🏆 5. / 72 Read more »
‘Lower toll charges will ease cost-of-living pressure’PETALING JAYA: The government’s move to ask PLUS Malaysia Bhd to once and for all fix its toll charges at lower rates is expected to slow down hikes in transportation costs, say economists. Not at all, unless prices of other goods & foods r also reduced since when they were raised, among other excuses given, were d increase in tolls. Lowering any kind of charges without justification of quality of service and product..Just to keep increasing perks for over employed organisations in Govt link n Govt..Is gross injustice to tax payer..chedetofficial guanenglim aslimyofficial TI_Malaysia Ambiga_S mariachin
Source: staronline - 🏆 4. / 75 Read more »
Dr M: PLUS can repay all its debts with extended concession periodKUALA LUMPUR: PLUS Malaysia Bhd will be able to repay all its debts with the new extension to the toll concession period, says Tun Dr Mahathir Mohamad.
Source: staronline - 🏆 4. / 75 Read more »
20 + 18 toll discount for Penang Bridge? Plus will clarify, says LimNSTnation: The finance minister remarked that the previous Barisan Nasional (BN) government had only extended the concession period but never offered toll rates reduction.
Source: NST_Online - 🏆 17. / 53 Read more »