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RM5.2 billion electricity subsidy will help businesses, say employers federation | The Malaysian Insight

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RM5.2 billion electricity subsidy will help businesses, say employers federation

Malaysian Employers Federation Syed Hussain Syed Husman hopes the government will soon share the plan on electricity tariff adjustment beyond December 31, 2023. – Facebook pic, June 25, 2023.

“It is important that businesses, especially the MSMEs, are assisted in their efforts to recover, be more sustainable and assist to stabilise the labour market. The subsidy is to ensure that the majority of domestic consumers and non-domestic low usage consumers would not be affected by the electricity tariff adjustment, while high and medium usage non-domestic consumers would see a decrease in their electricity costs.

Source: News Formal (newsformal.com)

 

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