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Inform new petrol prices much earlier, says association
Published on: Saturday, March 28, 2015
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Johor: Johor Indian Business Association president P. Sivakumar said the Government should make the announcement on the new petrol prices much earlier rather than to do it at the very last minute.He said consumers would normally get the unofficial announcement of the new fuel prices on the last day of the month via WhatsApp, Facebook, SMS or bloggers instead from the Government side.

"It really creates unnecessary anxiety among consumers especially when the news saying that fuel prices will go up on the first day of the month," said Sivakumar.

He said looking at the way things had taken place in the recent months; it seemed that the Government had lost to other parties when it comes to announcing the new fuel prices.

Sivakumar said motorists would rush to petrol stations to beat the midnight deadline before the increase in petrol prices take effect creating chaotic situation in most places.

"The Government should make the announcement at least three days before the last day of the month as the relevant agencies already have made the calculations on the new prices," he said.

Meanwhile, Johor Baru Chinese Chamber of Commerce and Industry president Datuk Loh Liam Hiang concurred with Sivakumar that the Government should make the announcement much earlier before others.

He said it looked bad on the Government as consumers were now depending more on news sources first from the third parties instead of the relevant authorities.

"Consumers do not expect accurate calculations if it is made much earlier but the pricing should be within the acceptable range based on the fluctuation of the global oil prices," said Loh.

Property manager Jaclyn Tay said a slight increase in fuel prices was something sensitive to Malaysians as history had proven that this would lead to increase in prices of goods and services.

"But when the prices of fuel go down, most businesses and traders will come out with all sorts of excuses that they could not reduce their prices as their overhead cost was still high," she lamented.





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