PETALING JAYA: Despite the recent hikes, petrol prices in Malaysia remain the cheapest in the region and smugglers are sending the fuel across the northern border by the thousands of litres. Although the fuel subsidy was scrapped two years ago, petrol and diesel continued to be smuggled across the Thai border from Malaysia. The floating fuel prices were supposed to bridge the gap in fuel prices between Malaysia and Thailand to curb smuggling. The cheaper fuel on this side of the border is a magnet for smugglers and enforcement agencies along the border have to remain alert. Between January and November last year, nine fuel smuggling cases were recorded and 54,307 litres of petrol worth RM65,168 and 79,705 litres of diesel worth RM95,646 were seized.

Source: The Star February 03, 2017 21:00 UTC