LARUT: The ceiling price for fuel will be announced weekly from April, said Domestic Trade, Cooperatives and Consumerism Minister Datuk Hamzah Zainuddin. He said the ceiling price would likely be announced on a Monday or Saturday for the week compared with currently, where prices are announced once a month. He said this would enable consumers to know the current prices and avoid confusion. Hamzah said a notice highlighting the ceiling price would be placed at all petrol stations throughout the country to enable consumers to know if it had been raised or lowered. Asked about the request by the Perak Petroleum Dealers Association (PPDA) to not undertake a ceiling price mechanism, Hamzah said his ministry had a discussion on the matter on Friday.

Source: The Star March 04, 2017 08:39 UTC