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RON95 price will not be raised, assures Anwar
RON95 price will not be raised, assures Anwar

The Star

time10 hours ago

  • Business
  • The Star

RON95 price will not be raised, assures Anwar

ISKANDAR PUTERI: The price of RON95 petrol will not be raised, even if there is a sharp increase in global crude oil prices due to geopolitical tensions involving Iran and Israel, assures the Prime Minister. Datuk Seri Anwar Ibrahim said that although the price increase benefits the national petroleum company, the government aims to avoid burdening the people with higher fuel costs. Any future adjustments will be made carefully, taking into account the needs and financial capacity of the people, he told a press conference after a closed-door meeting with Johor PKR leaders and members. The price of RON95 for June 19-25 remains RM2.05 per litre. Anwar said the recent increase in global oil prices is due to sudden changes in the international market, despite prices previously remaining at relatively low levels. He said fluctuations in oil prices are a common occurrence, but the latest spike was particularly abrupt, triggered by the recent Israeli military assault on Iran. 'Oil prices go up and down. The increase this time has been quite sharp. 'This hike is partly due to increased demand and contributes to national revenue. However, we are not raising domestic fuel prices,' he said. The Prime Minister also said that a detailed explanation will be provided regarding the implementation of the review and expansion of the Sales and Service Tax (SST) scope which will take effect on July 1. He said the government acknowledged there has been confusion regarding the implementation, but gave assurance that the government's initiatives will not burden the lower-income group or the M40. 'We will give an explanation. Sometimes, general statements, such as saying bananas will be subjected to SST, cause confusion. Actually, it refers to imported bananas. 'But I agree we need to clarify this because what is important is that we do not want to burden the lower-income group or the M40,' he said.

Govt won't raise price of RON95 amid geopolitical tensions
Govt won't raise price of RON95 amid geopolitical tensions

The Sun

timea day ago

  • Business
  • The Sun

Govt won't raise price of RON95 amid geopolitical tensions

ISKANDAR PUTERI: Prime Minister Datuk Seri Anwar Ibrahim has given assurance that the government will not raise the price of RON95 petrol, even if there is a sharp increase in global crude oil prices due to geopolitical tensions involving Iran and Israel. He said that although the price increase benefits the national petroleum company, the government aims to avoid burdening the people with higher fuel costs. 'Oil prices fluctuate. Currently, it is relatively low. (If) there is a sharp increase, the returns are good for Petronas, but it affects other countries. We are not increasing fuel prices,' he said. Anwar, who is also PKR president, told reporters this after a meeting with the Johor PKR leadership here today. At the same time, Anwar stressed that fiscal policies, including the reimplementation of the Sales and Service Tax (SST), must be implemented carefully so as not to pressure the lower-income (B40) and middle-income (M40) groups. 'Sometimes people get confused. For example, it was said that bananas are subject to SST. Actually, it's imported bananas. But we will clarify the matter. The important thing is, we do not want to burden the lower-income group,' he said. He also suggested that government departments and agencies serve local fruits during official functions as a way to support domestic production. 'For official receptions or government office events, use local food and fruits only. It's doable. Let's support local products,' he added. Anwar said the government is open to reviewing the list of goods and services subject to tax if there is confusion or unfairness in its implementation. Commenting further on the issue of SST on educational institutions, the prime minister explained that tax is only imposed on international schools that charge fees above a certain high threshold. 'Regular schools, private schools that charge RM10,000 or RM20,000 are not taxed. But if it's RM60,000 a year, then pay a little tax,' he said. Anwar also stressed that tax revenue will be used to fund public needs such as the construction of schools and the upgrading of public healthcare facilities. 'Wherever I go, hospitals are crowded. Many schools also need repairs. We need funds, and those come from taxes, but not from ordinary citizens. We target the upper class and foreign sectors,' he said.

Govt will provide detailed explanation on SST amendments, says Anwar
Govt will provide detailed explanation on SST amendments, says Anwar

The Star

timea day ago

  • Business
  • The Star

Govt will provide detailed explanation on SST amendments, says Anwar

ISKANDAR PUTERI: The government will provide a more detailed explanation regarding the implementation of the review and expansion of the Sales and Service Tax (SST) scope, which will take effect on July 1. Prime Minister Datuk Seri Anwar Ibrahim said the government acknowledges that there has been confusion regarding the implementation, but gave assurances that the government's initiatives will not burden the lower-income group or the M40. 'We will give an explanation. Sometimes, general statements such as saying bananas will be subjected to SST cause confusion. Actually, it refers to imported bananas. 'But I agree, we need to clarify this because what is important is that we do not want to burden the lower-income group or the M40,' he added. Anwar said this in a press conference after attending a closed door meeting with Johor PKR leaders and members at a shopping mall in Medini here on Thursday (June 19). He added that some have argued that even the poor consume imported fruits, but it was something the government can address including making one or two changes. Anwar said that tax was not something simple where there were some that did not want to pay but it would be a problem as the government wants to improve schools, the poor and public hospitals. 'Our public hospitals are full and the condition of schools in our country are quite bad so we have to think where the government can get funds for it. 'That is we want to tax the high income group and foreigners, which is why imported fruits will be taxed. Even those that are paying private school fees between RM10,000 and RM20,000 would not be taxed. 'But those that are paying private school fees above RM60,000 a year, which they can afford, please pay a little bit for tax,' he said. Anwar also said that the government would not increase the RON95 price despite the ongoing tension between Iran and Israel at the moment. He attributed the recent increase in global oil prices to sudden changes in the international market, despite prices previously remaining at relatively low levels. Anwar said that fluctuations in oil prices are a common occurrence, but the latest spike was particularly abrupt, triggered by the recent Israeli military assault on Iran. 'Oil prices go up and down. Previously, prices were low, but the increase this time has been quite sharp. 'This hike is partly due to increased demand and contributes to national revenue. However, we are not raising domestic fuel prices.' He stressed that there would be no immediate changes to domestic oil prices, adding that any future adjustments would be made carefully, taking into account the needs and financial capacity of the people.

Tebrau MP Jimmy Puah seeks appeal after PKR leadership defeat
Tebrau MP Jimmy Puah seeks appeal after PKR leadership defeat

New Straits Times

time22-04-2025

  • Politics
  • New Straits Times

Tebrau MP Jimmy Puah seeks appeal after PKR leadership defeat

JOHOR BARU: Tebrau member of Parliament Jimmy Puah Wee Tse will file an appeal following his defeat in the race for Tebrau PKR division chief during the party elections last Sunday. Jimmy, who is also Johor PKR deputy chairman said he would go through party channels to submit the appeal. "We are always here. Always ready to serve the people of Tebrau. "Success is not final. Failure is not fatal. What matters is the courage to keep going. The work continues. The fight goes on. Yes, we will file an appeal or objection," he said in a Facebook post today. Meanwhile, when contacted, Jimmy—who is also the former Johor chairman for International Trade, Investment and Utilities—confirmed he would file an appeal over the defeat but declined to comment further. Last Sunday, there was a surprise outcome in the PKR Tebrau division elections, where two MPs—Jimmy (Tebrau) and R. Yuneswaran (Segamat), who was the incumbent Tebrau division chief—lost to ordinary PKR member M. Prakash. Prakash secured 690 votes, defeating Yuneswaran who received 589 votes, while Jimmy obtained 560 votes. The loss dashed Jimmy's bid to transition from being the Pulai division chief to leading the Tebrau division, which is also the parliamentary seat he currently holds. Yuneswaran also failed to retain his position as Tebrau division chief in the election.

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