KINABATANGAN (July 28): The Ministry of Domestic Trade and Cost of Living (KPDN) is activating a mass movement involving the public to combat the misappropriation of subsidised controlled goods in Sabah and Sarawak, especially diesel and RON95, to ensure that the targeted groups can enjoy the priviledge.
Minister Datuk Armizan Mohd Ali said in a statement Sunday that the movement was a result of the federal government’s decision to implement targeted diesel subsidy for consumers across Peninsular Malaysia, with the exception of Sabah, Sarawak and Labuan.
“This mass movement aims to bolster enforcement efforts in plugging the leakage of subsidies through monitoring and information dissemination. The misappropriation and smuggling of controlled goods are not only legal offences but also deny the people from enjoying their subsidy rights,” he said after opening a Petronas petrol station in Bukit Garam, here.
He said trading controlled goods is not only against the law, but also sabotages the country’s economy and undermines the government’s efforts in distributing social assistance to those in need.
Meanwhile, Armizan said the exemption of Sabah, Sarawak and Labuan in the implementation of the targeted subsidy involves an estimated subsidy amount of RM3.6 million for this year.
According to him, the key factor behind the federal government’s decision to continue the subsidy in Sabah, Sarawak and Labuan is the high dependency of its consumers on diesel-powered vehicles.
It is also due to considerations of a potential ripple effect where prices of goods and services are higher compared to those in Peninsular Malaysia, as well as the level of readiness and access to information among diesel users to implement subsidy profiling, he said.
“(However) the government does not deny that the issue of leakage caused by misappropriation and smuggling of diesel is also happening in Sabah, Sarawak and Labuan,” he added.
Armizan said the government had directed all relevant agencies, including KPDN, Royal Malaysian Customs Department, Royal Malaysian Police, Road Transport Department and border control agencies to strengthen their enforcement strategies and approaches.
He also urged all parties, including the public, to report activities involving misappropriation and smuggling of subsidised controlled goods by lodging detailed and accurate complaints with the ministry.
By Bernama. 28 July 2024.
Source: The Edge Malaysia. https://theedgemalaysia.com/node/720662. 28 July 2024.
Asia and Europe on divergent coal paths. Global seaborne coal trades are being cleaved apart, with Asian economies taking more and more volumes while the West pulls back from the commodity. According to data from AXS Marine, the volume of steam coal cargoes discharged at mainland Chinese ports in October reached 34.25m tonnes, up 15.8% from September, and up by [...]
Hong Kong’s role in global ship finance. The city has plenty of core strengths when it comes to providing capital to shipping. The latest installment from our brand new magazine being distributed across Hong Kong Maritime Week. Hong Kong has a long tradition of providing shipping finance and progress has recently been made to attract new owners, leasing companies and [...]
China stretches lead at the top of shipbuilding stakes. China’s grip on global shipbuilding is growing ever stronger, building a sizeable gap from second place, South Korea, with some warning the dominance the People’s Republic exerts in this construction sector could become an early target from the incoming Donald Trump administration in the US. At the start of the century, [...]
Scroll To Top