Effective midnight tonight,
- New price for petrol is RM2.70 a litre. The price goes up by 78sen from the current RM1.92, a hike of 40%.
- Price of diesel would be increased by RM1 from RM1.58 to RM2.58.
Effective 1st July 2008, Tenaga Nasional Bhd would be raising electricity rates by 18% for homes and 26% for business users.
The announcements are part of the new fuel subsidy plan.
For more information, read Media Statement issued by The Prime Minister’s Office.
Source: The Star Online