PETALING JAYA: The jump in diesel prices has become a big bane for contractors and towing service providers, as their businesses are not entitled to receive fuel subsidies.
“For example, the rental for a backhoe was around RM358 per day, but it has now increased to RM600,” he said. Mohamed Fadzill added this would, in turn, result in people struggling to afford homes due to the high cost.“We can’t receive any diesel subsidies this way, and with the increasing prices, I worry we will go out of business.
Towing service owner Ocar Wong said that his company had applied for diesel subsidies since April but was swiftly rejected because their business did not meet the eligibility criteria.Transportation services provider T. Harikrishna Rao said there had been no updates on his fleet card application under the Subsidised Diesel Control System programme, despite submitting it several weeks earlier.
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Source: staronline - 🏆 4. / 75 Read more »