PARIS (Reuters) -Debt-laden Atos has picked the offer of its anchor investor David Layani to restructure its debt, Le Figaro newspaper reported on Monday.
Steep hike: The government has set the price of diesel in the peninsula at RM3.35 per litre in line with the diesel subsidy rationalisation exercise. — CHAN BOON KAI/The Star
“Some clients have cancelled their bookings with us after being told of the revised price as a result of the diesel price hike,” he said.“They should have done it in stages, not suddenly like this,” said the operator, who requested anonymity. “What about the existing contracts that my factory bus company has signed with companies that have engaged us to ferry their workers?“The government should think of some mechanism to help us, such as giving us the same subsidies as what school bus operators are receiving,” she added.
“While subsidies may alleviate some of the burden, the fare increase looks inevitable as operators, too, need to cover their rising expenses,” he said.
Factory Tour Bus Government Price Float Diesel Subsidy
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