A football game, the Beyoncé discography, FaceTime conversations about nothing: Thanks to the unfettered use of speakerphones, other people’s business is now yours too, loudly.
Still selling: A motorist fuelling up a diesel vehicle at a petrol station. For some, diesel vehicles are practical due to their durability, longer range, and fuel efficiency. — Bernama
Small and medium enterprise owners, commercial fleet companies and lifestyle users form the primary market for diesel vehicles. Furthermore, if there is a move to rationalise petrol prices, the SME owners may not be incentivised to switch to petrol. Furthermore, he noted that some business groups had been paying unsubsidised diesel rates even before the rationalisation was implemented.
The segment which is most likely to be affected will be the lifestyle users as the rationalisation may reshape their vehicle purchasing decisions, especially if they are not eligible for the Madani Subsidy Assistance Programme or Budi Madani, according to Kee. The government’s move to rationalise diesel subsidy recently was aimed at alleviating the financial burden on the national coffers while ensuring a fairer subsidy distribution besides address smuggling issues.
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