KUALA LUMPUR: Two individuals from the Wangsa Maju Federal Territory Residents' Representative Council (MPPWP) have been ordered to immediately vacate their positions following a viral video alleging they solicited protection money from a business premises.
PHNOM PENH : Cambodia has decided to reduce import duties on electric vehicles , electric stoves and solar-powered devices in an effort to mitigate the impact of rising global fuel prices caused by the Middle East conflict.
In a statement dated Saturday and publicized on Sunday, the General Department of Customs and Excise said the government has decided to cut import duties from 35 percent to zero percent on passenger EV cars, electric stoves and toasters. The government decided to lower import duties from 35 percent to 7 percent on passenger plug-in hybrid electric vehicles , the statement added. It cut import duties from 7 percent to zero percent on the chargers of EV batteries, electric rice cookers and solar lamps, the statement said. The government also lowered import duties from 15 percent to zero percent for the motors of EVs, PHEVs, HEVs , solar power systems, lithium batteries, electric stoves and electric kettles.The latest measures came after fuel prices have skyrocketed since the onset of the Middle East conflict. A liter of regular gasoline costs 5,000 riels , diesel 7,200 riels, and Liquefied Petroleum Gas 3,400 riels on Sunday, according to the Ministry of Commerce. Since the outbreak of the Middle East conflict, the prices of regular gasoline, diesel and LPG in Cambodia rose by 30 percent, 87 percent and 70 percent, respectively, the ministry said. The ministry announced on March 20 that the government has reduced import duties and taxes on gasoline and diesel products, aiming at mitigating the impact of rising international oil prices and relieving consumers' burden. The Southeast Asian country entirely relies on imported petroleum and diesel, as its seabed's oil reserves have not been exploited yet. -- Xinhua 42 travellers found with vapes, over 240 vaping devices seized at Singapore checkpoints within four daysWorries about global economic pain deepen as the war in Iran drags onThunderstorm, heavy rain warning issued for several states until 9pm 'Sweet-tooth thieves' - Nestl� says 413,793 KitKat candy bars stolen en route from Italy to Poland
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Health Ministry aims to ease HKL MRI congestion with increased outsourcingKUALA LUMPUR, March 28 — The Ministry of Health (MOH) has reintroduced the Hospital Services Outsourcing Programme (HSOP) at Kuala Lumpur Hospital (HKL) to ease congestion and...
Read more »
After border clashes with Thailand, Cambodia’s economic time bomb ticks louderKUALA LUMPUR: Two individuals from the Wangsa Maju Federal Territory Residents' Representative Council (MPPWP) have been ordered to immediately vacate their positions following a viral video alleging they solicited protection money from a business premises.
Read more »
Bella Astillah and Syed Saddiq Announce Engagement in Kuala LumpurActress Bella Astillah and politician Syed Saddiq Syed Abdul Rahman celebrated their engagement in a beautiful ceremony in Kuala Lumpur. The event was attended by family and friends, with the couple exchanging gifts and sharing their joy with the public through social media.
Read more »
Electric vehicles adoption may accelerate on firmer crude oil prices: CIMBKuala Lumpur: Malaysia’s transition towards electric vehicles (EVs) could accelerate due to elevated crude oil prices, particularly among buyers in the premium internal combustion engine segment, according to CIMB Securities Sdn Bhd.
Read more »
PKR Members Arrested for Alleged Extortion at Massage ParlourTwo PKR members were arrested in Kuala Lumpur after being accused of soliciting protection money from a massage parlour in Wangsa Maju. The arrests were confirmed by the Kuala Lumpur police chief, and investigations are ongoing under the Penal Code and Communications and Multimedia Act. The party has asked the men to resign, and the city hall denies any affiliation.
Read more »
Cambodia Adjusts Fuel Prices in Response to Middle East Conflict and Global Oil MarketCambodia's Ministry of Commerce announces fluctuations in retail fuel prices, with gasoline prices decreasing while diesel prices increase due to the impact of the Middle East conflict and rising international oil prices. The government reduces import duties and taxes on gasoline and diesel to mitigate the impact of rising costs and alleviate consumer burden. The country relies entirely on imported petroleum and diesel.
Read more »