Petrol dealers still in dire need of govt aid


Dateline 2020-08-03, Malaysian Reserve:

WHILE the demand for fuel at petrol stations is slowly recovering, operators are still running their businesses at a slight loss due to the fluctuation in oil prices.

However, Petrol Dealers Association of Malaysia (PDAM) president Datuk Khairul Annuar Abdul Aziz said the “damage” is not as severe as how it was during the earlier phases of the Movement Control Order (MCO).

“Quite a number of stations are up for sale as they could not sustain operations and cover the losses during the MCO.

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This entry was posted on Thursday, September 17th, 2020 at 6:13 am and is filed under oil and gas. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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