RON97 price up seven sen, RON95 unchanged
In a statement today, MOF says the retail price of diesel in Sabah, Sarawak and Labuan remains at RM2.15 per litre, while in Peninsular Malaysia it will rise by seven sen per litre, from RM2.74 to RM2.81, during the same period. – Bernama photo
KUALA LUMPUR (June 18): The retail price of RON97 petrol will increase by seven sen per litre, from RM3.07 to RM3.14, for the period from June 19 to 25, while that of RON95 remains unchanged at RM2.05 per litre.
In a statement today, the Ministry of Finance (MOF) said the retail price of diesel in Sabah, Sarawak and Labuan remains at RM2.15 per litre, while in Peninsular Malaysia it will rise by seven sen per litre, from RM2.74 to RM2.81, during the same period.
'In line with the increase in global oil market prices, the government has set the retail price of RON97 petrol at RM3.14 per litre, while the retail price of diesel in Peninsular Malaysia is RM2.81 per litre.
'The diesel price in Peninsular Malaysia remains lower compared to the floated price of RM3.35 per litre on June 10, 2024,' the statement said.
MOF said the prices were set based on the weekly retail pricing of petroleum products using the Automatic Pricing Mechanism (APM) formula.
It said the government will continue to monitor the impact of changes in global crude oil prices and take appropriate measures to ensure the welfare and well-being of the people are safeguarded. – Bernama diesel MoF petrol price RON95 RON97
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Barnama
an hour ago
- Barnama
Local Property Developers Win 5 Gold Medals At FIABCI World Prix d'Excellence Awards 2025
PUTRAJAYA, June 14 (Bernama) -- Nine projects developed by local property developers managed to win five gold medals and four silver medals at the prestigious FIABCI World Prix d'Excellence Awards 2025 in Lagos, Nigeria last Thursday. Housing and Local Government Minister Nga Kor Ming said the success proved the potential and high capabilities of local property developers to compete globally. "The Housing and Local Government Ministry (KPKT) will continue to recognise and honour the best developers in the country as it reflects the MADANI Government's aspiration in strengthening local talent and raising Malaysia's reputation globally,' he said in a statement today.
The Star
4 hours ago
- The Star
JS-SEZ key to Johor's rise as regional innovation and investment hub
Johor Investment, Trade, Consumer Affairs and Human Resources Committee chairman Lee Ting Han ISKANDAR PUTERI: The Johor-Singapore Special Economic Zone (JS-SEZ) is emerging as a cornerstone of Johor's transformation into a next-generation regional powerhouse, with the state offering a compelling value proposition to global investors in artificial intelligence (AI), data centres and high-value industries. Johor Investment, Trade, Consumer Affairs and Human Resources Committee chairman Lee Ting Han said the JS-SEZ, developed in close collaboration with Malaysia's federal government and Singaporean counterparts, aims to harmonise cross-border regulations, unlock trade flows and ease talent mobility between the two countries. "This zone will make Johor even more competitive and connected,' he said during closing remarks on the first day of the Nikkei Forum Medini 2025 here today. He emphasised that Johor is not a passive recipient of federal or foreign policy, but an active agent shaping regional growth through coherent, long-term strategies rooted in clarity, consistency and capacity. At the heart of this transformation is Medini, a flagship smart city that Lee described as a "public-private innovation lab', attracting more than RM13 billion in cumulative investments to date in sectors such as healthcare, education, business services and smart infrastructure. "Medini is more than just real estate, it's a collaborative innovation platform. Now is the time to shift from dialogue to action through MoUs, pilot projects, and enduring partnerships,' he said. Lee urged policymakers and institutions to recognise that sustainable, digital nation-building depends on integrated action across technology, energy, environmental, social and governance (ESG) frameworks. "What we've built today reflects on the need for cross-sector coherence. Let us now move from consensus to execution,' he added. Lee noted that Johor is undergoing a fundamental shift from a traditional industrial base into a next-generation economic powerhouse, driven by policy innovation, infrastructure readiness and investor confidence. The two-day Nikkei Forum Medini 2025 forms part of broader efforts to position Johor as a regional innovation hub, supporting the JS-SEZ initiative to attract high-quality investments and integrate value chains between Malaysia and Singapore. - Bernama
Barnama
4 hours ago
- Barnama
Sarawak Metro Honoured With UITP Special Recognition Award
GENERAL KUCHING, June 18 (Bernama) -- Sarawak Metro Sdn Bhd has received the Special Recognition Award from the Union Internationale des Transports Publics (UITP) at a ceremony held recently in Hamburg, Germany. In a statement today, Sarawak Metro said the award was in acknowledgement of its efforts to reduce carbon dioxide emissions through the implementation of the Kuching Urban Transportation System (KUTS). The UITP Global Awards, which drew over 300 entries across nine categories from participants representing 50 countries, recognise excellence in sustainable urban mobility. Sarawak Metro chief executive officer Mazli Mustaffa said being shortlisted as a finalist was already a significant achievement. 'Although I was optimistic about our entry, I felt deeply honoured to learn that Sarawak Metro had been shortlisted as a finalist for this year's UITP Global Awards. 'And now, receiving the UITP Special Recognition Award for the work we are doing is truly a great honour. All of us at Sarawak Metro are humbled by this recognition from such a prestigious organisation,' he said. He added that the international recognition would further motivate the team to realise its vision of delivering a modern and sustainable public transport system for Kuching, which is scheduled to begin operations in 2026. Sarawak Metro is a member of UITP, which was founded in 1885 and is the only global network that brings together all public transport stakeholders and sustainable mobility modes. The UITP Summit is the premier global event for the public transport sector, attracting over 10,000 professionals including operators, authorities, industry suppliers, and policymakers from around the world.
