Malaysia hikes fuel prices
Afp, Kuala Lump
Malaysia raised the price of petrol by 6.6 percent and diesel by 18.5 percent from Sunday after it said it was committed to cutting fuel subsidies to free up funds for development projects. The price of a liter of petrol would rise by 10 sen (2.6 US cents) to 1.62 ringgit while diesel would go up by 20 sen to 1.281 ringgit.
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