LIPSTIQ
  • Home
  • Fashion
  • Wellness
    • Parenting
  • Celebrity
  • Lifestyle
  • Giveaways
SUBSCRIBE
No Result
View All Result
LIPSTIQ
  • Home
  • Fashion
  • Wellness
    • Parenting
  • Celebrity
  • Lifestyle
  • Giveaways
No Result
View All Result
LIPSTIQ
No Result
View All Result
Home News

Malaysian Toll Rates Will Not Increase This Year

by Carmen Chong
February 6, 2014
Share on FacebookShare on Twitter
Photo: CBT MY
Photo: CBT MY

This is the best news we’ve heard so far! Malaysian citizens need not worry about the increasing toll rates for now as Deputy Prime Minister Tan Sri Muhyiddin Yassin confirmed that the Government will be paying RM400 million in compensation to the toll concessionaires.

Yes, that’s right, there will be NO increase in toll rates this year!

He said that the move was among the initiatives to aid the public to cushion the rising costs of living.

He also explained that the agreements with the concessionaires stated that toll rates should be increased after a certain period.

“We have decided that in order not to further burden the people, the Government will compensate the companies.

“Toll will still have to be paid but users will not be paying new rates,” he added.

The decision involved concessionaires handling highways in the Klang Valley as PLUS Malaysia Sdn Bhd, the operator of the North-South Expressway, had earlier announced that there would be no increase of its toll rates.

Muhyiddin said the Works Ministry had also been requested to look into the agreements to identify whether it could re-negotiate with the concessionaires to extend the concession periods. “This is a long-term initiative to ensure that the rates would not be increased.”

To that, we say cheers to all Malaysian motorists! For now, at least.

[Source]

In the NewsMalaysiaMalaysian News
Share3Tweet2Send

Related Posts

Fashion

Coach Brings Holiday Cheer With Exclusive Pop-Ups Across Malaysia

December 16, 2024
ZALORA
Shopping

ZALORA’s 12.12 Sale Is, Like, EVERYTHING!

December 12, 2022
Shopping

We’re Lololoving Metrojaya’s New Outlet @ Lalaport BBCC!

September 26, 2022
Naelofar
Fashion

Naelofar Nails It With 7th Outlet @ IOI City Mall!

September 7, 2022
  • About Us
  • Careers
  • Contact Us
  • Media Kit
  • Privacy

LIPSTIQ participates in various affiliate marketing programs, which means we may get paid commissions on editorially chosen products purchased through our links to retailer sites.

©2024 Vijandren Ramadass. All Rights Reserved.

No Result
View All Result
  • Home
  • Fashion
  • Wellness
    • Parenting
  • Celebrity
  • Lifestyle
  • Giveaways
No Result
View All Result
  • Home
  • Fashion
  • Wellness
    • Parenting
  • Celebrity
  • Lifestyle
  • Giveaways
We use cookies to improve your experience. Learn more