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Council of Eminent Persons briefed by more top officials

Council of Eminent Persons briefed by more top officials

PDAM president was called to discuss issues related to the petroleum retail industry. Amongst other things discussed were the Automatic Pricing Mechanism and the need for a review to reflect current developments, targeted subsidy implementations and implementation challenges. https://www.nst.com.my/news/nation/2018/05/371638/council-eminent-persons-briefed-more-top-officials-nsttv Council of Eminent Persons briefed by more top officials Source

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Petrol dealers push for a new system to allay price fluctuation

Petrol dealers push for a new system to allay price fluctuation

PDAM proposal: 1. Increase Margin 2. Self Ordering or Dealers Guaranteed Margin 3. Sdn Bhd The dealers guaranteed margin (DGM) mechanism, which is currently being practised by one of the country’s largest oil companies, is promoted as a nostrum to the weekly float system that has seen the closure of more than 300 petrol stations

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