Fuel rationalisation plan must be foolproof, says business group

PUTRAJAYA cannot leave it to the last minute to reveal how the diesel subsidy, on which small- and medium-sized enterprises (SMEs) are heavily reliant, will be rationalised, a trade group said.

SME Association of Malaysia secretary-general Chin Chee Seong said targeted subsidies will have a cascading effect on the transport and logistical costs of SMEs.

“There…