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Malaysia's leader pledges to ease public burden after massive gasoline price hike
The Associated Press , Kuala Lumpur | Mon, 06/09/2008 6:31 PM | Business
Malaysia's leader says the government will improve public transport and introduce other measures to ease public worries after the government raised gasoline prices 41 percent last week.
Prime Minister Abdullah Ahmad Badawi said in a speech Monday that "it was a difficult and agonising decision to make."
Like other Asian countries, Malaysia faces a spiraling fuel subsidy bill due to rising world oil prices.
Still, despite the increase, Malaysia's gasoline prices remain lower than other Asian nations such as Singapore, Thailand and India.(**)
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