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March 19, 2008
Pump price hike
'Scrap the three-quarter fuel tank rule.'

MR CHONG KOK-KEAN, reacting to Monday's fuel price hike. Mr Chong, who is in logistics, says transport-related businesses like his will not be able to cope because such hikes come on top of increases in COE, ERP and CBD charges. According to Mr Chong, one way to lessen the financial burden on businesses like his is to do away with the three-quarter tank rule for Singapore vehicles going to Malaysia. Pump prices are substantially cheaper in Malaysia, largely because of the exchange rate

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