Hornbill Unleashed

May 12, 2017

Petrol station operators must be more creative to boost income, advises minister

Filed under: Politics — Hornbill Unleashed @ 8:01 AM

A pump attendant washes a windscreen at a Petronas petrol station outside Kuala Lumpur, Malaysia, March 2, 2016. ― Reuters picPetrol station operators are urged to be more creative by having other complementary businesses at their petrol stations to obtain a bigger profit from the business conducted.

Domestic Trade, Co-operatives and Consumerism (KPDNKK) Minister Datuk Seri Hamzah Zainudin said they could not just depend on the sale of fuels but must seek out other methods to boost their income.

“It is up to the petrol station operators to find alternatives to make more profits and not only depend on profit from the sale of fuels. It is their own creativity to do something by operating a petrol station not merely for petrol but also to carry out other business activities.

“For example, a petrol station in my village in Perak is thriving because it also has other businesses such as a cafe, dhoby, car wash and numerous other services,” he told reporters at the Companies Act 2016 Awareness Programme for Malaysian Retailer Chains Association (MRCA) and Association of Small and Medium Entreprises (SME) here today.

He said this when commenting on the issue of a small number of petrol station operators who were unhappy at the implementation of the ceiling prices of fuels announced every Wednesday from last April.

The prices are effective 12.01am on Thursday (March 30, 2017). For the calculations of the subsequent weeks it would use the processed petroleum product cost average and the one-week monetary exchange rate.

The implementation of the weekly controlled flotation method to fix the fuel prices was adopted to replace the previous monthly method.

Hamzah said the action of the government on the issue always prioritised the interest and need of the people and ensuring the people enjoyed fuel prices at the market rate.

Source : @ Bernama Online


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