The Malaysia Competition Commission has handed down a whopping RM415.5 million fine to five poultry feed companies after being found to have jointly fixed prices for their products in the local chicken-rearing industry.
The Malaysia Competition Commission has failed in its application to review the Federal Court’s previous decision in refusing to give the regulatory body leave to pursue its appeal to reinstate RM10 million in fines imposed on Malaysian Airlines and AirAsia Bhd for breaching a market-sharing prohibition.
The Energy Commission has set a new average base tariff of 45.40 sen/kWh for RP4, slightly lower than before, bringing overall electricity costs down by up to 19% compared to the previous regulatory period
