KUALA LUMPUR Malaysia has lifted a temporary
ban on fuel sales to foreigners at its borders after the
government announced a 41-percent hike in petrol prices, the
Domestic Trade Ministry confirmed on Thursday.
The ban was no longer necessary following Wednesday's fuel
subsidy reform which will eventually lift Malaysian pump prices
to market rates, a ministry spokesman said.
Malaysia had earlier said filling stations in towns
bordering Singapore and Thailand would be temporarily barred
from selling fuel to foreign-registered vehicles in a move
aimed at curbing the abuse of subsidies.
Hundreds of Thai and Singapore motorists cross into
Malaysia daily to seek cheaper diesel and petrol.
The prime minister said on Wednesday petrol prices would
rise 41 percent to 2.70 ringgit ($0.833) a liter and diesel 63
percent to 2.58 ringgit from Thursday.
($1=3.242 Malaysian Ringgit)
(Reporting by Soo Ai Peng; Editing by Bill Tarrant)