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Increase in electricity tariff surcharge and labor costs to also raise new car prices, auto component makers in Malaysia point
Reported on December 29, 2022, auto component makers in Malaysia have complained about the sudden revision of electricity tariff surcharge for medium voltage (MV) and high voltage (HV) industrial users, put into force on January 1, 2023. The local government was also asked to defer its implementation.
This dramatic....
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