Fuel Retailers Association to request for a markup
Fuel Retailers Association to request for a markup
By
fijivillage.com
15/10/2010
The Fiji Fuel Retailers Association is expected to hand in submissions to the Commerce Commission soon requesting government to increase the markup they are permitted to add on the sale of fuel.
With service stations switching to self service from next Wednesday, Association President Baljeet Singh had earlier said that they have asked Prime Minister Commodore Voreqe Bainimarama to remove price control from retail fuel price.
However, he said they have not received any response so far.
Singh said the price control and increasing costs have made it impossible for them to make a reasonable profit.
He added they made submissions last year to Prices and Incomes board prior to the submission made in 1998 for removal of price control on retail fuel prices, but they were not able to get anything on that.
Meanwhile, Commerce Commission Chairman Dr Mahendra Reddy said the commission will make a comment after receiving the submissions from the association.
The Commerce Commission and Fuel Retailers Association are expected to meet on Monday.
People are being urged to remain vigilant and prepare as the effects of Tropical Depression TD03F are expected to be felt from tonight.According to th...
3 hours ago
A passerby seen wrestling and disarming one of the gunmen who opened fire at a crowd at Bondi Beach is being heralded as a hero as footage of the ...
17 minutes ago
Following recent heavy rain, several roads and crossings in Lautoka, Ba and Rakiraki are currently flooded and impassable.The Fiji Road Authority ...
28 minutes ago
The second suspect allegedly involved in an aggravated robbery outside the Raiwai Top Shop yesterday has been arrested.Police say the arrest was ...
2 hours ago
16 people have been killed in a shooting at Australia's Bondi Beach, which targeted the Jewish community, as more than 1,000 people attended an event ...
2 hours ago
18 youths have gained valuable hands-on skills and new income opportunities after completing a three-week Basic Poultry Production course at the ...
3 hours ago
Sonia Shanaaz, the mother of 10-year-old Aarna who was born with cerebral palsy, says silent treatment hurts after she reached out to the ...
3 days ago
Commissioner of Police Rusiate Tudravu says he will stand by his officers, and he does not support any officer being charged based on public opinion ...
3 days ago
The Fiji Airways Men’s National 7s side are working on their fitness as they prepare for the start of the 2025/2026 World 7s Series this ...
7 days ago
