KUALA LUMPUR, April 1 — The Malaysian government has introduced maximum price controls for the rental of tourist buses and vans. The move follows significant price increases in the sector after the government implemented targeted diesel subsidy reforms in June 2024, which caused diesel prices to rise substantially.
The Ministry of Domestic Trade and Cost of Living (KPDN) announced the new maximum rental rates, which vary based on vehicle type, capacity, and rental duration (daily or hourly). For example, the maximum daily rate for a 44-seater executive bus is set at RM3,500, while a 12-seater van is capped at RM1,200 per day. The guidelines are intended to protect consumers from being overcharged.
Minister Datuk Armizan Mohd Ali stated that the controls were necessary to prevent profiteering and ensure tourism industry stability following the diesel price adjustments. Operators found violating the price caps can face fines or have their licenses suspended.
The new maximum price guide is effective immediately and applies to rentals for purposes such as school trips, corporate events, and family travel. Consumers are advised to refer to the official KPDN website or app to verify the approved rates before booking.
