SHAH ALAM: Leading homegrown power distribution specialist manufacturing low voltage (LV) and medium voltage electrical distribution equipment, Powerwell Holdings Bhd, is providing all its employees with a special monthly fuel allowance of
RM100, effective immediately, in direct response to the sharp surge in global
oil prices that have significantly raised fuel costs for Malaysians.
The sharp surge in global oil prices, driven by geopolitical tensions in the Middle East, has pushed unsubsidised RON95 to RM3.87 per litre — nearly double the
subsidised rate of RM1.99.
With fuel costs rising sharply, working households who commute daily are facing a significantly heavier financial burden.
Recognising the immediate financial impact on its workforce, Powerwell acted swiftly to cushion this burden.
The special monthly RM100 allowance will be disbursed to all eligible employees, making Powerwell among the first Malaysian employers to proactively introduce such a benefit in direct response to rising fuel costs.
Powerwell has always regarded its people as its greatest asset. Fuel is not a
luxury — it is a necessity for getting to work, sending children to school, and
running daily errands.
When fuel prices surged, and the financial burden on everyday Malaysians became clear, the group knew it had to act.
The special monthly RM100 allowance is Powerwell’s way of saying — the company sees its employees, hears them, and stands with them.
This reflects a genuine commitment to the people who power the company every single day.
This initiative is part of the group’s broader responsibility to ensure that national policy changes do not unduly impact employees’ quality of life.
Powerwell will continue to review and respond to economic developments that affect its people’s well-being — because when its people thrive, Powerwell thrives.
The group will continue to monitor the situation closely and remains committed to providing additional support should the need arise.
