Petrol Price Increase up to 40% at Malaysia June 2008
Ruhani Rabin
Today evening the so called rumor came to life. Yes, Petrol price, diesel price has been increased by 40%-50% by midnight. Hundreds of thousands of cars queue at all the petrol stations around city and other places. It had been rumored that petrol price will go up by august 2008 but it seems government politicians has their wide sense of humor to play with citizens lives. It has been announced at TV today evening by the Honorable Prime Minister of Malaysia that petrol price will increase by 40% totaling per liter of petrol to RM2.70 and diesel to RM2.58. Well Malaysians should start doing their dance that it’s still cheaper in the Asia.. Nuff said. It will effect every single person, objects and equipments around the country. Expect a price burst as soon as next 5 - 15 days time. The Government sector salary has been increased few months before but not the private sector. All the private sector Employee will have a real bad time ahead of them. All the food, consumer product prices will go up by 20%-70%. Each middle class families will have a real hard time to cope up with the pricing.
| New Price | Old Price | |
| RON97 Petrol | RM2.70 liter | RM1.92 liter |
| RON92 Petrol | RM2.62 liter | RM1.88 liter |
| Diesel | RM2.58 liter | RM1.58 liter |
Hey suddenly something choked on my mind.. Have you guys watched “Transformers” ? Do you remember in the movie there was a scene; the sector 7 guy while he was showing the badge to Sam and the Girl and told them that’s the “Do anything and get away with it” badge. I don’t know why that scene suddenly appear in my mind.. Anyway
Here are the Facts and Subsidy Details:
- RM625 will be returned to the car owners of below 2000cc engines, they will send out the subsidy repayments to the owner whenever they renew the roadtax.
- 2500cc pick up trucks also falls under the subsidy
- Motor bikes under 250cc will get a rm150 subsidy per year
- Roadtax will be reduced for those who doesn’t come directly under subsidy, reduced roadtax by rm200 for engines above 2000cc
- Roadtax will be reduced for motorbikes above 250cc by rm150
Do you have your own opinion? Feel free to share.
By the way MalaysiaKini.com has not updated their news about this at the time of my writing.
Read the complete release from Prime Ministers office
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Comments
“We want to pay the subsidy directly to those who deserve them. We do not want foreigners to benefit from our subsidy,” Shahrir said.
this sentence is showing how irresponsible our leaders are. We can enforce control and law to control foreign car to pump from our local station but they didn’t even control. as for brunei they do control. This means our leader are not only irresponsible but also stupid giving stupid excuses to fool us citizen. Taking granted that we can’t do anything
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we produce oil.
we export oil.
petronas make money.
‘Rakyat’ pays more.
We produce rice.
we export rice.
we should have enough rice.
but we have to import rice?
We produce water.
we export water.
other country process it,
we buy back from them.
this is our government’s concept.
I really dun understand.
We need a new government
Make it happen
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anonymous (Who am I?) If government business is as straight forward as programming language, everyone will host their own government Web sites.
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Mali (Who am I?) 
NOT the cheapest yet.
In Asia there is still brunei with only BND 0.53 equivalent to around RM 1.22 for petrol and BND 0.29 equivalent to around RM 0.67 for diesel. Is it, that our dear prime minister look down on the existent of brunei as a country. Or he don’t even take brunei as a country in asia