As usual the government has again increased the price of petrol/diesel, with a last minute announcement. The petrol stations will be packed with motorist tonight. All the best people.Fuel hike: more for fuel
Jun 4, 08 4:55pm
The government has just announced that petrol price to go up by 78 sen at midnight - a 41% jump from RM1.92 per litre to RM2.70.
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Under the scheme, vehicles below 2000cc will receive a RM625 rebate annually...
Motorcyclists will be given a rebate of RM120. ...
Rebate will be paid when motorists renew the road-tax for their vehicles.
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http://www.malaysiakini.com/news/83938
BREAKING NEWS: Petrol will be RM2.70 a litre at midnight tonight
http://www.nst.com.my/Current_News/NST/Wednesday/Frontpage/20080604171620/Article/index_html
The new price of premium leaded petrol (ULG 97) is RM2.70 per litre beginning midnight tonight, it was announced a moment ago. The price for ULG 92 petrol per litre went up by 74 sen. Diesel will go up by RM1 per litre. The 78 sen hike or 40 per cent increase for the ULG 97 petrol is still below the antiticpated RM4 per litre price projected earlier and among the cheapest in Asia. Price Watch: New subsidies only for poor
2008/06/04
http://www.nst.com.my/Current_News/NST/Wednesday/Frontpage/2257690/Article/index_html
KUALA LUMPUR: The government will scrap ceiling prices on petrol and diesel in August, and allow market forces to determine pump prices after incorporating a new subsidy system for lower-income groups.
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India and Malaysia Risk Voters’ Wrath by Raising Fuel Prices
Posted by St Low
Wednesday, 04 June 2008
http://www.malaysia-today.net/2008/content/view/8393/84/
BANGKOK — With no end in sight for high world oil prices, India and Malaysia on Wednesday became the latest Asian countries to risk the wrath of voters by raising the price of subsidized fuel. The increases are a highly unpopular measure that could further weaken both governments already made fragile by recent electoral setbacks.
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Cartoon from http://www.cartoonstock.com/newscartoons/cartoonists/mmc/lowres/mmcn9l.jpg
3 comments:
Under the scheme, vehicles below 2000cc will receive an annual rebate of RM625 to compensate for 800 litres of fuel used under the new price.
According to the prime minister, the money will be paid by money order. Rebate will be paid when motorists renew the road tax for their vehicles.
How does it work? Is the government going to pay us RM625 via money order when it is time for me to pay our road tax?
u n your gun smiley! tsk tsk tsk!
well... only "when" they pay back... then only i'll believe.
as for now... what i know, the govt is NATO! *hmmpphh*
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