Posted on by Kit

A really hefty price increase!

Fuel hike: 78 sen more to RM2.70 per litre
Malaysiakini
Jun 4, 08 4:55pm
The government has just announced that petrol price will go up by 78 sen at midnight – a 40.6 percent jump from RM1.92 per litre to RM2.70.

The price of diesel will go up RM1, or 63.3 percent – from RM1.58 per litre to RM2.58.

The price hikes are among government measures to cut the spiralling bill for oil subsidies, which is expected to amount to RM56 billion this year.

At a press conference held at 5.30pm, Prime Minister Abdullah Ahmad Badawi also announced that the government plans to offer rebates to motorists to offset the fuel price increase.

Under the scheme, vehicles below 2000cc will receive a RM625 rebate annually – to compensate for 800 litres of fuel used under the new price.

Meanwhile, motorbikes will be given a rebate of RM120. The money will be paid by postal order.

Rebate will be paid when motorists renew the road-tax for their vehicles.

The government is expected to save RM4 billion under this new subsidy restructure.

However, the government is slowly expected to head towards totally abolishing the fuel subsidy.

If petrol is to be sold at full market prices, it could be as high as almost RM4 a litre – about 50 percent above current levels.

Since 2004, petrol has gone up by 97.1 percent, while diesel increased by a whopping 231 percent [see chart below].

Higher TNB tariffs

Abdullah also announced that the road tax for vehicles above 2,000cc will be reduced by RM200. For motorbikes above 250cc, their road tax will be slashed by RM50.

The diesel subsidy for fishermen will be fixed at RM1 per litre while vessel owners will have to pay RM1.20 per litre.

The premier also announced a price hike in gas supply for electrical and industry sectors.

The premier further said that the electricity tariffs too would be increased.

He added that the power tariff rate would remain the same for households which use about 200 kilowatt of electricity, which would still cost them RM43.60.

Any usage beyond this would fall under the new price which will be announced by power supplier Tenaga Nasional soon.

Fuel Price

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233 Replies to “A really hefty price increase!”

  6. SO LETS SEE HOW GOOD OUR “FIRST WORLD” MINISTERS MANAGE THE ECONOMY IN DIFFICULT TIMES LIKE THESE- RISING FUEL AND FOOD COSTS………………………VIS-A-VIS RISING INFLATION

  9. Following such a steep increase in petrol price, prices of other goods are bound to rise and hence the cost of living will rocket. More miseries are in store for the rakyat especially the middle and low income groups.

    Mr. Anwar should quickly bring about a change of Federal Government to alleviate the people’s suffering.

  10. Questions to ask in Parliament:
    1. Would there had been a petrol price hike if the Pakatan Rakyat had taken over the Federal Govt?

    2. How come fellow oil exporters like the Gulf emirates do NOT sell petrol at world market rates to their people?

    3. Now that we can save RM56 billion from not subsidizing petrol, should we use this savings to buy the used useless re-entry capsule from Russia and also send up more umno space tourists to the ISS?

  12. Well Willlam85, widen your global viewpoints, BN always confuses us by claiming we still enjoy the cheapest oil price in Asia and one of the cheapest in the world. Just widen the comparison, those countries are not oil exporter, WE ARE! BN always says countries like Singapore, British, Japan, blablalala their oil price are a few times than us in actual RINGGIT, but in actual RINGGIT, those buggers earn a lot more folds than us! As oil exporter country, the citizen should benefits from the petrol income. Why we should pay more unless the wealth is badly mis-managed like what BN is doing! The oil dug out from our own ground that belongs to all of Malaysians, NOT BN, NOT PM, NOT PETRONAS.

    Change GOV ASAP~~!!!!! for the sake of our living…how you going to survive. I am sure there will be catastrophic impact on other goods pricing if easily such a price hike for rice and petrol. CHANGE YOUR LIFE STYLE as told our dear PM? Isnt that better for all of Malaysia to change just the PM?

  14. Calling for ….

    ADBULLAH BADAWI immediate resignation!!!

    What is the use of saving RM4 billion, while at the same time the nation is going to lost tens of billion Ringgit?

    This will be the situation:

    Savings from reduction of subsidy = RM4 BILLION

    CONSEQUENCES/LOSS :

    1.
    MANY COMPANY could not survive the spirally rising cost due to chain reaction from rise in fuel cost -transportation, demand for higher pay, raw material

    Result: Many company close down -government collect less tax, many people lost jobs

    2.
    Many people would live in poverty. There meagre income just enough to buy food, no more money left for supporting their children education. Free education in Malaysia? – Well do the government pay for transportation cost to school? no! And higher education is definitely not free.
    -This would result big loss to the nation too

    3.
    Dampening domestic consumption.
    -people could not afford to buy houses and cars
    Result – PROTON may become just history
    -Business community will lost income too

    4.
    Increase in crime rate -when the poverty strikes, crime rate would increase

    So, is is justified to save RM4 billion while losing RM400billion ?

  15. “While I feel the pain of the price rise, this is quite inevitable due to the global petrol price, so we should not snipe on Pak Lah or BN. That would be irrational.”

    william, our country is a net exporter of oil. The billions of profit that Petronas made can be channelled back into savings of rakyat. Also consider enormous amount of wastage the govt spent recklessly such as Port Klang Free Zone scandal, purchase of submarines, proposed new Istana Negara, etc. If can splash money just like that, cushioning the rakyat against rising oil prices should be justified.

    The govt can’t manage the current inflation rate which is taking toil especially on lower income groups, public transportation is hopeless and IPPs are still being freaking subsidized! And you want to defend Bodowi?! I just assume you’re too naive for your own good.

  17. Fuel prices are rising all over the world. Even here in the UK (which is an oil producing nation). I’d like to know the full extent of government subsidisation before passing judgement on them.

  19. Well have u all heard of the word ripple effect or chain reaction. The transporter is having nightmare.
    The ceiling price of chicken is abolish so nasi ayam is going to hit the ceiling, not to mention ayam goreng, ayam percik and wat about KFC prices. I heard the ceiling price of cement is also abolish so nobody will be able to buy houses anymore or renovate for that matter. Man all hell is going to break loose. After the hefty increases in the price of rice and other edibles wat is bodowi thinking of? He is getting his revenge.

  20. william85 Says:

    Today at 19: 47.13 (29 minutes ago)
    While I feel the pain of the price rise, this is quite inevitable due to the global petrol price, so we should not snipe on Pak Lah or BN. That would be irrational.

    ————————-

    Regardless of the global petrol price, we are an oil producing nation. So one can never compare us with oil-importing countries like most nations. All it takes would be to have a Govt that uses Petronas money to spare its rakyat the pain. Instead, the rakyat has to feel the pinch, and Petronas $$ can be put to unknown use elsewhere.

    The way that many Malaysians blindly accept what excuses are given to them are unbelievable.

    Time to really educate the rest of our fellow Malaysians not to believe in the stupid BN crap and excuses.

    Well, thanks to the voters who gave BN the power to decide on petrol prices again. We now all have to pay the price for decisions made by fools at the election box.

  22. BN supports pls continue to support the Miserable BN lah….. Opss not BN it is Umno. See how they can make your life miserable.

    BN have failed the country Miserable for 50 years. Pls read annilnetta blog. Petronas profits 600 billions ….. where the hell the money gone ? why the country still so miserable ?

  23. Why are you guys complaining?

    Our beloved Pee-m need some poket money kenot ar?

    Some more we need $ to send another monkey 2 the moon so need your cooperation a bit lar.

    Revenge is sweet especially when it hits where it hurts most- our pocket and soon our stomach!

    Did i hear our Pee-m just snigger?

  24. The facts are fast emerging that speculators (in oil futures) are behind the price increase. The argument that the fast growing economies of India and China are responsible for it is fast losing ground.

    Though the idea of a subsidy interfering with free market forces would not be good in the long run, the equitable effect in the short term cannot be denied.

  25. Not only will there be an increase in food prices, there will be a corresponding increase in crime, both by the small fish (mat rempits, snatch thieves, bank robbers) and the big fish (bn politicians)……..oh yes! not forgetting our men-in-blue, men-in-grey, and whatever men in uniform.

    Inflation, social disorder will be the order of the day.

  26. It is good to note that as the PM announced the petrol price increase, the heavens showed her anger, with thunder and lightning and rainstorm, which again showed the government shortcomings in the mainroads. Traffic was virtually at a standstill all across KL town, and the suburbs. It took me an hour and half to get from Saujana to Subang Jaya ). The roads were flooded and the traffic lights on many roads were down. So now we pay more for petrol and waste more petrol on the roads.Thanks to the government of the last 50 years. Back to the petrol price increase. Don’t hold your breathe. Looks like this is the first of three price hike. This one in June. Another in July and a third one in August, when it will be market value, as announced by the Minister of domestic trade, earlier. So, we should all gear up for inflation. Enjoy your chow koay teow, which will soon cost RM 15 in the corner shop “tai chow”.

  27. Uncle Kit,

    The govt has gone overboard. Can you please tell the people WHAT ARE THE OPTIONS TO EXPEDITE THE CHANGE IN GOVT, it sounds like the country needs some drastic changes.

    Im afraid to say, its quite obvious we are spiralling down to the dumps very quickly.

  28. Pingback: Malaysian Fuel Increase 78 Cents « Egg’s Finance Page

  29. i cannot accept this Government anymore….what more is they raised too much for most people..including myself…it’s not acceptable…even in Indonesia, they raised for 30%…is malaysian government trying to show/challenge other coutries who can raised the fuel price higher?

    additional RM 0.78 for petrol and RM 1.00 for diesel…

    Change the current government!!!

  30. man, the ban haven’t really taken effect and now oil price increase like this. those sgpura pr voiced disapproval for the ban now must be laughing at malaysians for criticizing them – padan muka they would think.

    why is this shahrir and AAB always making flip flop decision. when shahrir first suggested the ban, i applauded the move. but as negara pengeluar petrol, these ministers have the cheek to say to remove subsidy by august ??? that means the gov is rubbish and idiot. i demand to publish full transparent on government spending and petronas earnings, no doubt the oil price hike but petronas too must earn handsome profit on this! the standard of living is getting worse and worse, those sgpura earn 3k and pump 2.2. we earn 3k and pump 2.7, and to add insult as oil producer!

  31. And there are people who still beleive to give the BN (UMNO?) a chance to reform.
    Reform?
    Our country has already gone from bad to worst.
    Didn’t anyone notice that with each change of PM, the people got a worse deal?

  32. See what happen when BN won the GE2008…promised to raised fuel price….all janji janji manis…!

    I think those who supported BN during GE2008 will regret with their decisions or action…when they support BN(Barang Naik) that’s mean they agreed with what they do..so don’t complaint…

    Tomorrow, bas sekolah also naik including public transport from KL to Melaka or Johor…. everything go up averaging +50%

    A RM 20 trip will be charged at RM30…

    Let’s held new GE 2008. See who win this time…

  33. Still remember before the GE12 that Najis said there won’t be a petrol price increase after the election?

    Furthermore, where is the efficient public transport system promised by the stupidest PRIME MINISTER a few years ago!!!

    Vote BN out for good and send these corrupt and lying BN leaders to jail!!

  34. This Bodowi is again found lying thro his teeth.Petrol price to go up 78cents in less than 8 hours from announcement ….a clear 40.6% hike, it is unbelievable.I think most people is expecting,a staggered one but hell not this.And I don’t the government has actually studied its impact on people across the board.Poor people would be aversely affected and what do Bodowi care!

  35. Uncle Kit,

    People’s power worked to some extent on Mar 8, 2008. Other than relying UMNO to overthrow the present leadership or defecting MPs to PR, what are the people’s legitimate options to enable a change in govt asap (dont think ppl can wait for another GE)? Royalty led?

    I think there are many frustrated people out there (probably including those who have voted BN), options seems limited other than to migrate (only for those who can)?

    I think it would help if the people know what they can do to inject PEOPLES POWER again.

  37. What an unpopular move!!

    Before this price hike, the rakyat have being worrying but Paklah have made their worries come true.

    The worst is yet to come, the cost of living will surely soar. The rakyat will decide their next government.

    Hidup rakyat!

  38. kit, please raise ,motion to have AAB step down, vote for no confidence…. the rakyat must fed up with his flip flop decision. first b4 ge he assured there’s no raise. then after given mandate, he (thru shahrir) call for the ban to foreigners (which i sokong). then he said august will increase, brace yourself. now less than 24 hrs naik 70sen.

    AAB should pecat diri sendiri, he’ll do the nation big big favor if he step down!

  39. Im not sure what was TDM’s masterplan when he resigned.

    Im not sure what PKR de facto leader’s masterplan was when he revealed the plan of the defecting 30odd MPs.

    Im not sure Tengku Razaleigh is up to in his campaign.

    Im not sure if any of the planned outcomes above are any better.

    But

    all i know is, THE TIME TO STRIKE IS NOW.

    all i know is, MBB’s foolish acquisition, poorly managed petrol ban, petrol price hike, childish behaviours of some BN MPs in parlimen and all the attempts to unfairly limit the efforts of opp. led state govts IS UNBEARABLE.

  40. REBATE for what? RM625 is nothing compare to the fuel price at the moment…how much u can buy using RM625 for a year…worst still make things complicated…

    RM 625/12 = RM 52.0833 per month? (additonal?)

    Example:-
    Proton Waja -Full Tank 45L
    45L x RM 1.92 = RM 86.40 (Before)
    45L x RM 2.70 = RM 121.50 (After) effective on 5 June 2008
    price differences = RM 35.10

    We are given additional RM 52.0833 per month…
    How many times we can fill up our tank full based on RM 1.92?

    RM 52.0833/RM 35.10 = ONLY 1.483 time full tank…

    First 1.483 full tank, we are still paying at RM 1.92

    There after we are paying for RM 2.70!!!!!!!

    In a month, our petrol usage averaging from RM 200-RM 300
    depending on car models, etc…

    Let assume we are spending RM 200 @ RM 1.92 currrent oil price
    RM 200/1.92 = 104.17 Liter

    if Given our full tank is 45L therefore,

    104.17/45 = 2.314 time full tank…

    First 1.483 tank…we are paying for RM 1.92
    Remaining 0.831 tank we are paying for RM 2.70

    0.831 x 45 L x RM 2.70 = 100.9665 (After)
    0.831 x 45 L x RM 1.92 = 71.7984 (Before)
    Differences = ADDITIONAL RM 29.1681

    RM 200 + 52.0833 (per month) = 252.083
    2.314 tank x 45L x RM 2.70 = 281.151
    Difference = ADDITIONAL RM 29.068

    hope my calculation is right..heh

  42. to better understand the help of rebate

    RM1.92=>RM2.70 (41% increment)

    car rebate: RM150/yr = RM2.88/wk = 41% of RM29.32/wk
    meaning: current spending at RM1.92/L, weekly first RM29.32 spent is covered by rebate, subsequence spending is not.

    bike rebate: RM650/yr = RM12.02/wk = 41% of RM7.04/wk
    meaning: current spending at RM1.92/L, weekly first RM7.04 spent is covered by rebate, subsequence spending is not.

    note: RM150 motorbike rebate instead of RM120 above, according to
    http://www.pmo.gov.my/website/webdbase.nsf/w_4?openForm&title=Latest%20Releases%20from%20Prime%20Minister&url=http://www.pmo.gov.my/WebNotesApp/Abdullah.nsf/hv_PMKiniSemasaNew/214AA70091D7F2534825745E003CA153

    hope this useful.

  43. It has been reported that among the measure taken to reduce the petrol subsidy is the direct cash payments to motorcyclists and small car owners.
    This is the stupidest decision I have ever known in my entire life. It shows the low calibre of the people in our Badawi’s Cabinet.

    1.A large number of those two cannot afford motorcycles and small cars take buses to go to work. When petrol price increases, it is a foregone conclusion that the bus owners will increase the fares. Instead of helping the poor, this category of people will be hit by a double whammy – increased bus fares and increase in prices of food, goods and services and everything else!

    2.A new small car costs much more than a second hand car. For example, a small new 850cc Kancil cost $27,000 can carry about 4 persons albeit with some difficulty but a second hand 2500cc Volvo 850 costs about $15,000 could carry goods and 5-6 people easily without problem. In fact, we do find a lot of poor kampong folks driving big, old but cheap continental cars/vans/jeeps because it is more suitable for carrying farm produce as well for transporting their large families. Again they will be hit by a double whammy – increase in price of petrol and everything else!

    3.In a poor family of 10 people, only one can afford a small car which is used to make 2 trips to transport everybody. Only one will receive a small petrol payment (for one trip) and the other 9 members will have to bear the increased prices of petrol (for 2nd trip), food and everything else.

    4.The huge increase in price of petrol will cause a chain reaction on the increase in prices of other goods and services. Whatever small amounts received by the motorcyclist and small car owners will be largely negated by the more than disproportionate increase in prices of goods and services.

    5.Which stupid idiot equates rich or poor with the cc of the vehicles? An average office clerk may own a second hand proton Iswara costing $7,000 (rebate = $850) while the Robert Kuok’s children can own a fleet of 10 new cars of BMW, Audi and Volvo all less than 2000cc and get a total rebate of $850 x 10 = $8,500!

    6.In Malaysia, the heavier burden is caused by cost of travelling to work. The cost of travelling will have to include:

    1. toll charges,
    2. amortisation of the vehicle’s cost over the economic useful life of the vehicle, or, for those who have obtained loan financing, the monthly loan repayments,
    3. the annual vehicle maintenance cost (tyres, brake pads, engine oil, spark plugs, etc)
    4. road tax,
    5. Parking; and
    6. petrol

    If you analyse above carefully a huge chunk of the expenses goes to car amortisation cost and toll charges. Everyone who has travelled overseas knows for a fact that Malaysia has one of the highest numbers of tolls in the country and very high excise duties on cars.

    Take a real life example of a typical average worker in Malaysia earning a take home pay after deducting EPF of RM 2,000 a month. He drives a small Kancil (cost RM27,000) and travels to and from work each day from his home in Cheras averaging about 40 km. His typical monthly travelling cost is:

    Amortisation of car for 10 years ($27,000/10/12)………….$225
    Petrol (based on current price)………………………………………… ……….$200
    Maintenance of car…………………………………………… ….……..$100
    Road Tax ($50/ 12)…………………………………………… ……………….$4
    Parking ……………………………………………… ………….………………$90
    Total Travelling Cost per Month……………………………………$619
    Percentage of Travelling Cost to Take-Home Pay……………………….31%

    It simply does not make sense that the use of vehicle for travelling to work to earn revenue for the country would be a whopping 31% of his take home pay for a country that is a net exporter of oil. That does not even include his payment for the increased price of petrol and monthly expenditure for food, housing loan, medical expenses, children schooling expenses, etc, which are certain to increase if the prices of petrol increase.

    It makes stupid sense to make a small amount of cash repayments to a small portion of the citizens but the cost of tolls, food, goods and services keep on escalating. I don’t know whether they are aware that not all registered owners are the actual users of the vehicle and how the repayments could go to the actual persons intended.

    This way of abrupt petrol price increase would be disastrous to the nation and once the negative chain reactions (stock market crash, run away inflation, economic slowdown, corporate under-budgets, etc) happen, the nation might not recover from it for a long time.

    It is haphazard decision hastily decided by a low calibre Badawi cabinet. On TV3 Badaw prided that the cabinet took 4 long hours to deliberate on the issue! Only 4 hours of deliberation for such an important issue? An important decision of this nature which has a rippling effect on the whole nation show be studied by a competent team of economist, academicians and thinkers for months – not by shallow thinking cabinet ministers in 4 hours!

    The present UMNO regime has hoodwinked the citizens long enough by just comparing the petrol price with selective non-oil producing countries without taking into consideration the related travelling cost and the cost of living!

    Logic will tell you that a fisherman cannot have a same cost of fish as his neighbour who is a farmer!

    Meanwhile, oblivious to others, UMNO will be splurging the oil revenue by spending on themselves, their cronies and on other less prioritised projects! UMNO realised that it may be their last term in power and used the opportunity to enrich themselves as much as possible before they are kicked out by the rakyat!

    Only the kampong folks may be duped by UMNO! The citizens have had enough of the half-truth of UMNO!

    The citizens demand transparency on the accounts of Petronas and how were these revenue been used! Petronas is not “bapa punya” of UMNO – it belongs to every citizens of Malaysia!

  45. The idiot Sharir in TV3 saying that the increases of petrol price is only discriminary to the rich who own big cc car. Did the government consider those average rakyat who have to spent RM 400-RM500/month on petrol to go to work and have to spent extra RM 160 after the hike in petrol price? What is the RM625 rebate which is equivalent to RM50/month. The Minister should go to work by using Proton Waja by tommorow instead of your black Mercedes S500.

  46. sorry messed out my calculation. correction below,

    car rebate: RM625/yr = RM12.02/wk = 41% of RM29.32/wk
    meaning: current spending at RM1.92/L, weekly first RM29.32 spent is covered by rebate, subsequence spending is not.

    bike rebate: RM150/yr = RM2.88/wk = 41% of RM7.04/wk
    meaning: current spending at RM1.92/L, weekly first RM7.04 spent is covered by rebate, subsequence spending is not.

  47. This gomen is more than willing and goes out of the way to subsidies rich cronies and UMNOPutras by handing out one sided contracts and APs but wants rakyat to reduce wastage and learn to live without subsidies.Think LDP, think CYC football tournament, think MRR2 and lets not forget the toll fees we have to pay.Why can’t they do open tenders? why can’t they get rid of AP as it is we are paying RM20-30k for our cars compared to Thailand which means we are paying for the subsidy upfront.

    Yeah have a snap election, love to see what happens to UMNO…we have almost buried MCA and MIC. Gerakan is gone.UMNO is next!!!!

    so this gomen has got it all wrong. They need another lesson at polling booth.Pak Lah saya cabar kamu…Pak Lah kan pantang dicabar.

  48. “AAB should pecat diri sendiri, he’ll do the nation big big favor if he step down!” – melurian

    He’ll definitely not do you the favour of stepping down!
    Neither will it be possible for elephants to drag him from his post.
    Why?
    He has the whole nation in his palms and to do as he pleases!
    It’s like a village idiot playing with his toys.
    Although his toys are your lives!

  49. This is the best move ever by the government. Didn’t many people clamour for reform? Well, this is reform. Didn’t many people say subsidies are bad, that we should take away crutches? Well, this is to be welcomed then.

    My only grouse is that they should marked it up to market at one go, instead of bit by bit and prolonging the pain. Why RM2.70? Why not RM4 or RM4.50 per litre? This way, there will be no need to worry about foreign cars coming in to enjoy the subsidies. Heck, while we are at it, why not increase it to RM5 or RM6 per litre? This way, Malaysian motorists can go down the causeway and enjoy the cheaper petrol for a change.

    Be careful, you might just get what you wish for.

    Reform and market prices. No subsidies. Yes, we are getting there….

  51. Poor planning; lack of forward vision; indecisiveness – all these are BN’s traits and will continue to be that way. I would advise Pakatan government to now work on a plan to look into alternative means of transportation – times for adjustment – time for a bigger change. AAB – call for a snap election – get a new mandate and get it now

  52. Referrng to comment posted by:-

    william85 Says:

    Today at 19: 47.13 (1 hour ago)
    While I feel the pain of the price rise, this is quite inevitable due to the global petrol price, so we should not snipe on Pak Lah or BN. That would be irrational.

    “Hoi! Idoit! Are u Bodowi’s konco-konco….Don’t talk RUBBISH over at YB LKS Blog Site! How much Bodowi pays you to comment RUBBISH over here!

  55. We only know how to blame the present government. This is actually the direct results of the 22 years mismanagement of the Mahathir government. This is only the beginning….to suffer. Although Malaysia has so much of the natural resources, we have really wasted a lot of our natural resources on unproductive and wasteful projects. Instead of improving our public transports, we spend it on producing cars at higher costs. Worst still, it is the people who have to pay for it. Is that the way to help the less fortunate ones? Now all the negative impacts of the Mahathir mismanagement of the country is manifesting. I tell you, the worst has yet to come. Those people who are still supporting him are foolish people. He has destroyed the country. Now he is in the midst of destroying UMNO as well. Actually, he doesn’t care for the for the country and the rakyat. Only time will tell. I symphatised with the present government which has to clean up this shit left behind by this selfish old man.

  56. How can 1 expect PM to understand the impact of the price hike! He failed stats and could not read Econimics. All he could manage was religious studies. The chain reaction will also impact the GLCs and directly impact the gov’s income and scare the scrap out of the foreign investors. And thank you MR PM for the stupid jam caused by the poor rakyat wanting to save a few bucks, unlike you we have to work for a living not snore for it!

    HERE! HERE!
    VOTE OF NO CONFIDANCE FOR BADAWI!!!
    VOTE OF NO CONFIDANCE FOR BN!!!
    VOTE OF NO CONFIDANCE FOR UMNO!!!

  57. Abdullah is fighting for his political life yet he is capable of such unpopular move, and the consequences will be disastrous to the economy, which is already quite bad. Is Abdullah just plain stupid or is he up to something else? But one thing is for sure, the price increase will hit states like Selangor, Penang and Perak most because these are the more developed states under PR.

  58. YB

    Comon’, just bring the BN down + let us have a 2 years cushion as our petrol runs out.

    Just incredible, mismanaged all rakyats’ money + come pinch from us. Like a drunkard coming home to bash up the family.

    Just bring them down.

  59. Better send these people to a course of economics. Price of petrol is just one of many variables in the equation of our nation’s economy. With such a shocking raise of 41% petrol price all of a sudden, we will have to expect serious repercussion on the other variables in an equally shocking manner in the very near future.
    Don’t they make a proper study over the matter before making such hasty decision?

  61. i agreed with 9 to 5…well written :)

    if we buy second hand car or even third hand car for example an old old Mercedes Benz S320 for a price equivalent to a Waja car, how can the government consider us as RICH? It’s an old car afterall….only the CC is bigger….how to use “CC” thing just to proof we are richer??? Using the ‘CC’ thing to judge how rich a person is? This is real funny….So can we judge all the Datuk Datuk, Tan Sri, YB, YB as rich person and they should PAY MORE!..we as an ordinary rakyat should PAY Less even if we are rich!!!! The most stupidiest act from our current government!

  63. 9to5, i think you have articulated the rippling effects of their poorly thought decision very well.

    Im concerned that people may take this to the streets, the repercussions of this decision are simply unthinkable in the light of stagnated income, slow growth, unprepared public transport etc etc, all of which requires several years to implement/improve.

  64. What we need now is another general election and not street demonstration. Could this event trigger the crossovers that we have been talking about for months? We shall see, but it is now or never. Abdullah just ups the ante, Uncle Kit.

  65. you don n+eed to take economic course to understand the impact. take a look around you, naik minyak, semua pun naik sama!

    common sense lar, we export minyak, we jual market rate to malaysians, make sense or not ! unless the stupid gov want to quickly cover up excess they spend during GE (the 22 bil), then the raise is the best and quick solution!

    shame on AAB. Kit, please raise motion ( at least just raise the motion to be recorded in newspaper and hansard) to kick the old man out, he does not fit to be malaysia leader times like this. just like US needs lincoln during civil war and churchill during WWII, putting AAB is disaster to malaysia! even hitler also manage to raise german as strong country 1930s before he overstep the border!

  66. “The Minister should go to work by using Proton Waja by tommorow instead of your black Mercedes S500.” – Malaysian

    Don’t forget that Proton cars are only good enough for Joe Public. Expensive ones are for ministers and their ilk!
    Just like the government hospitals; while government, especially those in the top hierarchy go overseas for medical treatment. They dare not entrust their precious lives to the locals!
    Now, you realise the lot of the common people?
    For fifty years, the minds of the common people have been completely befuddled by our “caring” government!!

  67. uncle kit, what is your advice to us? We can’t bear all these rising cost…current government gives us big trouble and problem…don’t see them doing any good so far…always LIE…

    Parlimen tidak dibubarkan…but then again dibubarkan the day after…

    Kerajaan jamin tidak ada kenaikan minyak…all bulshit…today confirmed naik….Naik too much for whole MALAYSIAN!

  68. I don’t think it is very fair to demand a change in govt just because the oil prices are being hiked up. Seriously, what would DAP do in BN’s position?

    Those that claim that we shoud cope with this better because we are an oil producing nation have some merit in their argument. But the problem is that we need to know more about the financial situation before making an all out judgment. There are other competing interests on our limited funds. True we have Petronas money, but again I stress that we need more information first.

    It might also be noted that being an oil producing nation does not automatically mean that we ought to use other oil producing nations as the benchmark of our actions.

    I am not saying that more could not be done, nor am I defending BN. I just think that we should be rational and ask for more information – ask for more alternatives; a more transparent system. If we call for a switch of govts every time prices go up, it will only promote a govt which is LESS transparent since hiding our deficits would be better than being ousted for being honest.

    One more thing, perhaps it is about time we Malaysians consider how we can save energy usage. Here in the UK, the movement is gaining momentum. There are many faults with their system, but it’s good to see that the people here are actually trying. Sadly, I haven’t seen the same attitude in Malaysia.

  69. Saudara Kit,
    Please ask a written question (in Parliament) all details of long term oil & gas sales to foreign countries. Needed details, are price, quantity, when started and for how many year contracts & and what was the money mainly used for? The public has the interest in it more now then ever.

  70. Please note that my comments are specifically directed at those that shout for change in this blog everytime prices go up. It is not in anyway a call for support of BN’s policies. Don’t misinterpret my intentions.

  71. ATTENTION : PM AAB.

    We can still remembered that you had promised to utilise the amount of RM4.0 Billion (RM4,000,000,000.00) saved from the last increased of RM0.30/Litre for Petrol & RM0.60/litre to IMPROVE for Public Transportations!

    What happened to your plan? Cakap tak serupa bikin! What have you done with Rakyat’s monies!

    WHAT A PACK OF LIES!!! We are VERY VERY dissapointed with you & your UMNO/BN government!!!

    YOU GUYS’ TIME IS UP!!! PERIOD!!!

  74. 9to 5 said “The cost of travelling will have to include:

    1. toll charges,
    2. amortisation of the vehicle’s cost over the economic useful life of the vehicle, or, for those who have obtained loan financing, the monthly loan repayments,
    3. the annual vehicle maintenance cost (tyres, brake pads, engine oil, spark plugs, etc)
    4. road tax,
    5. Parking; and
    6. petrol ”

    You missed out on traffic fines. almost everyone gets it and the fine is also going up. So will the “kopi lui” to cops who stop your car for whatever reason.

  75. Ah yes. Its finally here.

    Its school holidays and its good to be around.

    BUT

    The Chinese kopitiam and all the stalls around have already raised their prices some time ago. Go and see all their new prices displayed.

    A plate of koew tiaw and other noodles is now RM 4 minimum. Mixed rice is also starting at RM 4 already. In fact everything is already starting at RM 4. Next, the shop owner tells me, the price of drinks, even Chinese tea, will rise very soon. And the mamak shop owner says his roti canai will be RM 1.40 soon and slightly smaller too. Everythings gone up he says, how to make ends meet? He’s already charging an extra 0.30 for every item ordered if you sit in his aircon room. And electricity tariff is due to go up soon. Aiyayyai!!!

    With this new rate of RM 2.70, one wonders when will the price of petrol match our exchange rate of US$1 = RM 3.22? Then we will have US$1 = 1 litre of petrol.

    Yet Noh Mohd promised some time ago that there will NOT be any price increase this year, no matter what.

    Its ironic. The price of oil goes to record highs but our oil wells and fields are all running dry. So you go figure our future.

  76. Being an oil exporter Malaysia would be laughing all the way to the bank. So how come it is losing 56 billion a year.
    If the government from the local council onwards start being thrifty we can save quite a lot of money. But then even the PM owns a private jet at our expense. Who pays for the jet fuel?

  78. Concerned Malaysians,

    If you are really concerned about Malaysia, you would know that it is just as bad to have citizens that demand a change in govt everytime something go wrong. I merely wish for us to be more rational and reasonable – thus differentiating us from the irrational and unreasonable BN members. Is that too much to ask?

    Look at you, my comments immediately spark such a response from you. How would we expect our leaders (whoever they might be in the future, perhaps even DAP) to keep cool headed and honest if they know that the people would snap them up for any problem?

  79. As I write, long queues at all kiosk stations. Why make life so difficult for the rakyat?

    They said the hike will likely to happen in August – but they lie…lie…lie….!!!

    The rakyat must tighten their BELTS now!

  80. “So how come it is losing 56 billion a year.”

    the word “losing” here is misleading …. there’s no payout even for these billions, what losing they’re talking about. it is just amount that is not earned……

  81. And please note again that I never once said that the govt isn’t doing anything wrong or that their policies cannot be improved. I was not defending BN! I was talking about our response!

  82. It’s quite obvious to me that this PM is taking a political gamble.

    What he’s doing is cut the fuel subsidy immediately to save some RM4 biliion monthly so that he can have the money to please those Sabah MPs who have been clamouring for more development funds from the Federal Govt.

    This person said the fuel price will increase by August but, less than 24 hours later, he implemented it immediately. That’s a saving of RM4 bil for June, July and Aug., making a total of some RM12 bil. Now, he can dangle the carrot in front of those “donkeys” and promise them development funds. This way, the kataks won’t jump ship to the PR in Aug/Sep.

    Obviously, he is not afraid to offend the rakyat by taking money from our pockets right away because we can do nothing to him or remove him as PM. With our money, he can now please those Sabah kataks and, hopefully, prevent them from jumping and, thereby, saving his own political career, at our expense.

    These are just my thoughts. Boy, do we need a new PM, and a new govt.!

  83. In indonesia the price per litre is rup5500 to 6000 which translate to approx RM2.00. See how geared up is the Indonesian in producing their own food. They plan food crops everywhere, and they sure can survive without food from outside…Can Malaysia do this?

  84. Is it surprising that this should come to pass?
    Ours is a resource rich nation with timber, tin ore, rubber, crude oil etc.
    Over the years, one PM after another has been increasingly squandering such natural wealth like there’s no tomorrow.
    Is it surprising that we are now becoming a basket case?

  85. Are we all going to be charged with ISA if everyone just park their cars on the roads in protest of the petrol hike like what we can see all over EU?=)

    1) Malaysia is net oil exporter. why are we comparing petrol prices with singapore? We should compare with Brunei, which is also our neighbour. its only S$0.53 (RM 1.20) there.
    2) If comparing with regional petrol prices, why don’t the gov explain the high car prices in Malaysia?
    3) Price increase on petrol and electricity will cause a ripple effect on all other consumption. won’t be surprised my roti canai is no longer 1RM tomorrow.

    Our PM can announce petrol to be at whatever rate he wants, anyway it won’t affect him as we would still be paying for his transportation.

    RM 625 rebate is not enough for those of us who have to commute to KL to work every day.

  87. Anwar Ibrahim said at Han Chian High School Penang during the campaigning period for the 12th GE that Petronas was making 80 billion ringgit at the time he was Finance Minister and at that time the world spot price for crude oil was probably less than 20 USD per barrel.It has now bloated to more than 6 times more expensive.Petronas has definitely made far more now and where is the money gone.How come the public does not get to know the books of Petronas?
    Isn’t Petronas a company of the Malaysian people?Or maybe the profits are siphoned to the chosen ones from UMNOPUTRAS?

  88. At least in other countries, eg, Singapore, they still have alternatives, eg MRT, buses… so high fuel price also won’t affect them too much….But we have no alternative??? all we have is our own car as transport to work.

    This means the government want us either stay home don’t work or work for free (salary = transport cost)….bad government…

  89. melurian Says:

    Today at 22: 27.54 (1 minute ago)
    no mood to celebrate agong birthday this sat liaoo…

    this aab so disrespect agong, oil hike price increase when His Highness birthday at the corner…..

    Just maybe, His Majesty should declare a state of emergency and rid us af this aab n umno tyrants b4 they run the economy to the ground for good.

  90. To all who are fond of pointing fingers, pls take some moments to reflect on situations in our country and around the world.

    We should count our blessings! Ours is a very much subsidised economy. Vis-a-vis the global price of crude oil now, we are paying a comparatively low pump price.

    The just announced price increase is in a way inevitable, no matter who is helming the government.

    We should learn to cut down on unnecessary spendings and tighten our belts to offset price increases in fuel, electricity, food, etc. etc. In that way we can stretch our ringgit a little further.

    Good luck folks!

  91. The government should only increase the petrol price when there is an efficient public transportation system in the country.

    Having increased the price of petrol by such a hefty amount (40%), the government should WASTE NO TIME in opening more routes for buses and trains and increasing their frequency of service so as to alleviate the hardship of the middle and low income groups of the Malaysian society.

  92. Instead of building two (! one was enough!) tall buildings with Petronas money, we should ve used the money to create a world class public transport system in our cities. The problem as I see it is a result of years of misappropriation and mismanagement of public finances.

    The truth of the matter is that oil prices were always going to rise anyway – if not now, then in 10 years: the further we move from peak oil. We should’ve prepared for the worst, to smooth the transition out. But no, instead we spent the money ‘decorating’ our country and beefing up our image (as well as filling the coffers of certain individuals). This problem should not have been as bad as it was. Today, we have a lack of finances to cope with the oil price increase, incompetent management, AND the lack of public non-financial resources/infra structure to mitigate the problem!

    Look at Singapore: their govt thinks ten steps ahead. They are the financial centre of SEA and they are looking to secure that position. When the liquidity crises occurred, they snapped up alot of shares in many leading financial institutions. They’ve secured their own long term interests – these banks cannot just ‘leave’ Singapore now. On the other hand, what have we done?

  93. One4All4One Says:

    Today at 22: 34.43 (3 minutes ago)
    To all who are fond of pointing fingers, pls take some moments to reflect on situations in our country and around the world.

    We should count our blessings! Ours is a very much subsidised economy. Vis-a-vis the global price of crude oil now, we are paying a comparatively low pump price.

    you are not comparing like for like. always compare what an executive in any other countries are earning as compared to malaysians. In UK, a fresh graduate gets 2,500 pounds/month and petrol is 1pound. In Singapore, you earn S$2,500/month and you pay S$2 for petrol. and in Malaysia, due to our great government, our RM2500 to pay petrol at RM2.70?? It is not going to provide us with purchasing power to match what other salary earners overseas are earning.

    Now thats why there is always going to be a brain drain in Malaysia. No wonder so many PSD and JPA scholarship holders never did return to the country upon their education overseas.

  94. Come on… all buddies, let’s migrate to Singapore together & leave here as No Man Land but full of unsaleable fuel… then all petrol companies leave Malaysia because no business here….hahaha….

  95. I saw badawie filling up his proton at the station just now! ……. NOT!!

    I suppose he is in his office laughing at Malaysians! Hahaha! This would mean mo’ money for UMNO to paaaaarty!

  96. How efficiency our public transport? Dear Government, please provide the sufficient public transport before take any action to increase the price!!!!!!

    Please increase the income of people before you make any brainless situation!!!!!!!!!!!

    Who will be suffering? The Rakyat!!!!!

  97. hey slashed, your argument is reasonable and the rate if we keep the current subsidy until 2012 we’re gonna implode.

    But still the govt’s move is unfair and as posters has pointed out:

    – ridiculous toll charges with concessionaires getting billions out of rakyat and laughing all the way to bank. Highways aren’t finite commodities like oil and maintainences don’t justify the current rate we have to pay.

    – public transport is in shambles. The govt isn’t subsidising RapidKL fuel and have not even come up with an explanation. As pointed out again, promises to improve public transport were mere promises. KTM trains are crammed like sardines in peak hours and punctuality is a luxury!

    – car prices and tariffs due to protectionist policies to our local car makers.

    the BN govt is still insisting on protectionist, katak-di-bawah tempurung policies like Bumi rights and **** but want us to pay world market prices for fuel!!!! Ain’t that screams a big load of Bullshit?!

  98. “In UK, a fresh graduate gets 2,500 pounds/month and petrol is 1pound. In Singapore, you earn S$2,500/month and you pay S$2 for petrol. and in Malaysia, due to our great government, our RM2500 to pay petrol at RM2.70??”

    some ppl so ignorant that they say don blame gov, gov owe you nothing….. jsut ask you boss pay you more salary… heck they think is easy to find job outside like dat. you ask boss to increase your pay, you pay give you termination letter and hire indon to replace you. if the boss is foreigners, they will close down and move to china or india instead ……

  99. I wish all of us can gather and show BN our anger!!!!!!

    YB LIM, can PR or DAP organize a campaign of anti petrol hike?!

    I suggest we all fix a few hours a day since tomorrow,until one day gov reduce the oil price ,whoever drive on the road press their HONK while driving! Show them our anger!!! f***

  102. Here in the UK the public transport is good so the people can still cope relative to their income. But if you read the news, you’d know that the truckers have been protesting about the price hike. Apparently, it costs them £1000 a week to run a single truck. I am not sure how we’d find a good way to compare without engaging in some complicated economics and mathematics. Simply assuming about our purchasing power is not good enough. Any economists here care to help the rest of us lay people?

  103. this saturday i will be staying at home…most people will do that i believe….expensive to travel about +40% more expensive than before…i believe we need to have peaceful protest to pressure the government to reduce the fuel of price…i believe now even BN supporter and all opposition supporters will agreed to this…i know those vote for BN regretted…they will remember for life…but we can’t wait for the next general election to VOTE OUT BN..it’s too late..that’s mean we going to live with this price for another 4 years or more?

  105. another protest and walk to istana and petition the agong to dissolve parliament for a re-election? i’m sure if there BN would lose even more seats if there is one..

    another point, has anyone calculated their electricity bills with the new scale? mine is going up more than 30% effectively.. ouch..

  106. “Any economists here care to help the rest of us lay people?”

    economist tell you subsidy no good – best is lift it, period …. they are mostly bookworms and the theory usually from textbook that does not apply to malaysia…….

  107. Msia (net oil exporter) Vs Indonesia (net oil importer), Diesel price RM2.58/litre, Vs Rp5,500 (RM1.93) / litre ?? Petrol / diesel is also cheaper in Brunei.
    U can be sure transport fare (bus, taxi, etc) will naik soon.

  108. slashed, i dont understand you. I hear you that you are not defending the govt policies. You also state that “result of years of misappropriation and mismanagement of public finances”. I will just refer you to the recent events eg. MBB overpriced acquisitions, handling of the 3 yr seat belt implementation vs. saman now, and loads more questionable/silly issues if you have a look at the parliment debates and now today 41% rise in petrol.

    If after years “result of years of misappropriation and mismanagement of public finances” + all similar silly decisions for so many years is not enough to call for CHANGE OF GOVT, then what is enough?

    Just compare what u see in Msia vs. how difficult issues such as these are deliberated in the UK. 9 to 5 rightly pointed out its funny that the cabinet took pride in discussing this matter for only 4 hrs. Look at how politicians on BBC hard talk are grilled. Look at how the UK MPs got grilled for simply getting over 100k allowances etc. In Msia, you question, you get a ludicrous response (as some put it, the govt sometimes treats us like we were born yesterday)

    It is good to see that most of the PR front are behaving like proper MPs debating the issues at hand, but look at some of the behaviour on the other side, really appalling.

  111. In Singapore 1 litre of petrol is S$ 2.33 and diesel S$ 1.76. In Malaysia, its RM 2.70 and RM 2.58 now.

    A person earning RM 3,000 pm in Malaysia is paying MORE than his Singapore counterpart earning S$ 3,000 pm.

    How do you explain this Pak Lah and Nor Mohamed?

  112. if petrol price goes up to RM 4 by August, guess how much **** will skyrocket?

    Char Koay Teow – RM 6, possibly more
    Roti Canai – RM 2
    Chap Fun, 1 meat and vege – RM 5 (just one meat and vege u know?)
    Milo Ais – RM 2.50
    Teh Tarik – RM 1.70
    Banana Leaf Vegan rice – RM 5
    Nasi kandar meat and vege – RM 10 (go tapau McD same price maybe? LOL)
    A McSavers burger (cheeseburger?) RM 5

    prepare migration plans if PR doesn’t take over by Sept =P

  113. not to say singapure makan $S3, malaysia makan rm 4 !!!!! food is close market, like bigmac, and yet sgpura and eat more and save more. malaysians standard of living is getting poorer and poorer!

    to ppl like “alternatif”, i know you are rich earning 10k and has alternative to stay at aus, we’re not like you, we live and die in malaysia, we got no where to go!

  114. Dear Mr Smith,

    You did claim that PM has a private jet. Hmmnn. Can you prove your allegation?

    Yes. Malaysia is an oil exporter country. We produce approximately 700,000 barrel of oil daily. Our oil is of high premium. So, Petronas sells this oil. And Malaysia imports approximately 600,000 barrel per day.

    Petronas does make money. It contributes back to Federal Govt billions of ringgit yearly. It also explores oil in some countries like Vietnam, Sudan, Turkeministan, Timur Leste, Bahrain. Much of its earning come from this foreign ventures.

    Yes, Thailand and Singapore do not export oil. Yes, Saudi Arabia, VEnezuela, Iran export oil. How muchSaudi Arabia produces daily ? App 8 million barrels. So, do understand that it is unfair to compare the retail price of oil in Malaysia and that of Saudi arabia?

    Do understand that Malaysia will be running out of oil very soon.

  115. HOW GOOD IF TOMORROW EVERYONE DRIVE MOTORBIKE INSTEAD OF CAR, THEN WE CAN SAVE PAYING TOL. AND CAN MAKE HIGHWAY COMPANY BANCRUPT.
    NO CAR IN HIGHWAY, THEN THE MOTOCYLIST CAN BE SAFER USING HIGHWAY

  116. “Malaysia will be running out of oil very soon”

    but that does not give excuse to increase the oil price overnight – NOW!

    malaysians should entitled the discounted rate. I’m not against rate 1.5 – 1.9, or maybe 2.2 but there are sources claim that by august the subsidy will be removed completely! completely man, for ppl like me earning 3k (how bout those 2k that has to feed his old parents), middle class living in city, how to survive?

    this is not progressing nation, this is regressing nation!

  117. It would be naive to think that PR if the they come into power that they will be able to shield Malaysia from the worldwide economic impact. It not as simple as the Soros fiasco. A short term relief may come from dipping into Petronas’ resources, it is not unlimited. DSAI won’t get my vote if he wants to do that if PR get in.

    Let start living within our means and helping fellow Malaysians who needs a little help to tie over.

  120. all the Gov need to do is to buy less submarines and fighter jets, only few days ago DPM was talking about replacing all the Nuri helicopters.

    The reason why we should oppose this price hike is it will hurt the economy as a whole. High inflation is not a business condusive environment, we will have foreign investors pulling out of Malaysia, forex will then fall, when RM falls in relation to other currencies, all imported goods will then increase further. At the end of the day, damage done from this would be more felt of by the people than otherwise. GDP will fall as a result of this. And all our bosses will tell us that economy not good, sorry we cant give you bonuses and increments, making us all worse off.

    But what do our PM care?

    KLCI is going to fall further tomorrow. PM, you are pushing us backwards rather than forward.

  121. The whole world knows that even as the Govt complains about the oil price increase and the corresponding increase in subsidies, it is conveniently silent on the equally huge increase in revenue and profits to Petronas who is benefitting from the global surge in oil prices. The GOvt seems to be in a obscene haste to increase the fuel prices but strangely kept silent on any increases on the price of gas supplied by Petronas to the Independent Power Producers at RM6.40/liter while market price is RM35/litre. The Govt has subsidised these fat IPPs to the tune of RM56b while the people are milked to the max.

    It is also strange that the Govt wants to move so quickly to increase the fuel prices by so much so quickly. Is it trying to divert quickly the rapidly increasing profits of Petronas from the subsidy for the petrol and diesels to some other areas which cronies can benefit and before the Govt is taken over by Pakatan/Anwar?

  122. Hoi! Slashed…Sounds like you are one of the cronies who sucked enough money from Malaysia for you to afford to migrate to UK. Please shut up & zipped up your big FAT mouth and stay there…

    Malaysia does not need people like you.

    We in Malaysia are the one who have to pay RM2.70/Lit in another half an hour time, this price hike has nothing to do with you, so please logout.

  123. After February 2006 after the 30 cent per litre increase from 2005 at 1.62 per litre, the interim PM assured that there will be no price increase in 2006 and 2007.

    Today, in 2008 the increase is at 78cents per litre, a near 3 fold increase from the last major hike.

    AAB is just accumulating the intangible increase with interest on Malaysians on 2006 and 2007 and waiting to unleash them in 2008.

    What a con-man!

  125. WE SHOULD ORGANIZED A BIGGEST PRICE HIKE PROTEST BY THIS WEEK. PAKATAN PLEASE SHOW YOUR ABILITY TO LEAD RAKYAT WHO VOTE YOU. PAKATAN HAVE ENOUGH SUPPORTER NOWADAY ESPECIALIST IN PAKATAN STATE! SELANGOR , PENANG.
    DONT WORRY ! THERE ARE HUNDRED OVER THOUSAND PEOPLE READY NOW. PLEASE DO SOMETHING.

  126. Alternatif,

    I work 8am to 8pm every day, and I am single, dont club or spend on anything unnecessary. My salary is considered slightly above average, but I can barely save. I dont have a car loan or even a mortgage. I seriously wonder how can there still be people who support this price hike. Are you going to help those of us who cant make ends meet?

  127. [MalaysiaKini.com:
    Perdana menteri mengumumkan struktur tarif baru elektrik yang akan diguna pakai oleh semua pengguna domestik, komersial dan industri di Semenanjung.

    Satu struktur tarif baru akan diumumkan tidak lama lagi bagi Sabah dan Sarawak.
    ]

    What msian_msia said which Bodowi is trying to pay Sabah/Sarawak development bills by stealing rakyat’s money is not groundless…After all, don forget the BN/UMNO politician always “uses” us for their own political benefits in our history. This is another typical example.

  128. deathlings,

    None of us like the present situation imposed on us beyond our shores. If anyone of us can provide real solutions we should be push for it. You will have the whole world thanking it. Meanwhile, no point getting pessimistic over it. Meanwhile, tighten the belt and help those below the poverty line if we come across them.

    Still, another half hour to save yourself 0.7 per litre. I did. Cheers.

  129. Pingback: Petrol up by RM0.78 huh? « Malaysia City

  130. I noticed that basically saying the same thing: hikes, living standards, and f**k BN, etc.

    The government is at fault, but not because of rising prices. Rising prices will give signals for us to prepare ourselves…it’s the market’s way of steering us.

    What we need to ask is: why isn’t our standard of living higher to absorb this? Why isn’t our purchasing power better? Why isn’t our currency stronger? Why aren’t there alternatives in public transport?

    …and here is where the government faulted: not creating the right infrastructure, poor transport planning, national car program, and massive corruption. They could hide it during times of prosperity, but when times like this come, the emperor is shown to have no clothes!

    Also the previous subsidies have turned the country into a nanny state where people are too reliant on the government. It’s no wonder there’s a backlash!

    The government needs to reduce spending, reduce its size (we have way too many civil servants), stop paying its cronies, and give us a truly sustainable economy.

  132. Got mine filled up with V Power (that can get me through more km wise per $)yesterday. it was obvious from the papers yesterday that the hike would occur. No point queueing for it today.

    YB, please ask DAP compatriots in Selangor to organise protests and I certainly would join in=)

    time allocate 40% more petrol and approx 30% more for electricity and on the safe side another 10% on all food expenses. thats comes out to an extra 10% of take home pay gone. I am never going to get to paying the downpayment of a house within this decade=)

    Come august, I hope there won’t be another hike. IF this is all, then what has August got to do with petrol hike, unless there is another one.

    By the way, the media tried to paint a positive picture for the Gov, the effective cost to the refineries and dealers to sell is about RM3.20-3.30 per litre base on current crude oil prices. Certainly NOT RM4.

  133. Not sure what is the logic behind this. To try to punish the rakyat or try to imitate the US Fedreal policy of rebating $600 to everyone that is within certain income. In this case even a billionaire can buy a 2000cc just to get this rebate. However, what happen for those who don’t own a car but have to pay for the rising food costs because of this. Poor people that doesn’t own a car cannot receive the RM$625 but pay back in term of rising costs on food and basic needs.

    Another great (full of sarcasm) by our great BN Federal government.

  134. Don’t know where to begin. I am compelled to write this after seeing what is happening on the roads, driving down from Ipoh-KL just then. BN-Gov is taking us as kids handing out rebates like gula-gula. Using rebates to justify the increase & try to cloud those people whom they think can’t count. Look at the massive jams & rush by rakyat to the pumps. The BN-Gov seem to take pleasure in seeing such incidents, which has become scene of Malaysian life since 2004. They are not paying for it, so it does not matter to them.

    Before making such brainless decision or announcement, to take away something, something must be given in return to be seen as fair-value to rakyat (tax payers) at least. BN-Gov regards themselves as almighty over rakyat all the time. Countries that don’t practise subsidies for petrol/diesel at the pumps enjoy other perks*. Not to mention their average per capita income could be much higher than Malaysia (YAB Tony Pua would know what I mean). *perks are such as: NO MEANINGLESS APs that don’t benefit the Rakyat, NO tax (except road tax, but reduce) to reduce price of cars/vehicles, NO TOLLS, NO TAX on spare parts, etc.

    On average per capita income, take Australia. The apci is say around AUD 35,000 today. The price at pump is AUD 1.50-1.60/ltr. Malaysia apci if not wrong at RM 25,000 & we pay at the pump now at RM 2.70/ltr. Price of Toyota Camry in Australia is AUD 40-45,000 (depending on variant)…price of Toyota Camry in Malaysia RM 140-180,000. Price of cars engine <1500cc around AUD 20,000 (Honda, Toyota, Holden). In Malaysia, cheapest Proton around RM 25,000 (1300cc). Price of quality home built on 6000sq.ft land say AUD 350,000 (30-60min from city). Price of link-house 24×75 RM 350,000 (complete with low quality fittings from C***a). Figures are not exact but that’s the gist of it. Our currency may have gained against USD but lost quite a bit to others like Euro, AUD, GBP. Tolls are only confined to CBDs in Australia or certain bridges. To those small minded ones, this is a comparison. Just like when oil prices are compared to non-oil producing nations like Singapore, whose apci i was told nearly SGD 40,000. Shall not mention income tax to complicated matters…let’s go back to the topic.

    In the first place, what subsidy? First, we need to look at the cost of oil production – did it increase that much? Then we look at the world market price for OIL PRODUCING nations to EXPORT their oil or commodity price for crude oil. Also, whatever happened to the so proudly declared 40B subsidy saved in the last pirce hike? Asap pun ta dak.

    The 56B saved only exist on paper by BN-Gov. In reality, PETRONAS will gain that 56B or more while we pump at the stations. The question is what PETRONAS will do with the 56B GAINED from the rakyat. It is quite obvious WHO will gain from the 56B “subsidy” & for what purposes, be it personal or political. The word “subsidy” has been used frequently to fool every rakyat as the marketing propaganda by BN-Gov since 2004. The 56B GAINED by PETRONAS should be enough to pay off all the TOLL-CONs so that all the shareholders (cronies) can retire & leave the country. Pay-off all the interest & debts. Nationalise the highways & truly become “FREEWAYS”. PETRONAS should bear the cost of maintaining the roads to be seen as facilitating for customers. Consider it as customer-service.

    Other questions: at what price PETRONAS pay the gov for the oil? How much are exported & at what price? Are we selling our most precious resource at a lower rate to other countries, in return hurting our own industry (primary & agri)?

    56B gained by PETRONAS will be at the expense of rakyat, industry & long chain of supply. So at the end of the day, why the price hike? If PETRONAS is for the rakyat, we should be paying price of oil like those other OIL PRODUCING nations. Instead, we are being forced to pay & will continue to pay NON-OIL PRODUCING nation prices. No surprises the 56B gained by PETRONAS will be used for meaningless mega-marked-up projects to suck the funds dry before the next GE, or maybe SNAP-GE or UMNO-GE.

    Forget about demanding BN-Gov to improve public transport. They don’t even use it themselves. So, they don’t know what public transport means. Plus, it will not benefit them personally ($$$ wise). So, the best is, use up the 56B to pay off all the TOLL-CONs nationwide. NO SUBSIDY, NO TOLL. This is probably what they are expecting. All TOLL-CON cronies can cash-out now before it’s too late. Look at it as a sign of BN-Gov pressing the eject seat as the plane is nose diving.

    When we do become NET OIL IMPORTER, did we ask ourselves: who will control the import price & who will benefit? I smell something rotten here. Will it be another “BERNAS” in the making?

  137. PJ boy has a point. Something needs to be returned.

    Well, it has been proven in many places that government intervention always bring about corruption (perhaps except Singapore). Another thing is that the more you subsidize, you actually pay more eventually.

    I’m all for a SMALL GOVERNMENT. This means minimal tax, no tax on productivity (INCOME TAX). Without taking our money in the first place through taxes, the money can be spent at the right places. With less taxes we improve our productivity and improve our purchasing power.

    Don’t depend on the the government, because all they can do is corrupt it. I’m worried about the trend towards more and more socialism…socialism relies on governments to breast feed the people…it’s just like the NEP…we get people who are too ‘manja’. Another things is socialism has a knack of tranforming into fascism and eventually communism. Let’s not go there.

    It’s fine for Petronas to earn more…why to let the rakyat become its shareholders? By being run in a more private way the government can’t touch it as their never ending piggybank.

  138. It could also mean somebody’s pocket is running dry of funds for political business…not to buy over PR MPs but to prevent BN MPs hopping over to PR. How ironic it can be if true. Thus, the hoppers are holding BN-Gov ransom?? Possible leh.

  141. I gather price of rice in China still the same. No increase & no cutting back on consumption. Price of VW cars in China as cheap as Proton here in Malaysia. Imagine VW cars in Malaysia as cheap as Proton in Malaysia…are we being shortchanged?

  142. cheng on soo,

    i guess the only people who voted for BN are those ppl who flourished under BN rule and couldn’t care less about our sufferings.

    All the cronies would not be complaining this hike, they would be laughing their heads off, with more funds for them to remit to their swiss acocunts.

  143. This is a big pain in the ass… Life has not been good and now it is becoming worse!!! By saving so RM56 billion, how can goverment make full use of the money to make our Public Transportation more effective??

    PS
    Our credit card debts will also increase!!!!

  144. In Bangkok, not sure if also rest of Thailand, can fill NGV almost at every petrol station or next to it. Even my friend Camry can come fitted with NGV system. This is what I call a pro-active gov that think of the people. Price of NGV in Thailand similar to Malaysia, but it’s well facilitated (not only in Petronas). Price of cars (Toyota, Honda, etc) also cheaper than Malaysia by RM 30-50K.

  146. A fisherman caught a sea bass and cooked it for his son to eat. Before his son could eat the sea bass, the father asked his son to pay up $10.

    The son thought that the fish was caught abundantly from nature and therefore at little or no cost, asked his father why.

    The father said “son if I buy that fish in the market, the fish would cost you $15. Therefore, you should be thankful that I’m asking you to pay only $10 because I had subsidised $5 for you!

    *************************************************

    Substitute father with Badawi and son with Malaysians and you will see how the BN government has hoodwinked us all these years!

  148. THANKS TO ALL SIMPLE MALAYSIAN WHO VOTED PARTI BARANG NAIK WIV A SIMPLE MAJORITY.

    HOW PARTI BARANG NAIK TREAT BACK THE SIMPLE MAJORITY MALAYSIAN?

    FUEL PRICES INCREASE RM 2.70 PER LITRE
    ENERGY COST INCREASE 20%

    MALAYSIAN BUYING HIGHER COST NATIONAL CAR COMPARE TO SOUTH KOREA PRODUCING THEIR OWN NATIONAL CAR. WHY OUR NATIONAL IS SELLING AT CHEAPER COST IN FOREIGNER COUNTRY? NOBODY INTERESTED IN OUR CAR BECOS IT IS USING INFERIOR QUALITY PRODUCT FROM CRONIES SUBSIDIARY. OUR NATIONAL CAR CAN ONLY BE SELL IN THIRD WORLD COUNTRY.

    MALAYSIAN ARE PRODUCING OIL, BUT OUR OIL IS MEANT FOR OTHER COUNTRY LIKE CHINA, THE COMMISSION ALL POCKETED BY COMPANY WHO FACILITATE THE DEAL. ASK URSELF, WHAT RAKYAT MALAYSIAN GET FROM ALL THESE OIL DEAL WITH FOREIGNER COUNTRY? THE GOVT. SAID IT IS OSA (OFFICIAL SECRET ACT) CAN’T BE QUESTIONED.

    IN THAILAND, THE INDONESIAN MAID IS DRIVING A HONDA CRV TO THE MARKET, BECOS IT IS CHEAP THERE. BUT HERE EVEN A KELISA WILL COST MORE THAN A REASONABLE CAR FROM FOREIGNER COUNTRY.

  150. even mountain bike wont do any good. our city road is much challenging than the mountain. we NEED TO RISE. i’m really pissed off right now and cant sleep. need to make new budget with this price hike. i’m so going to be soo slim by the end of the year.

  151. Can I ask one very simple question, at the risk of being labelled ‘unfair’.

    now, really and honestly, do you think PM Pak Lah really understands all these ‘ups and downs’. Yes, he has made all these announcements, but does he understand its impact: the toll on people’s lives, how to ameliorate effects of increases, how to stimulate the economy to provide the people with competitive incomes and a first-world standard of living. It shouldn’t be the first family only and all UMNO cronies that get to enjoy all the fine perks of life.

    My guess is: Pak Lah doesn’t understand. ANd he never will. In a manner of speaking, it’s just too late to teach an old dog new tricks.

  154. StJames

    I very much appreciate your comments. I stress again that I was speaking against those call for change MERELY because of every little problem we face – this is an advice against certain dangerous ATTITUDES that people here seem to have and hence a call for REASON first and not a defence of BN.

    But I do in fact think that the govt has made a mess of it. But the administration throughout the years has changed although the same party rules us. I blame the govt in the past for not being forward looking enough and for their corruption. The problem we have IS MUCH WORSE than it should be. But at the same time the problem we face today is universal. The present govt ought to do their best to solve it and we can do better than to call for an immediate change of govt. There is nothing worse than instability at the moment.

    One thing that I have noticed since the so-called political tsunami is that alot of people are increasingly becoming like the enemy we wanted to fight. Alot of the people here have so much hatred for the administration that they’d bring out the torch for every little problem the govt faces/caused. They think that anyone that oppose their view is for the govt – like Concerned Malaysian above who has called me a crony of BN. What I see is that alot of people here are exactly the same as those supporting BN. The difference is that these people are on different teams: same mentality, different teams *sigh*

    I hope you understand my worry. When I posted that I wasn’t defending BN I wasn’t. I stressed that I wasn’t saying that they were not wrong either. I merely wished to call for more reason among certain quarters. We must not become like the enemy! Hence my post was VERY specifically aimed at a particular group of people. You should see that from my subsequent posts qualifying my earlier statement.

    Concerned Malaysian:
    You can say what you want. Calling me names, if that makes you happy, fine. Do it. But I should let you know that my father worked hard to put me here. But say what you will. I can’t see how different you are from those BN MPs who called our opposition members monyets.

  155. I think I need to make one thing clear. I support DAP. But I’m not a fan of PAS nor of PKR. I don’t believe in a coalition government which may break at any point. I think you all know as well as I do that when egos clash, nothing beneficial can be gained from it. But it is good to have an opposition now to keep BN in check. We need to bid our time while DAP gains ground. Come the next election, BN must be dismantled for good. Change is coming, but be patient! But don’t lose your reason in the mean time.

  157. Something very fishy here.
    Why no increase of diesel price to the fishermen ? Recently the amount of subsidised diesel had increased dramatically but the amount of fish catch still remain the same. Either the fishermen had to go a lot further for their catch or a lot of fuel were being siphoned into neighboring countries. It was reported that with an average allocation of 30,000 litres of diesel a month at $1 per litre , one could make a tidy profit of $24,000 without having to go to sea by selling the fuel to their Thai counterpart at $1.80 a litre.
    I wonder how many BN cronies had also turned fishermen and what are their qouta like ?
    Isn’t the purpose of the hike in price is to prevent unscrupulous manipulation of our subsidy fuel ?

  159. It does not matter if we are net exporter of anything…..the Principle is WHAT ARE we doing with the excess $$$ for 50 years….

    We build STUPID Proton, bridge, tower, Klang FTZ, more TOL….etc….ALL Under UMNO-BN. We fed the corruption circle of death and you can be assured NONE of UMNO-BN leaders gives a HOOT about your anger.

    Rakyat can Boycott Petronas every Friday and Saturday….every week or do it Everyday….the net effect is you KILL off the cash flow to petronas/UMNO-BN and they will have to give you some gimmick like soap to draw you in….remember that scam many years ago…..

    RECESSION and Economic Chaos in Malaysia is coming….whether its Pak lah, Anwar or Razaleigh or Lim Guan Eng……you will not stop the reality of a Crazy Global World……Yet if you think outside square there is always a work around and solution….

    Like Shut Down Proton….then cheaper BETTER imported cars….

  160. Here, the government say it can’t subsidize fuel anymore but look at what happened on the other side, they had the RM to send space tourist to outer space for a trip costing the rakyat billions of RM!!!!

  164. /// 9to5 Says:

    Today at 01: 12.01 (7 hours ago)
    A fisherman caught a sea bass and cooked it for his son to eat. Before his son could eat the sea bass, the father asked his son to pay up $10.

    The son thought that the fish was caught abundantly from nature and therefore at little or no cost, asked his father why.

    The father said “son if I buy that fish in the market, the fish would cost you $15. Therefore, you should be thankful that I’m asking you to pay only $10 because I had subsidised $5 for you!

    *************************************************

    Substitute father with Badawi and son with Malaysians and you will see how the BN government has hoodwinked us all these years! ///

    Errrrrr, 9to5 – the father was right.

  165. We do not believe in the rationale given by the BN government, abd supported by some “economists” in the media for the increase in the fuel price and the electricity tariff. Those are nonsensical rationale.

    It is basically the mismanagement of the country’s finance and economy in the broad sense, by the BN government and the PM himself, due to their totally lack of vision and direction in good management of finance.

    The abuse and ‘rape’ by the past administration on the coffer of the state resulted in the current state of poor financial state of the country. Trillions had been squandered oer the past 50 years more so in the last 30 years after the imposition of NEP.

    So where are we heading under the continued administration of the same people from the same group?

    We are already one of the bottom few in terms of developed status and economic growth in the ASEAN region. If the country continues to be blind to all these abuses, rape of the coffer, mismanagement of the public fund, in no time, we are at the bottom of the ASEAN region and join the league of African countries in all the negativities there.

  168. WE CANT BLAME FAKLAH,WE ALLOW HIM TO BE THE PM AND FINANCE MINISTER,HE IS TRYING HIS LEVEL BEST TO OVERCOME PETROL SUBSIDIES/PRICE HIKE PROBLEM,THIS IS WITHIN HIS CAPABILITY!

    DUN EXPECT AN JACK OF ALL SPORTS,EXPERT OF NON TO PERFORM,WE ARE EATING OURSELVES,WE DESERVED IT!

    HE DOESNT KNOW ANYTHING ABOUT ECONOMY,WHAT A BIGGEST JOKE ON EARTH AND YET HE HOLDS THE MONEY!

    WHEN WE ARE ON-BOARD,IT DOESNT MATTER MAS OR AIRASIA,AT LEAST 80-90% OCCUPANCIES (AIRASIA IS 99%!),THIS IS ECONOMY,BUT WHEN HE FLIES ON HIS OWN AIRCRAFT,SAME CONSUMPTION,IT MERELY CARRIES FEW PPL,AND THIS IS REVERSED-ECONOMY,especially at this very moment!

    IF A DONKEY CAN BE A KING OF A JUNGLE,DOOMED DAYS ARE NUMBERED!

  169. Why continue yakking about unfairness of BN and Bodowi while our only blardy salvation is for DSAI and PR to take over by Sept. You think our incessent whining and **** will get Bodowi to change his mind?! If Anwar fails his job, I will plan for migration in long term. 10 years now this country goes to the direction it is now we’re definitely gonna be in bottom rung of Third World countries.

  170. In the olden days, we have Robin Hood robbing the rich to help the poor in the West!

    Today, we have AAB robbing the poor to help the rich in Malaysia! Three cheers for AAB! Malaysia benar-benar BOLEH (mati)!!!!!

  171. Keep saying change ur lifestle. I don see Malaysian would spend on sumting unnecessity eloborately. Wat they want is only decent living. Abollish all toll and you must very powerful transport system in order to ask the public to use the public transport. Wat the heck when they are very scared to use the road via the system when the crime rate is very high. “We cannot satisfy anyone” The thing is don satisfy anyone. Malaysian is not stupid. Please ask tis old man to step down. He don nothing but damaging the life of rakyat

  174. ktteokt Says:
    No money to subsidize fuel in Malaysia but lots of “extra” money to send space tourists to outer space???
    YES, WE’LL BLOODY PROTEST IF EVER YOU SEND 2ND SPACE TOURIST
    TO ‘SEK FOONG’!!! ESPECIALLY SPONSORED BY PETRONAS!

  176. Now the worry is that with the price hike, Petronas (ie. BN govt) will give excuse to divert the oil and gas supply to the PR controlled states, in order to cut cost further – that will surely affect the PR-led states directly and indirectly.

    I hope there will be a snap election coming up soon. But knowing the BN would have by now figured out another way to prevent this from happening!

    Sigh.

  177. I feared that this is only the beginning.

    ——————
    On other note, I wonder if this is one way to ‘revenge’ on the GE tsunami…

    Or could it be the last resort to get $ before the new government take over?

    Or could it be a covering of a loophole before the new government take over?

    I feel the pain for fellow Malaysians..

  179. Pak Lah : “To help those who own smaller cars, the government is giving a fixed rebate of RM625 a year for vehicles of 2,000cc and below, and pick-up trucks and jeeps of 2,500cc and below. Whether the rebate will offset all or part of the increased expenditure from the hike will depend on the engine capacity”. How smart..

    You with a NEW 300k 1400cc Mini Cooper get rebate..
    Me with a OLD 34k 2200cc Camry eat sand.. What a logic..

    Talking about leadership crisis..

  180. Crikey!!
    I just don’t get it, why the last minute notice?! Through circulating sms-es and emails like always.

    My husband and i are somewhat not affected as we walk daily to work (we live nearby to our offices), only using our cars after work twice a week and weekends to run errands and such.. and although both our 2nd hand cars are less than 1.5cc it’s still pinching.. sigh!

    With the recent increase on everything, i do pray for an increment by year-end..

  181. Dear Malaysians,

    RM625 may looks like a lot to some but think about the impact of petrol $$ increase to the other daily goods that we consume. Rm625/year is RM52.08/month. Is it enough to cover our extra money that we are paying for other goods price increase for the month????????? Think!!!! Think!!!!!

    PUA CHU KANG: USE UR BLAIN … USE UR BLAIN

    SABAH N SARAWAK MP’S…. PLEASE HELP US… ONLY U CAN DO IT.

  182. This is outrageous! My annual salary increment was a mere 1.8%, and I had already felt the pain as every other life’s essentials slowly crept up in price.

    And now a 40% hike in fuel price? Do I walk to work now? Do I eat sand?!

    Apakah benar, apakah ikhlas apabila Pak Lah kata beliau prihatin terhadap rakyat?!

    He has lied. Not once. Not twice. He will do it again.

  183. the spiral effect will affect all industry after the petrol price increased. but at the same time, if comparing the fuel price of the singapore, the govt must know how to calculate the earnings and income of the singaporean, and windfall tax on the plantation and petronas, where does the money goes?

    at the same time, despite the global issue to price increasing, the govt must knw ow to attract investor coming in, improve the tourism industry. scrap those policies that might be seeing side to only certain group, but not all Malaysian! get more money inflow to the country and rakyats pocket.

  184. the fuel price hike, =.=!! there will b more and more robberies , since not many low income family manage to get rid of this(fuel hike). some of them MAYBE would get an easy way to earn money.for those who are doing biznez, damn, loosing customers…
    and we’re suffering of this from now on….

  185. Oil prices is going up there’s no hiding that fact. This new system is a good one. It targets lower and middle class Malaysians. We won’t waste money by subsiding petrol for Thai and Singaporeans. What we should be angry about is the amount we are getting back and other wasteful gov. spending like 3.5 million a month for the Malaysian Philharmonic Orchestra and corruption among gov. officials. YB Please target the right issues.

  186. Also how about reducing taxes for hybrid cars. Implimanting more better Car Fuel Efficiency laws for any cars that are sold in Malaysia (of course this means Proton will have to die)
    Currently Honda Civic Hybrid cost over RM60 of taxes more than normal Civic 1.6

  187. dear yb,

    the price increase of 0.78 and i had to pay an extra rm100++/mth and if they incease till rm4/ltr, i would have to fork out another extra rm200++/mth which makes out a rm500/mth for the petrol. for me who earns less than rm3k/mth, it is a burden.

    i mean, how could they do this to us and no one…i repeat, no one could do anything for us? they use the ‘cheapest petrol in asia’ but they forgot that their cost of living is lower and exchange rate is higher than us. it is a daylight robbery and revenge for us. they think that by this, they will make us regret for choosing the opposition but they did not think (as usual) that this will trigger a chain-reaction back to them.

    i am frustrated cos no one can help us, at least if they want to increase, do it at a slower pace…..what about the opposition promises? where is it? if they cant do what they had promise, i rather spoil my votes!!!!

  188. 4 countries who land border crossing w Msia.
    Spore oil expensv, income very high, No produce oil
    Thailand oil expensv, car very cheap, no produce oil, hardly any tol
    Indonesia oil cheap, car very cheap, net oil importer, very few tol,
    Brunei oil very cheap, car very cheap, no tol
    Msia ???

  189. Petrol price had gone up. Everyone knows it. So many desperate fellows actually drove their cars bumper to bumper queuing in lines just to get their tanks filled last night hoping to save some money before the super price hike. I am no MBA or economist, so I am in no position to fully understand the fuel subsidy thing and their effect on the economy and blah blah blah. But as a normal citizen who has an almost properly functioning brain, I can tell you that the currently planned method of cash rebate is a piece of shit that could only come from someone with shits in their heads.

    Reasoning :
    1) How many cars are over 2000cc?? Few or may be very few only. Meaning that many (rich or poor) will still benefit from the cash rebate irrespective of their gas using habit. This is not what we want. We want the poor to receive more.

    2) Let say I am a businessman who runs a car rental service and I own 50 cars for rental. I rent the car to customers and customers fill and pay for the petrol themselves, so essentially I will receive $31,250.00 ($625.00 x 50) annual cash rebate for doing nothing, extra profit from the stupid policy maker and government.

    3) Let say I am a filthy rich man and I own 5 luxury cars but all are below 2000cc, or may be I am just a rich man who likes to own nice cars, then I will be entitled $3,125.00 ($625.00 x 5) annual cash rebate despite being filthy rich with overspending lifestyle while my fellow poor neighbor who owns a Honda 70cc kap-cai only receive $150 annual cash rebate despite being poor and living a thrifty lifestyle!!! VERY STUPID GOVERNMENT!!!

    4) Let say I am a poor man who don’t own any cars/motorbike and I rely on public transportation to go to/from work, then I will not get anything sumore I am likely to pay more for transportation fares due to the diesel hike, despite me being very poor not even capable of owning a motorbike, being nice for using public transportation thus relieving road congestion, being environmental friendly by not burning fossil fuels, but in return I get punished!!!! DAMN STUPID GOVERNMENT!!!!!

    5) And lastly can the uncle-uncle and auntie-auntie at the POS offices handle the sudden surge in demand for counter services as a result of the cash rebate?? Judging from the services and experiences I had with those uncles and aunties, I don’t think so!

    Anyway, I am not all critics and no help. My suggestion is why not implement the rebate in the form of income tax relief/rebate base on income level?

  190. Someone ask via malaysiakini, whether we can pay ‘market price’ for cars (foreign n local), if they wan us to pay ‘market price’ for oil !
    He said, do away with all taxes (import, excise, road etc), road tol, then we dont mind pay market price for oil

  191. We can TALK & PROTEST for all we want, BUT it’s not going to change the present ESCALATING COST of living in Malaysia.
    I think it’s time that all the MPs from MCA, MIC, GERAKAN, PBS, SAPP, UPKO, PBRS, & LDP to HAVE THE BALLS to walk out from the BN and forced a re-election in Malaysia.
    As someone mentioned earlier on, better for all of Malaysia to change just the PM instead of CHANGE ALL OUR LIFE STYLE as told our dear Bodowi. Change is good, but not when it’s been thrust down our throat.
    That William85 is an idiot and who apparently speaks without thinking. He said “…should not snipe on Pak Lah or BN. That would be irrational”..Unquote. He must be one of those hopefuls wishing to be a candidate on the WASTEFUL 40million ringgit space tourism program, or those submarine supplier agent, or those government contractors carrying out soggy workmanship on multimillion government contract works.

    Time for CHANGE, and the time is NOW!

  192. The govt cannot just compare the fuel price with our neighbour, Thailand. The comparison should go to the car price as well. a toyota vios is much more cheaper in thailand than in malaysia. furthermore, there is no toll in thailand.

    if govt is not giving petrol subsidy, then No TAX on imported cars pls. then the rakyat wil b more happy to accept the proposal…

  194. Is Badawi out of his god-damn-mind. What is he trying to do, bankrupt the whole rakyat of Malaysia where as he keep raking money for his family and cronies,

    For a country that produce it’s own oil, this is way out of line. Just made some comparison with middel east countries that produce oil, just look at their goverment charge their own rakyat per litres. How cheap. Crazy…….

  195. Fact is the government has 1.2 million civil servants and hundred of thousands of pensioners to feed. With only 1.1 million taxpayers (a large percentage of this government servants), where is the money coming from? They have created a monster civil service; a rent seeking class of contractors who siphon off massive amounts of development money. The government can see that they will face bankruptcy in the near future.

  197. Can only pray that our great, holy and caring Finance Minister can replace Ben Bernanke as US Federal Reserve Chairman. Then no need for Osama to slam more hijacked planes into American cities because the USA will self-destruct

  199. Time to change our driving habits, drive only necessary, share car with friends, stay at home, employ few office boys, shop at own township, use public transport, avoid traffic jam, walking, plan travelling schedule, buy classic cars with low cc to get rebate, look for work near home, etc.

  200. “ENDANGERED HORNBILL Says:

    Today at 01: 52.38 (10 hours ago)
    Can I ask one very simple question, at the risk of being labeled ‘unfair’.

    now, really and honestly, do you think PM Pak Lah really understands all these ‘ups and downs’. Yes, he has made all these announcements, but does he understand its impact:..”

    My friend and fellow bloggers, did you watch that Bodowi face when he read that announcement? His face reflect the answer to your question….i.e. like a moron who totally do not comprehend the extent (not to mention FULL extent) of his rash action. The name “Bodohwi” fits him perfectly like a glove. To top the cream, that Bodohwi said that he and his bunch of stupid imbeciles took over FOUR HOURS to come to a decision to hike fuel price. The way he spoke implies that he and his bunch of imbeciles took that much time before inflicting that pain and unloading that heavy burden on us. Pure stupidity written all over his face!

  201. (Dear moderator, please don’t hold back my comments!)

    Ini PM bodoh, tamak & kejam!

    Ini kerajaan tak guna, suka menipu Rakyat!

    Selalu cakap ini culture bukan kita punya culture!

    Selalu cakap ini harga kita paling murah punya!

    Rakyat & kawan-kawan sekalian, janganlah tertipu lagi! Bangun dan lepaskan diri dari genggaman maut anak-anak syaitan & iblis!

    Kita negara pengeluar minyak, kita berhak mendapat harga lebih murah berbanding sekarang!

    Petronas untung ‘berbilion’ bukan ‘bermilion’! Tiap-tiap bulan contest bagi BMW & Mercedes!! Apa ini?!

    Minyak bersangkut-paut dengan banyak industri dan perniagaan kecil negara ini, dalam sekelip mata 40% beban diletakkan pada kami dan Rakyat sekalian – apakah perancangan ini menunjukkan ‘efektif-ness- kerajaan ini? Apakah ‘basis’ atau ‘argument’ atau ‘justification’ yang dibagi kepada rakyat?!!

    Apakah ini petunjuk BN takut kepada DSAI & Makkal Sakthi?! Mungkinkah benar mereka ingin meraut keuntungan dan lari ke negara lain serta bermastautin disana sebelum DSAI & Makkal Sakthi ‘membakar’ mereka?! Mungkin?!

    Walau bagaimana pun, Rakyat sekalian, jangan dengar hasutan anak-anak syaitan & iblis ini lagi, bangun dan buat perkara yang patut, jadilah rakyat Malaysia yang sebenar, saya orang Malaysia, bukan Cina, India, Iban, Melayu, Sikh, bukan, tapi saya orang Malaysia, saya dilahirkan selepas ‘Independence’ kita dan merupakan warga sebenar, nenek moyang saya juga telah menumpahkan darahnya untuk tanah Melayu ini, seperti dalam lagu kebangsaan kita.

    ‘Culture’ itu boleh dipupuk, api itu boleh dinyalakan, semangat itu boleh disemaikan, jangan tunduk lagi kepada kerajaan syaitan ini! Jikalau ‘culture’ itu baik, kita harus belajar dan mempergunakannya!

    Demonstrasi perlu dilakukan, dan ia patut dilakukan, supaya kuasa sebenar Makkal Sakthi boleh dilihat sepenuhnya anak-anak jembalang ini!

    Jikalau takut ISA, tak apa, kita ‘boikot’ (boycott), macam yang diajar Tun Mamak, kalau kita bersatu hati, pasti efektif! Mereka mampu menaikkan 40%, kita mampu memberhentikan ekonomi negara ini! Boikot!

    Memandangkan sistem pengangkutan jalan awam kita yang sungguh efisien, marilah kita sama-sama “beramai-ramai” “membanjiri” dan “menggunakan” ‘public transportation’, jangan pam minyak, mahal, tak ada orang paksa kita membeli minyak, gunakan ‘public transportation’ yang disediakan “kerajaan”, supaya hasrat mereka “tercapai”!

    Bukankah ini munasabah, kita harus gunakan ‘public transportation’, kompani minyak itu dah terlebih untung, jangan bagi lebih sangat, inilah yang dikatakan “bagi betis mahukan paha”!

    Kita harus “gunakan” public transportation hari-hari sehingga tergulungnya maharaja (lela) ini dan kerajaan hantunya!

    Kita harus “gunakan” public transportation sehingga munculnya kerajaan Malaysia baru diketuai DSAI, Pakatan Rakyat & Makkal Sakthi!!!

    DO IT FOR MALAYSIA & DO IT FOR JUSTICE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

  202. I am not so sure DSAI can form next goverment in Sept or Bodowi is counter-acting him now. Bodowi knows by increasing fuel to such level will made him even more unpopular with the rakyat including malays but why is he doing it.

    A sudden jump of 0.78 per litres is succide for the rakyat. Now i have to pump RM70.00 for my lorry to get about 26 litres whereas previously it’s RM50.00.

    What is happening to Mlaysia

  203. well, YB and Malaysia folk’s… so far i just curious … what PETRONAS role in this matter when Dato Seri Abbdullah saying that “Brunei is different”

    i think we also part of the country that produce oil, and the different is we just produce a higher grade oil, so ???

    n i also agree that the petrol should go up , if the Govt Buy back all the toll and abolish the new car taxes… or what you all think???

    hear from you all YB, tun, Dato Seri or anyone who have a better knowledge on this…

    well,
    i am blur now..

  204. mobilepsy you make some good points, I hope the gov. will streamline the process of subside rebate like subsidize 1 car per 1 person. But giving it through Income tax is good idea too

  205. Giving rebate via income tax cannot work efficiently nor fairly to those who really need that rebate because they are many who have no income tax at all. These people are fishermen, farmers, and retired elderly.
    There are always alternatives to everything…including reducing subsidies. For example: Reduce subsidies gradually and in stages instead of in hefty 40 percent increases. Reduce unnecessary government spending like: 1) Why sent a Malaysian to ‘makan angin’ in space when you cannot afford it? 2) Why purchase expensive Submarines when we do not have need of that? 3) Why do JKR still have club houses when it is a government body and not corporate? 4) Why our government still practice expensive negotiated contracts to select few crony companies? The list of cut backs and change of wastages in government goes on.

    There are plenty of alternatives in cost cutting, and it HAS TO BEGIN WITH OUR GOVERNMENT WASTEFUL SPENDINGS!

  206. Bodowi is not bodo, in order to stay in power for another 50 yrs to come, this is a decision to raise funds to buy support from Sabah and Sarawak this is the party agenda and the cost is bear by Malaysian who are generous enough to fund it. He already raise the retired cap of EPF so that he can enjoy the subsidies, and stay in power for long.

  207. I am yet to see how efficient the Ministry of Transport will be when it comes to the payment of petrol rebates. As it is the Ministry is already in a havoc state and if it were to handle petrol rebates, I am very sure their efficiency will further be discounted.

  208. “if petrol price goes up to RM 4 by August, guess how much **** will skyrocket?

    Char Koay Teow – RM 6, possibly more
    Roti Canai – RM 2
    Chap Fun, 1 meat and vege – RM 5 (just one meat and vege u know?)
    Milo Ais – RM 2.50
    Teh Tarik – RM 1.70
    Banana Leaf Vegan rice – RM 5
    Nasi kandar meat and vege – RM 10 (go tapau McD same price maybe? LOL)
    A McSavers burger (cheeseburger?) RM 5

    prepare migration plans if PR doesn’t take over by Sept =P”

    Now our RM is like SGD the figure are the same, but Singaporean have greater buying power than Malaysian.

  210. Haizz, day in day out talk talk, nego nego, preach preach, complain complain, protest protest but till today nothing can be done amicably by anyone includes the oppositions eventhough the BN was denied their 2\3 majority in the GE 12.
    Look at the incident in the Cheras toll for eg. How long it actually took to settle the problem and how many ppl had actually physically injured during the process? That was just dealing with a company called Grand Saga and in Selangor state territory.
    Now we are talking about the gomen for a country as whole.
    How long? Next GE? What r the amicable actions, I was asked to wait?
    I hate to listen to the oppositions’ phrase like ” Keep calm, we are doin something” what is it , man???

    Pls do sumthing, YB..

  212. I have the opportunity to live in two foreign countries during the oil price increases and also during the financial crisis era 97 and none of these two countries did anything like Malaysia…price for everything only going up and salary remain low or increase anything they can at every single oppportunity! ACTUALLY it is not cheap to live in Malaysia.

  213. semua naik!

    married JA, lil’ bro pun naik! (but unconfirmed la)

    Yahoo, roadtax reduced Rm200….big deal!

    Looks like we are heading for self-destruct mode soon as we hv nimcompoops for ministers who are only concerned for lining up their pockets before the nation runs dry for good and with their ill gotten gains they can move to live in the moon! Now who says our Angkasawan programme is shiat?

  214. I really don’t care if fuel price increase provided the government take the money and do something useful to us people. They keep compares our fuel price with others. What for? If really want to compares, look at how Singapore runs its country. Singapore has no crude oil, no land to plant pineapple, rubber trees, palm oil, rice, We have tin mines, sand , timber…yet not enough to feed our people? Where the money all goes?? How singapore do it really make me feel ashame

  215. Not sure how much good it will be but let’s all BOYCOTT pumping at Petronas Stations IMMEDIATELY !!! Unless when want to go for piss there.

    It’s time gov allow to bring in the hybrids openly. There should not be any tax on vehicles that are enviromentaly friendly. Both Honda & Toyota already have hybrids past 5 years. Gov sing about being pro-active. Bullshit hypocrisy. We have been shortchanged for far too long by BN gov.

  216. This is what i got from my fowarded email…

    Harga minyak sepanjang zaman.. (dalam masa 18 tahun – sejak 1990)

    zaman Mahathir
    sebelum 90 – RM 0.89
    tahun 1990 – RM 1.10 (kenaikan RM 0.21)
    01/10/2000 – RM 1.20 ( kenaikan RM 0.10)
    20/10/2001 – RM 1.30 (kenaikan RM 0.10)
    01/05/2002 – RM 1.32 ( kenaikan RM 0.02)
    31/10/2002 – RM 1.33 (kenaikan RM 0.01)
    01/03/2003 – RM 1.35 ( kenaikan RM 0.02)
    zaman Pak Lah
    01/05/2004 – RM 1.37 (kenaikan RM 0.02)
    01/10/2004 – RM 1.42 ( kenaikan RM 0.05)
    05/05/2005 – RM 1.52 (kenaikan RM 0.10)
    31/07/2005 – RM 1.62 ( kenaikan RM 0.10)

    28/02/2006 – RM 1.92 (kenaikan RM 0.30)
    05/06/2008 – RM 2.70 (kenaikan RM 0.78)

    Nota :
    (Skrip dulu-dulu)

    1. Kenaikan minyak masih rendah berbanding mana2 pun negara ASEAN.

    2. Kerajaan akan pastikan kenaikan tidak membebankan

    3. Kerajaan tidak mampu lagi menampung subsidi.

    4. Kerajaan memberi jaminan harga runcit petroleum tidak akan dinaikkan lagi pada TAHUN INI.

    (Skrip sekarang dan akan datang)
    1. Rakyat mestilah mengamalkan hidup jimat cermat.
    2. Kita akan memastikan harga bahan api antara yg terendah dirantau ini berbanding Singapura dan Thailand .
    3. Bila kita susah, kenalah sama-sama susah, bila masa senang, ‘kita saling membantu’.
    4. Penjimatan subsidi RM13.7 billion ‘dipulangkan balik pada rakyat’.
    5. Langkah ini adalah ‘situasi menang-menang’.

  217. It is no use protesting.Subsidy has given us the subsidy thinking which had protected us from the vagaries of price fluctuation which in turn made us lazy and not hardworking.Now the government wants to dismantle the subsidies to teach its citizen to learn to live within its means.Buy small cars, use public transport, eat simple food ( price of chicken will stabilise around RM12 once it is freed!),eat more vegetable and live in darkness.Grow vegetabldes around the house and in pots.Do not forget once income increases.Do not be lavish and pray more often :to reduce greed.The whole idea should be simple living and high thinking to wipe out what the UMNO led government had done to us.They never knew that the price of oil will soon touch US200 .Will our Arab brothers sell us oil at special price?No it will amount to begging This is an example of poor thinking.So stop protesting and start living!

  218. How about planting padi on our rooftops as suggested by the great acheh strategist Sanusi Junid? (When the roof starts getting water-logged and leaking, just use the padi stalks to absorb the water)

  221. PureMalaysian Says:

    Today at 09: 39.31 (7 minutes ago)
    Let’s start doing shopping at neigbouring countries? Like how the Singaporeans shop in JB?
    —–
    Where, Indonesia, Thailand, Brunei?? other place U hv to fly lah!
    Most important, do govt allow U to shop for a car in Thailand or Indonesia, or Brunei & bring back to Msia without any tax, duties etc ??

  223. Shopping in neighbour countries??
    Maybe for Sarawakian living near Brunei, (Miri , Lutong), can buy petrol in Brunei, those near Indonesia border (on the way to Singkawang), can also get cheaper petrol from Indon.
    Those near Thailand border, buy sundries (not petrol), but most important, buy a car without stupid AP & taxes (can govt allow this??)

  224. Shopping in neighbour countries??
    Those who can afford ferry fare, JB/ Batam, Bintan, Kukup/Karimun, Kundur, Port Dickson, Melaka, Muar/Dumai, Klang/Tj.Balai, Penang/Belawan,
    But don’t forget, all the TAXES, that Msia custom may want from U !

  225. It looks like after the currency attack on Asia after 1997, it’s oil attack now. It looks like they’re almost certain to succeed, due to our govt’s own greed

    With a single analyst’s forecast, oil price shoot up $11 overnite.

    Oil jumped following a Morgan Stanley analyst’s forecast of $150 oil by July 4, and in response to a drop in the dollar and fresh tensions in the Middle East.

    Hey people, Najib did not say there is no fuel hike. “doesn’t necessarily mean price hike” means there is still a possibility of a hike. I suppose this only happens when BN retains the Federal Govt in the GE, of which it did. It was the reporter who said there’s no hike. Stop blaming Najib :)

  226. profesor hamdan is now datuk,he speaks like BN liners,dun noe how much he reciv to hv such a tune like lee lam tye(being tamed!)!sooner will be profesor khoo k k,wat do u tink?
    lives become more and more challenging,tough waves are blundering the shores more frequent,are we going to get crazy?God must be crazy!

  227. All Dap or Pakatan Leaders,
    Please do something before they finish “hisap” our country wealth!
    They try to take whatever can take and leave a shit to u all.
    Must action immediately kick them down, don’t wait until Sept, With a bankruptcy status, Pakatan take over also cannot do anything if they finish off our nation money!!!
    Please…
    All people cannot survive…..

  228. BN election manifesto “security, peace and prosperity” seems to be true. They will feel ‘secure’ , ‘piss off mind’ , and ‘prospered’ with the money they saved. Really a good manifesto! Salute!

  229. ZhouYu, that USD11 crude oil price increase was a direct result of Israel statement yesterday (Friday) that they will not stand for a nuclear Iran and that war is an option that has not been riled out.
    So, some F*@#&% opened their big stupid mouth and voiced out what every idiot with an sense would loved to do to Iran and the whole bloody world suffered for that remark. Kinda sounds like UMNO MPs too!

  230. tat is just beginning,see,now crude oil is usd139/bababarrel!!!
    the cabinet was vevevery ‘smart’,my frend,rm2.70/litre is on monthly revision,hahaha.The cabinet was insaint,they claim their mileage from gomen ranging from rm5000-15000/month,who pay for them?you and melah,dude!
    the middle-east war is not triggered yet,once it rily begins,i think all of us can forget about driving cars,just park our car permanently at home will do!we shall wait and see!

  232. Just heard something like we had secured a forward contract with an eastern block country with the oil price fixed at USD30/barrel for 20 years when the oil was hovering at that price some years ago.

  233. Pingback: Images Of Dream » Blog Archive » A really hefty price increase!

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