December 23, 2008
Wow, nice article from Star newspaper about International Trade and Industries Minister Tan Sri Muhyiddin Yassin urges the Projek Lebuh Raya Utara-Selatan (PLUS )to put up warning signs at accident-prone areas along the expressway. All this due to the recent 10 deaths at Tangkak-Pagoh expressway from the bus.
This is a good move, maybe next time I will lookout and take some photos along the highway.If they don’t do it, well,can’t say much….
December 17, 2008
Yay! Another petrol price reduction – down by 10 cents to RM1.80 for RON97 from RM1.90, while RON92 is now at RM1.70 from RM1.80 per litre starting Dec 16 midnight.
But again compared to drastic drop in global oil price, this price cut is still far behind. The current crude oil price is below USD50 still. Compared to previous global crude oil price at USD79 while our petrol is at RM1.92. Should we not enjoy a much lower rate? The petrol price maintained at RM1.80 till now. Just don’t understand why is the petrol /diesel price still stagnant at this moment. Did they did B to get M?Is M all that matters? C just never ends…
December 6, 2008
Why is the replacement? According to Minister Datuk Shahrir Abdul Samad – the decision was made based on feedback from car manufacturers that most cars in Malaysia would be able to use RON95.
So far, prices for RON95 is higher than RON92. It is mentioned that the price for RON95 will be maintain at similar range with RON92…however, it has not been confirmed yet as this kind of decision needs to brought up to the country cabinets. So, let’s wait and see….
December 3, 2008
Based on crude oil price which is now below US$50 per barrel, yet our petrol price did not drop any significant. The lastest price cut for Malaysia petrol is effective on Wed, Dec 3, 2009. The new RON97 petrol is RM1.90 fromRM2.0o and RON92 and diesel down to RM1.80 fromRM1.90 per litre.
This drop is due to the world fuel price has dropped sharply. This is the sixth time price cut since Malaysia petrol prices jumped to RM2.79 per litre in June 2008.
November 20, 2008
That what’s the title about…reported by newpspaper – it seems Government is paying Pos Malaysia RM30mil commission for managing petrol rebates. Each cash transaction Pos Malay was paid RM2.80, for each money or postal order – they get RM4.80 whilst for each bank transaction it will be RM3.80.
Wonder who own Pos Malaysia….anyway, it seems this commission will only end at March 2009 and is said not to exceed RM 30mil.
Plusssss…..so far, RM316 mil was paid to 2.11 mil motorcyclist and RM2.02bil was paid to 3.24 mil car owners. Remainder to jeep and pick-up truck owners. Latest figures reported until Nov 10 is RM2.652bil. Wonder how long this going to continue….
November 18, 2008
As title mentioned our petrol price is reduced again by another 15 cents.The prices are effective from midnight Monday, Nov 17, 2009. This time, the new pump price for RON97 = RM2 per litre and RON92 will be sold at RM1.90 per litre. As for diesel, it is also at RM1.90 per litre.
This is the fifth price cut for fuel since August. This time reduction was made in line with falling global petroleum prices. Also, the gas stations are advised to have enough petrol supply to avoid a recurrence of stations running dry. It is also to ensure that station operators are not penalised under the Control of Supplies Act.
Quote from Star Online, Nov 18, 2008:
# Najib said the reduction was made in line with falling global petroleum prices.
Yesterday’s price of a barrel of crude was about US$56.#
Also our current PM mentioned to keep promise in reducing petrol prices – # Prime Minister Datuk Seri Abdullah Ahmad Badawi said the Government had kept its promise to reduce petrol prices.Abdullah, who is on a working visit to Uzbekistan, said consumers should boycott outlets which refused to lower prices.
I have been told that there is a non-governmental organisation spearheading this move. They have my support,” he told Malaysian reporters in the Uzbek capital Tashkent.
He said the people would be angry with the Government because prices of goods were still high.
“The Government had kept its promise but traders are not doing their part,” he said.# – The Star Online, Nov 18 2008
Well, as far as concern, our DPM, Najib hopes traders would also lower prices of goods and services following the reduction in fuel prices to enable the people to reap the full benefits of cheaper fuel. This is like waiting for a dream come true … 
November 12, 2008
After cases regarding petrol station closing due to petrol supply finished – now, Domestic Trade and Consumer Affairs Minister, Datuk Shahrir Abdul Samad mentioned that petrol station operators will be fine up to RM100,000 if they do not ensure enough fuel supply.
As quote from Star Online Nov 11 – # “This is because fuel is listed as a controlled item, and petrol station operators have the responsibility to ensure enough supply to meet consumer needs,” he told reporters after launching a Price Reduction Campaign yesterday. #
#“The ministry can take action against petrol station operators under the Supply Control Act, and fine (those not keeping sufficient stock) up to RM100,000.”#
So far, 20 petrol station operations have been given show-cause letters to explain their actions. Some will be fine.
But as we understand, some operators did not order fuel because they were fraid they would incur losses.
November 3, 2008
Whenever, there is a fuel price hike or down, drivers are bound to face the problem of petrol running out. Today, there is petrol running out from state of Kedah and Perak. Please take notice and have a 2/3 tank full when there the fuel hike or down.
Source: Petrol kiosks run out of fuel- NST
October 31, 2008
Prime Minister Abdullah Ahmad Badawi mentioned that the 15 sen price cut would be effective on Saturday, 1st Nov 2008. The price of diesel was also cut by 15 sen to 2.05 ringgit a litre. The Government last cut fuel prices by 15 sen was 2 weeks ago.
This time is the fourth fuel price cut by the government since this year- June’s steep price hike of 41% which sparked angry street protests and calls for the Prime Minister to resign. Back in June, the price of diesel was also raised by 63% .
Of current, the PM mentioned prices would be reviewed periodically based on the cost of oil.
In June, other than fuel price hike, we also saw inflation rate rises. In August - the inflation price index reaching a 26-year high of 8.5%, due to the escalating cost of food and transportation. But, in Sept, inflation eased to 8.2% as fuel prices dropped.
October 5, 2008
Travelling through North and South highway, one will see a signboards. There are typical words used too on our road signs.
(Source: ExpatKL.com)
