Thursday, July 15, 2010

Petrol RON 95 + 5cent, RON 97 subject to floating price

This government, really, (shake head) petrol price increases again. Economy is going downhill now but... Looks at US unemployment rate, and how the share is doing.

Most importantly, look at the crude oil price. Why is that they decided to increase the price? Buying car in Malaysia is already like paying 2x more than western country, loan increases due to interest rate hike, and now this. The only thing maintain stagnant is our salary.

The price of sugar will go up 25sen to RM1.75 per kg; LPG will go up 10sen to RM1.85 per kg; petrol RON95 will be up 5sen to RM1.85 per litre and diesel will be up 5sen to RM1.75 per litre.RON 97 will no longer be subsidised

KUALA LUMPUR: From Friday, the subsidies for sugar, petrol, liquefied petroleum gas and diesel will be cut as part of the gradual subsidy rationalisation programme, according to a statement from the Prime Minister’s office on Thursday.


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