Wednesday, February 24, 2010

PR - Petrol Respin

Some Joker sent me this email , I guess it must be from the Pakatan Rots or the DAP morons who probably wanted to see protests and getting the country sodomised by their foreign gay lovers . What a spin ! I find it preposterous since petrol without subsidy will only cost $2.70 a liter .

Subject: From May 1, the fuel will be pegged at RM 3.90 per litre for RON97, while RON95 will increase to RM 3.70 per litre

Attention to all Malaysian car owners....FYI.


PUTRAJAYA, Jan 8 - The mechanism for fuel pricing in Malaysia has finally been finalized and controlled under one mechanism, which also takes the high and lower income group people into consideration, according to Finance Trade Minister Tan Sri Anuar Ali.

"From May 1, the fuel will be pegged at RM 3.90 per litre for RON97, while RON95 will increase to RM 3.70 per litre. However, the prices of national-made vehicles will be lowered by at least 40 percent. For example, a full-spec family sedan Proton Persona 1.6 litre engine will cost around RM 23,000.00 excluding road tax and insurance. Import tax and excise duty will be revised to only 30 percent, from the current 200 percent. Imported vehicles such as the newToyota Camry 2.4 litre engine will cost around RM 65,000.00." he said.

The mechanics has been said to be undertaken by a team of experts from Australia and Canada who were earlier briefed on the issue of subsidy in this country, whereas after consideration by the transport minister, they have signed the constitution that the system will be made on May 1, the day it goes into effect.

Under the new system, there will be a major effect on the existing consumers who have already purchased a vehicle and to those who are in the midst of repaying the loan of their vehicle to their financial institutions.

Ahmad Tajuddin said the government might also re-introduce a cash return annually to Malaysians who own a 1,500 cc and below vehicle. The amount have yet to be decided but he assured that the amount will compensate the price of fuel by at least half to eligible Malaysians based on bumi quota.
- SkyNet News Asia
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Government scraps tiered fuel subsidies for simpler ways

A motorist refills petrol at a pump station in Kuala Lumpur. - Reuters pic















KUALA LUMPUR, Feb 24 — The government is looking at simpler ways to subsidise fuel for consumers after quietly scrapping the proposed tiered fuel subsidies scheduled for May 1 due to its complexity.

Industry sources said Putrajaya made the decision “recently” after complaints that the new subsidy system which uses MyKad for petrol purchase could be a hassle for consumers and petrol dealers apart from causing congestion at fuel stations.

“Oil industry executives have been asked to stop implementing the tiered subsidy system as the government has stopped it,” an industry source told The Malaysian Insider.

A consultant working on the programme confirmed the move, saying “the decision was made fairly recently.”

“It was just too complex and unwieldy,” he admitted to The Malaysian Insider, referring to the tiered subsidy system.

Under the programme that was being handled by Malayan Banking Berhad, motorists had to register using their Mykad to be eligible for some subsidy for one vehicle from May 1.

However, petrol dealers complained of additional costs despite making only 12.19 sen per litre for petrol and seven sen per litre for diesel. RON95 petrol is currently sold at RM1.80 a litre, RON97 and diesel at RM2.05 and RM1.70 a litre respectively. Shell is the only retailer selling the premium RON 97 Shell V Racing at an unsubsidised price of RM2.38 a litre.

The government has never revealed the tiered fuel subsidy system but went only as far to say that foreigners would not be eligible for subsidised prices. Fuel prices in Malaysia are cheaper than neighbours Indonesia, Singapore and Thailand.

Foreign motorists are only allowed to buy fuel up to 20 litres within 50km of the borders except for the unsubsidised premium Shell V Racing petrol.

“Now the authorities will find another way to implement subsidies without burdening the public and the petrol dealers,” the industry source added.

6 comments:

  1. Hi All

    MCA will do anything to save itself from it's impending political abyss. Right after Gerakan threw in the towel on recapturing Penang from Pakatan Rakyat, the MCA through it's President Ong Tee Keat says that BN will be able to recapture Penang. MCA and Umno don't get the message that Penangites do not want BN anymore. Penangites had enough of the Pondan Koh Tsu Koon enriching the Umnoputras.

    MCA can't even put it's house in order and yet wants to talk about recapturing Penang. It is a classic case of shiok sendiri. The Scribe had asked MCA's Tan Cheng Liang (pic above) to quit MCA if she was a Christian here http://margeemar.blogspot.com/2010/01/christians-must-never-be-made-to.html#links

    Unfortunately, despite being a Christian, the former Jawi Rep still supports the Evil BN/Umno regime which stands not only as an abomination before God but continues to persecute Jesus Christ in it's actions. How can Tan, as a Christian woman support a party that accepts an adulterer (Tiger Chua Soi Lek) as it's leader? But what is really sickening is for Tan Cheng Liang to use a Pastor who sings Gospel Songs in Hokkien to sing at MCA's Chinese New Year Open House with the hope of shoring up public support for MCA and BN when in actual fact MCA's Big Brother in BN, Umno is hell bent on demonizing Christianity.

    Tan Cheng Liang, stop allowing yourself to be prostituted by Ong Tee Keat, MCA and Umno. You are already 'Rewarded' by Umno with the Chairmanship of Penang Port Commission even after you were rejected by the Voters in Jawi. Please accept the fact that the voters of Jawi rejected you and your party. Please don't stoop so low as to prostitute your religion as well to the Evil BN/Umno regime.

    http://margeemar.blogspot.com/2010/02/tan-cheng-liang-you-are-disgrace-to-all.html

    Penang People

    ReplyDelete
  2. BN Govt flip flop again. Cannot think straight.

    evil evil Tan Cheng Liang. Did some one said j4otk is Tan Cheng Liang? Is is true?

    ReplyDelete
  3. Haha. Margeemar's troopers are here too ? That article against Tan Cheng Liang would have entered the bin of any Editor. No facts, only anger, hatred and immature thoughts.

    Religion, regardless of which, always teach us to be loving, caring and understanding. It does not mean we need to close the religious segment of our minds and make it exclusive to fellow believers only.

    The world would be a more beautiful and memorable place to live in if we can all share happy moments together be it in terms of education, religion, business or politics.

    Anyway, justice4otk, the PR folks are out of topics to spin :) The BN leadership now plays the boomerang strategy. Hehe.

    ReplyDelete
  4. Bro Goh

    Haha. Margeemar's troopers are here too ?

    Looks like it, they are posting under Penang People , Penang Mari , etc ..

    This Indian bastard is a nincompoop . He has forgotten his beloved male prostitute who also is the Cheap Minister is also a Christian ...ha ha !

    ReplyDelete
  5. Machougeebai.blogspot.com2/24/2010 07:26:00 PM

    Anonymous said...

    Hi All

    The MCA through it's President Ong Tee Keat says that BN will be able to recapture Penang. MCA will get the message that Penangites do not want DAP anymore. Penangites had enough of the Arogant Lim Guan Eng enriching himself.

    PR can't even put it's house in order and yet wants to talk about holding on to Penang. It is a classic case of shiok sendiri. The Scribe had asked MCA's Tan Cheng Liang (pic above) because she is a Christian and we in PR do not like Christians and Buddhists . We only shiok Hindus and Muslims

    Unfortunately, despite being a Christian, the Cheap minister of Penang still supports hoodwinking and bluffing the people of Penang which stands not only as an abomination before God but continues to persecute Jesus Christ in it's actions. How can LGE as a Christian man support a party that accepts a sodomiser (Anwar bin Ibrahim) as it's leader? But what is really sickening is for LGE to use a Pastor who sings Gospel Songs in Hokkien to sing at Chinese New Year Open House with the hope of shoring up public support for DAP and PR when PAS is hell bent on demonizing Christianity.

    Lim Guan Eng stop allowing yourself to be sodomised by Anwar bin Ibrahim .You are already 'Rewarded' by PR as the Cheap Minister of Penang even after you were rejected by the Voters of Malacca . Please accept the fact that the voters of Malacca rejected you and your party. Please don't stoop so low as to allow yourself to be sodomised by your chief . Please go back to Malacca .

    ReplyDelete
  6. ANON 7.26.....

    It is disgusting and against the ethics thatyou copied the previous postings by others and replace "Tan cheng Liang" with "Lim Guan Eng".

    what a disgrace. J4OTK should not allow suct posting at all.

    Low standard, lower than PARIAH.

    ReplyDelete

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