" 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 new Toyota Camry 2.4 litre engine will cost around RM 65,000.00." he said.
The mechanicsm 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 inthe 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."
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 new Toyota Camry 2.4 litre engine will cost around RM 65,000.00." he said.
The mechanicsm 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 inthe 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."
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This is like a repeat of 2008's incident just even more absurd. Not only fuel will go up. food, necessities, and the lot will also go up. Seriously, its fucking expensive to even go out and have a decent meal nowadays. I guess they are doing this cause they wanna squander off more $$$$$$$ before leaving the stage. Chicken rice will balloon to RM7.50 for regular plates, Teh Ais will sky rocket to RM2.50 per cup. Best of all.......our wages never go up.
Such a sad thing....what has our country come to?
You know, we are the only damn country is this whole wide world that discriminates cars to fuel. We as tax payers should be entitled to get the same priced fuel regardless of what car we drive. Should we be discriminated against our choice of cars?
To make matters worse, this is such a big blow to foreigners and middle income groups alike that FDI in our country is going to dry up so fast its not funny. And not only that, we will be listed all over the world in travel guides as:
"Travellers advisory: Malaysia controls its petrol prices according to your nationality, so please be aware that you may or may not be able to get petrol anyway if you rent or buy a car if you are not able to be verified by the 'reliable' computer systems. Malaysia uses the MyKad system to judge whether one is fit or unfit for automobile juice."
Sooner or later.....God forbid, that petrol will be controlled by the colour of our skin! For fucks sake people please realise that our beloved country is turning into a shithole and our economy is going down the drain with these retarded quarter-baked plans.
Indonesia has already overtaken us in wooing FDI, Vietnam is growing rapidly, Singapore continues to be the main hub for South East Asia - so where does this leave our country which still argues over simple matters like word usage?
1 comment:
if i could sell home-made pineapple juice and make a long term living out of it that would be nice.....
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