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Fuel prices to remain for now! Are you sure?

Okay… So our fuel price of RON95 will remain at the same price at RM1.9 / liter for now. The question is the fuel price remain for now and “Now” refer to when? How long will this last and will it be announced the price increasing in Fuel price next month? or next 2 month or next half year?

We have experienced that there’s announcement that Fuel price will not be increase but soon it’s announced again that the price will be increased the next day. So, please don’t increase for now till 2099. Thank you! If not I gonna eat bread and white rice everyday liao.

Another question if the world fuel price drop our fuel price will remain too? =_=

Let’s just watch and see what’s the next upcoming news. Hope it will not get me into heart attack!

Prices of RON95 petrol, diesel and LPG to remain the same: Ismail Sabri

PUTRAJAYA: In a move that will please many Malaysians, the government has decided to maintain the prices of RON95 petrol, diesel and liquefied petroleum gas for the time being.

Domestic Trade, Cooperatives and Consumerism Minister Datuk Seri Ismail Sabri Yaakob said the decision was made after an in-depth discussion on subsidy rationalisation at Wednesday’s weekly cabinet meeting.

“The decision was made taking into consideration the interest of the people,” he told a news conference at his ministry, here Wednesday.

The government would however continue to study the need for subsidy rationalisation in view of the increase in the prices of oil and gas in the global market.

Asked whether there was any discussion on the time frame for the prices to remain, Ismail Sabri said there was no discussion about time frame. The price of RON95 petrol is now RM1.90 per litre and diesel at RM1.80 per litre. LPG is priced at RM1.90 per kg.

The last time the prices for these three items were adjusted was in December last year.

Ismail Sabri said the decision to retain the prices of the three items meant that the government had to bear fuel subsidy totalling RM18bil.

Last year, the fuel subsidy was RM8.15bil. – Bernama

Source : TheStar

Fuel prices to remain for now

PUTRAJAYA: Malaysians need not worry about any new increase in the price of RON95 petrol, diesel and liquefied petroleum gas as the Government has announced that it is keeping the current rate for the time being.

Domestic Trade, Cooperatives and Consumerism Minister Datuk Seri Ismail Sabri Yaakob said the decision was made with the people’s interest in mind.

He also stressed that the Cabinet’s move had nothing to do with talk about a pending general election.

In other developments:

> Economists called for a minimum wage council to protect public interest;

> Barisan Nasional Youth chief Khairy Jamaluddin described it as a people-centric decision; and

> Consumer groups cautioned that government subsidies would eventually have to be phased out gradually.

Source : TheStar

RON95, diesel and LPG will not cost more

PUTRAJAYA: Prices of RON95 petrol, diesel and liquefied petroleum gas (LPG) will remain at the present rates for now.

Domestic Trade, Cooperatives and Consumerism Minister Datuk Seri Ismail Sabri Yaakob said the decision to maintain the prices was in the interest of the people.

He, however, could not specify how long the current prices would be maintained.

“I am sorry, I am not able to say exactly how long for now’ can be.

“It can be for a month, two months perhaps or maybe four months,” he told a press conference yesterday.

RON95 is sold at RM1.90 per litre, diesel at RM1.80 while LPG is priced at RM1.90 per kilogramme. The prices were effective from Dec 4 last year.

The decision to keep the current prices would mean that the subsidies borne by the Government will rise from RM8bil to RM18bil this year.

Ismail Sabri said the decision to maintain the prices was reached at a Cabinet meeting.

“The Government takes into consideration the people’s interest. It has nothing to do with a general election. It also has nothing to do with the so-called pressure from the Opposition and the scary stories that they have cooked up about an impending price hike,” he said.

Ismail Sabri said the public should not be misled by the Opposition’s talk that the Government would increase the petrol price by as much as 30 sen.

“Stop believing them but listen to us as we always ensure that we will take into consideration the welfare of the people before we make any decision,” he said.

However, Ismail Sabri said the Government would continue to study the need for subsidy rationalisation following the increase in the prices of petrol and gas in the global market.

He also said the Government would reduce its subsidy burden by more than RM800mil when the diesel subsidies for deep-sea fishing vessels and nine classes of commercial vehicles were removed on June 1.

Source : TheStar

RON95暫不起價‧電費是否調高明日決定

國內貿易、合作社及消費部長拿督斯里依斯邁沙比利指出，內閣今天議決RON95汽油、柴油及天然氣的價格，在現階段維持不變。（圖：星洲日報）

依斯邁沙比利在出席內閣會議後指出，會議深入討論上述3項物品價格；同時，在衡量各方意見，尤其是考慮到人民的利益與訴求後，做出這項決定。

“不過，政府會繼續依據國際燃油與天然氣價格的走勢，對合理化津貼進行全面研討與探討。”

柴油天然氣價格暫不變

針對RON95、柴油及天然氣的現有價格將維持至何時，他指出，內閣並沒有定下時限。

詢及油價若在下次才調整，會否雙倍調高時，依斯邁說，一切胥視國際燃油與天然氣的走勢。

他也否認國家經濟理事會將在週五的會議上討論燃油津貼的問題。

油價不漲無關大選

針對外傳政府不調整油價是跟下屆大選可能近期舉行有關時，他說，這是兩碼子事。

“我發現在今天的互聯網上，尤其是許多的面子書與部落客發佈了許多反對黨指政府將調高油價20仙，甚至30仙的謠言，這些全是謊話，完全跟事實不符。”

否認反對黨施壓

他也否認內閣作出這項決定是受到反對黨的壓力。

他說，政府在RON95、柴油及天然氣的津貼高達180億令吉。政府這次是為了解決民困才做出不調整油價的決定，依斯邁說，內閣也議決維持C2深海漁船執照的漁船、運載建材等羅里不獲柴油津貼的決定。

他也說，內閣會繼續給予公共交通工具，如學巴、德士等的柴油津貼。

經理會支持才能調電費

陳華貴在主持部門內閣匯報會後說，內閣認為電費的調漲，須獲得國家經濟行動理事會的支持，才能付諸執行。

他否認內閣是基於電費調漲，會為國家經濟帶來衝擊，才在今日展延對電費調漲作出決定。

詢及本週五的會議，是否會決定電費的調漲，他不願正面答覆，僅表示目前只能披露這麼多。

星洲日報‧2011.05.25

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RON 97 price up 5 sen today 2nd November 2010

Aiyoyo… Petrol price up 5 sen again! Petrol price increased again starting from today 2nd Novemeber! The price was adjusted on this year July which is only few months ago!

Luckily it’s only RON 97 increased 5sen and RON 95 remain RM1.85 but I supposed the price of RON 95 will be adjusted soon… Please don’t increase again! Too poor for petrol d!

So other thing will follow to shoot up the price except our salary, when only will get increment and bonus?? how to survive like that?? =(

So RON 97 Petrol Price increase only can pump RON 95 if not take public transport or car pool lo?

KUALA LUMPUR, Nov 1 – Petrol dealers said today they will raise the price of the premium grade RON 97 fuel by 5 sen or 2.4 per cent to RM2.15 ringgit a litre tomorrow.

“RON 97 has not been subsidised by the government and since world oil prices have gone up, the petrol price gets adjusted,” Hashim Othman, president of the Petroleum Dealers Association of Malaysia, told Reuters.

The increase, which will not affect the more commonly used RON 95 fuel, is part of subsidy cuts that the government had earlier announced to rein in its budget deficit. — Reuters

Source : TheMalaysianInsider

（吉隆坡1日訊）RON97油價將從明日（2日）起調漲5仙。

貿消部副部長拿督陳蓮花今晚向《星洲日報》證實，貿消部剛接到財政部的信函，即RON97油價將從現有的2令吉10仙，調漲至2令吉15仙。

不過，她說，這項調整僅涉及RON 97，RON95不受影響，而這次調整是根據市場價格浮動而作出，並且將會每個月檢討一次。

Source : SinChew-I

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Petrol, Sugar, LPG, Diesel Price Increase Again!

It’s the time again! Petrol and Sugar price increased again! So other thing will follow to shoot up the price except our salary, how to survive like that?? =(

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. It will be subjected to a managed float, where the price will be determined by the automatic pricing mechanism. The question is, petrol price increase other price follow but when the petrol price decrease or reduce, the other price will not go down and it will not float but only up! That’s the worst case!

I just went to pump and it’s RM1.85 now! =( but luckily only 5sen but it’s still my hard earn money!

Before Fuel Price Increased : 33.31 Liter for RM60
After Fuel Price Increased : 32.43 Liter for RM60

So in conclusion, each RM60 pump will rugi 0.88 liter, if pump full tank will rugi 1.2 liter which will translate to 1.2 * RM1.85, so each full tank I gonna pay more RM2.22

Before if you pump RM80 which will translate to 44.444 liters
Now if you pump RM80 which will translate to 43.243 liters

So you will only rugi 1.2 liters which will translate to RM2.22! Wow. How much will you rugi? So I cannot have my nasi lemak + teh tarik for breakfast anymore… =(

Prices of sugar, petrol, LPG, diesel to go up Friday

Subsidy removed for RON 97 petrol

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.

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. It will be subjected to a managed float, where the price will be determined by the automatic pricing mechanism, the statement said.

The details of these changes are now available on the PMO and PEMANDU websites, at: www.pmo.gov.my and www.pemandu.gov.my.

On May 27, Minister in the Prime Minister’s Department Datuk Seri Idris Jala had said that Malaysia would be bankrupt by 2019 if it did not cut subsidies and rein in borrowings.

He had said that Malaysia’s debt would rise to 100% of GDP by 2019 from the current 54% if it did not cut subsidies.

Meanwhile, In ALOR SETAR, Prime Minister Datuk Seri Najib Tun Razak said that when implementing the subsidy rationalisation plan, the Government would seek not to burden the people.

He said the rationalisation move was necessary to reduce Government expenditure and strengthen the financial position of the country.

“It will help reduce the fiscal deficit so that world and local markets will have more confidence in the national economy,” he told newsmen after opening the Kuala Kedah Umno division meeting here on Thursday.

He added that the Government was reviewing all types of subsidies.

The full press statement from the Prime Minister’s office is below:

1. To help Malaysia maintain the strong growth it has achieved, the Government has implemented difficult but long-needed economic reforms that will help Malaysia become a developed and high-income nation. In this regard, the Government has begun a planned and fair reform of a subsidy regime that for too long has been ineffective in helping those who need it most and, over time, has become a barrier to Malaysia’s progress.

2. The Government has made bold economic decisions over the past two years. Two stimulus packages were introduced, promoting growth, even as the global financial crisis spread. Important sectors of our economy further liberalised were opened to new investment.

The Government cut spending by RM24 billion, by reducing waste and inefficiency. As a result, the country’s economy has been reinvigorated, with 10.1% growth in the first quarter of 2010, Malaysia’s best performance in a decade. Although there is still instability in the global economy, Malaysia is well positioned for the future – not by chance, but by the choices we have made together.

3. As set out by the Prime Minister when he announced the 10th Malaysia Plan, Malaysia’s national goals cannot be achieved by simply managing through a crisis. Malaysia’s ambition is to be a high-income nation, with opportunity for all.

4. In the New Economic Model, the Prime Minister set out plans for further investment in key strategic sectors, upgrading our infrastructure, creating additional private sector investment opportunities and realizing higher levels of GDP growth.

However, growth alone will not allow us to meet our goals. As the Government has consistently said over recent months, we must also implement subsidy reforms that will remove distortions in the marketplace and enable us to better target our resources on those most in need, and on investments that will provide lasting benefits for Malaysians.

5. With these priorities in mind, the Cabinet has decided that, effective 16 July 2010, subsidies for fuel, specifically petrol, diesel and liquefied petroleum gas (LPG), as well as sugar, will be reduced as the first step of a gradual subsidy rationalisation programme.

Subsidies for RON 95 and diesel will be reduced by 5 sen per liter. LPG will be reduced by 10 sen per kilogram. RON 97 will no longer be subsidised. It will be subjected to a managed float, where the price will be determined by the automatic pricing mechanism. For sugar, the upward price adjustment will be 25 sen per kilogram. The details of these changes are now available on the PMO and PEMANDU websites, at: www.pmo.gov.my and www.pemandu.gov.my

6. These minimal changes will help Malaysia achieve a position of fiscal responsibility and put us on a path toward reducing our deficit. To meet these objectives, we have chosen to make adjustments to our subsidies. Even after these changes, the Government will still spend an estimated RM 7.82 billion on fuel and sugar subsidies in 2010. The prices of fuel and sugar in Malaysia will still be among the lowest in the region.

7. This subsidy rationalisation will, according to estimates, allow Malaysia to reduce Government expenditure by more than RM 750 million in 2010.

8. The decision to reduce subsidies for fuel and sugar is based on the fact that reducing fuel subsidies will have the greatest impact on government spending and reducing sugar subsidies will allow us to promote healthier lifestyles. The decision is also grounded on three main concerns:

a. First, these subsidies also benefit foreigners and wealthier Malaysians, who can well afford to pay unsubsidised prices. Our focus should be on helping the family sharing a motorcycle or Kancil to get to work and school, but instead our spending on subsidies has provided the same benefits to those driving imported luxury cars.

The sugar subsidy disproportionately benefits industries, not families. Businesses have been using almost twice as much subsidised sugar as Malaysian households.

b. Second, highly subsidised prices often lead to illegal smuggling of these goods. Because subsidies make these products the cheapest in the region, in 2009 alone smugglers were caught heading out of Malaysia with more than 200 metric tonnes of sugar to be sold across borders.

Also, subsidised diesel continues to go to the black market or across our borders, instead of to those we meant to assist. Law enforcement have been doing their best to prevent smuggling, with 109 sugar related arrests last year. This is the tip of the iceberg. As long as there are big price differences, smuggling will continue. And:

c. Third, unless we reduce our consumption of fuel and sugar, we face potentially serious consequences as a nation. We are quickly depleting our domestic fuel resources. It is vital that we rationalise our fuel use – as well as develop new energy technologies – as a matter of economic, energy and national security.

In this regard, we have implemented a number of policies to protect the environment. We must also reduce our sugar consumption. 40 percent of Malaysians are now either overweight or obese.

Incidents of diabetes are rising quickly. Statistics show that the percentage of Malaysians with diabetes now exceeds that in the United States. We must, as a matter of urgency, take every step available to tackle what is clearly a public health issue for our nation. Reducing sugar consumption, among our children in particular, is a step in the right direction.

9. These are among the reasons why the Government has chosen to focus on sugar and fuel subsidies. Subsidies for education and health care will continue. These are areas of importance for our economy and our society where the Government should be investing.

These include, providing support to develop skills, training the knowledge based workforce of the future and improving the well-being of the nation.

10. The Government arrived at this decision following robust consultations with the people. Thousands of Malaysians participated in the policy labs, Open Day and an unprecedented public feedback process.

As with subsidy reform, the budget, the Government Transformation Program and now the National Key Economic Areas, the Government has made a determined effort to engage the public, listen and learn, and then act in the best interest of the nation.

11. These measures are designed to have a minimal impact on individual families, but long-term benefits for the nation. The reduction in expenditure from these reforms will allow us to better use resources for families, communities and business growth.

Measures such as the 1Malaysia clinics, the 1Malaysia mobile clinics, as well as the scholarships for all 9A+ and deserving students, specifically those who have done well, but come from lower income families, are made possible by such reforms.

Similarly, by reducing expenditure on subsidies we will be able to continue strengthening such initiatives as the price standardisation project, which seeks to harmonise prices of essential goods between urban and rural areas in Sabah and Sarawak.

12. The Government has made a difficult, but bold decision. By choosing to implement these modest subsidy reforms, we have taken a crucial step in the right direction towards meeting our commitment to reduce the fiscal deficit, without overburdening the Malaysian people.

These measures are a demonstration of our fiscal responsibility. They will enhance Malaysia’s financial stability, while also protecting the Rakyat.

Prime Minister’s Office
Putrajaya
15 July 2010

Source : TheStar

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Tiered fuel plan scrapped vs Fuel prices set to rise

Okie… Confirmed tiered fuel plan scrapped but now what? “Fuel prices set to rise…” for all the CC no matter you driving 800cc Kancil or or aboce 2.0cc cars… It’s no different, this is because it’s set to rise 10 sen.

Will it affect our roti canai, teh tarik, mamak or kopitiam price again? Please do not do that… Petrol price increased, they increase the roti price but when petrol price reduce the increased price will not be decreased… It’s not fair right? =(

So you will see more cars queuing up at petrol station waiting for get their tank full on 30th April, before 1st of May and less car on the road the next day due to the fuel price increased. and there will not be any jam after the fuel price increase? It’s like previously, just less car for 1 week then the jam will be back!

We need the subsidy.

Tiered fuel plan scrapped; Govt will not increase price for now

By MAZWIN NIK ANIS

Tiered fuel plan officially scrapped

PUTRAJAYA: The Government has officially scrapped its plan to introduce the two-tiered restructuring of fuel subsidy following negative feedback from the public.

Domestic Trade, Co-operatives and Con­sumerism Minister Datuk Seri Ismail Sabri Yaakob said the decision was taken because the Government did not want such an important policy devoid of public support or acceptance.

“Prime Minister Datuk Seri Najib Tun Razak has stated that this is the people’s Government and it is open to views. Today, the Government has proven that we are not rhetoric and we truly hold on to our words.

“We have heard the people’s voices and now we have proven that we are willing to scrap the plan because the rakyat do not want it,” he told reporters here yesterday.

Ismail Sabri said the price of fuel would remain the same for now as “there was no directive to announce any hike”.

“I don’t know when that will happen but the public must remember that fuel price fluctuates.

“Foreigners can still purchase fuel according to petrol pump price. But the policy governing the sale of petrol to foreign-registered vehicles at border areas remains,” he said, adding that the ministry would be proposing to the Cabinet another “policy for foreigners”.

Foreign-registered vehicles are only allowed to pump a maximum of 20 litres at petrol stations within 50km radius from the border.

Ismail Sabri said the Government was subsidising nine sen more now in addition to the 30 sen it was already forking out for every litre of RON95 due to the commodity price increase.

Last year, the Government forked out RM3.4bil to subsidise petrol and RM1.9bil for diesel.

The plan, originally set to be implemented on May 1, was to introduce a two-tiered pricing system for petrol based on engine capacity while foreigners would have to pay the market price.

It called for the mandatory use of MyKad to differentiate Malaysians from foreigners, requiring the need for MyKad readers at petrol stations.

Ismail Sabri also said that a subsidy rationalisation laboratory headed by Minister in the Prime Minister’s Department Datuk Seri Idris Jala was studying the implementation of government subsidies.

Source : TheStar

Fuel prices set to rise

By DANNY YAP

PETALING JAYA: The Government is likely to revert to slight increases in fuel prices over time now that it has been officially announced that the proposed two-tier fuel subsidy scheme based on vehicle engine capacity has been scrapped, analyst and economists say.

The proposed fuel subsidy scheme was originally set to be implemented on May 1.

Maybank Investment Bank analyst Mohd Khair Mirza said: “We may see an increase of about 10 sen in petrol prices post May 1.” He added that it was the only viable option for the moment unless the Government came out with a better fuel subsidy scheme.

Mohd Khair said the two-tier fuel subsidy scheme proposed in theory appeared good on paper but issues such as implementation and enforcement were questionable.

He said: “At least with the slight increase in fuel prices over time it is applied across the board and the Government is able to close the gap on the fuel subsidy which remains unsustainable.”

Mohd Khair said that based on US$80 per barrel of crude oil, the Government was currently subsidising fuel at the pump at around 40 sen per litre.

An economist from a rating agency said although the proposed two-tier fuel subsidy scheme has been scrapped, it should not deter the Government from continuing to look for other schemes that were more practical and viable.

He said a viable scheme should meet two objectives – ensure the hardcore poor are not badly affected and address the fuel subsidy.

A local economist from a broking house said the Government’s decision to scrap the proposed two-tier fuel subsidy scheme based on vehicle engine capacity came as no surprise.

“We figured it (scrapping of the scheme) would happen. There was a lot of talk that the subsidy scheme was not practical, despite a lot of effort by the Government to implement it,” he said.

The economist believed some individuals were waiting to exploit the scheme (if implemented) thinking they could benefit from the scheme.

“Thankfully the Government realised the proposed subsidy scheme was not foolproof and decided to scrap it,” he said.

Source : TheStar

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Do you pump Petrol Fuel Ron95 or Ron97? Price Increased

Shell New Ron95

Unleaded Ron95 Fuel

Wira 1.3, Unleaded only. So meaning my car can pump Ron95 but I have tried it feel like my car not enough power and the steering keep vibrating. Hmm not really sure whether it’s my car only or what. Sigh. It’s time to modified my car? Change extractor? Bigger Exhaust Pipe?

Should be pumping Ron97 for the last time as the price is gonna hike up to RM2.05 wow. Moreover, it’s now premium petrol. I can’t afford a premium thingy.

Ron95 and Ron97 in Mobil Station.

Ron95 and Ron97 pump in Shell Station.

Ron95 and V-Power pump in Shell Station.

It’s not easy to find Ron97 in Shell now. Some petrol station only have V-Power and Ron95 only, which is Taman Sea and Kayu Ara Shell Station, if you want to get Ron97, go to Bandar Utama Shell Station.

Ron95 – RM1.75 till today (Merdeka day 31st August) and after that will be increased RM1.80

Ron97 – RM1.80 till today (Merdeka day 31st August) and after that will be increased to RM2.05

It’s RM0.25 different between Ron95 and Ron97, if normally you pump 35-40 liter it will be RM8.75 – RM10 different.

Which one will you choose to pump? Ron95 or Ron97? Will it affecting you?

Price of RON 95 at RM1.80 from Tuesday

KUALA LUMPUR: The newly introduced RON 95 fuel is now priced at RM1.80 – five sen higher than the previous RM1.75.

Meanwhile, RON 97 is upgraded as a premium product and has gone up to RM2.05 from RM1.80.

Domestic Trade, Cooperative and Consumerism Minister Datuk Seri Ismail Sabri Yaakob said the new prices were decided based on the current method of Automatic Pricing Mechanism (APM).

“Although the price is now 5 sen higher, the Government is still subsidising 33.81 sen per litre (of RON 95) which is equivalent to RM304mil monthly,” he told reporters after the launch of Primax 95 by Petronas here on Monday.

Currently, the Government is subsidising RON 97 by 42.72 sen per litre.

The cost for RON 95 went up 102% from USD$ 40.75 per barrel to USD$ 82.30 in December last year and August respectively.

“If there is any changes in the global prices, we would revise it accordingly. It is up to the Economic Council to decide.

“RON 95 also adheres to the EURO2M specification where it can lessen pollution,” said Ismail Sabri, adding that consumers would get quality petroleum at a subsidised price.

With the new pricing, Ismail Sabri added that RON 92 was phased out from the market as the usage was only 5% from total petrol sale in the country.

In April last year, then Domestic Trade and Consumer Affairs Minister Datuk Shahrir Samad said the Government was considering the use of petrol with higher research octane number (RON) to reduce fuel subsidies without hurting the lower-and-medium income groups.

A higher octane number means higher resistance to engine “knocking”. “Knocking” could possibly damage the engine over time.

Petrol Dealers Association of Malaysia president Datuk Hashim Othman said petrol stations could easily recalibrate their pumps to adjust to the new price.

“With technology, all you need to do is push some buttons. It is almost automatic in most stations now, except for a few in the rural areas which are still using the manual system,” he told The Star.

He added that petrol dealers would make a slight gain with the price increase as they had bought their current stock at the old price.

“It is only a little as the price increase is small,” he said.

Source : TheStar

Posted in Automotive, Blog, News | 11 Comments »

My car reach 100k wooh – lebih kilometer dengan Proton Wira

It’s almost 8 years since I get to drive this Proton Wira. Now it’s already more than 100,000 km. I snap some historical moment when it hit 99,999 km. Haha. One hand driving and another hand hold a Canon 30D DSLR to shoot it. Don’t want to miss the chance of it. How much is my car worth now? Anyone want to buy a second hand Proton Wira? =)

Can this Proton Wira 1.3 pump the lower grade of petrol RON95 as RON97 will be graded as premium petrol this September and increasing the price to RM2 which I could barely afford. I hear some ppl told me that some old car could not support this RON95 if want to use it will damage the engine? Any expert in car could confirm this?

My 8 years Proton Wira 1.3 Manual. =)

99,999 km

99,999 km turning to 100,000 km

100,000 km

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RON97, Premium Petrol increasing to RM2 / L with the intro of RON95 selling at RM1.75 / L

Aiyorr… Why la? Increasing petrol price again this September, a lot more burden for me as I need to travel to Cyberjaya daily =(

RON97 ain’t any premium ler. The problem is can my old car support this RON95 without damaging the engine?

Petrol price: RON97 to cost 20sen more

PUTRAJAYA: The RON97 petrol will be sold at RM2 per liter effective Sept 1, which is 20 sen more than its current selling price once RON95 is available nationwide.

The RON97 will be sold as a premium petrol product while RON92, the cheapest petrol currently available, will be removed from the market.

The RON95 – to be sold at RM1.75 – would be available to consumers in stages effective Wednesday and all petrol stations nationwide would sell the product by Sept 1, said Domestic Trade and Consumer Affairs Minister Datuk Seri Ismail Sabri Yaakob.

“By Sept 1, RON97 will be the alternative petrol and a premium product.

Instead, the RON95 petrol will be the choice petrol for consumers and be rest assured, the product is of high quality and is good enough to be filled into even luxury and high-powered cars,” he said.

Ismail Sabri was speaking to reporters after the soft-launch of RON95 petrol here yesterday.

Prime Minister Datuk Seri Najib Tun Razak is expected to launch the nationwide sale of the petrol in September.

Ismail Sabri said the decision to phase out the RM1.70 per liter RON92 would not affect consumers as statistics show that only 5% to 10% of vehicle owners use the petrol, adding by paying only 5 sen a liter more, consumers would get to enjoy better quality petrol.

“I am pleased that petrol companies and the automotive industry players are supportive of the idea of having RON95 in the market.

What we provide for our consumers is much better than what is being enjoyed by others including those the United States, Japan and Europe,” he added.

He said at RM1.75 per litre, the government has to fork out 3 sen in subsidy for RON95 while a subsidy of 6 sen is paid for every liter of RON97, adding it could not be determined yet if there would be revenue for the government when RON97 be sold at RM2 as it all depend of the global petrol price.

“If it (petrol price) remains low, we can enjoy a bit of revenue but if it goes up higher, we have to subsidise more because the government has already pre-determined the selling price,” he said.

Ismail Sabri said the government, through his ministry has implemented various programmes to help the rakyat cushion the effect of an inrease in cost of living, including allocating RM812 million to kick off projects such as distribution of essential goods such as rice, cooking oil, sugar, flour and liquified petroleum gas (LPG).

Source : TheStar

RON97 to cost more from September

PUTRAJAYA: The RON97 petrol will be sold at RM2 per litre effective Sept 1, which is 20 sen more than its current selling price once the RON95 version is available nationwide.

The RON97 will be sold as a premium petrol product while RON92, the cheapest petrol currently available, will be removed from the market.

Domestic Trade and Consumer Affairs Minister Datuk Seri Ismail Sabri Yaakob said that RON95, to be sold at RM1.75, would be available to consumers in stages effective today and all petrol stations nationwide would sell the product by Sept 1.

Choice fuel: Petronas Dagangan’s Sabariah Mahjar filling up with RON95 at the soft launch of the petrol in Putrajaya yesterday. — Bernama

“By Sept 1, RON97 will be the alternative petrol and a premium product. Instead, the RON95 petrol will be the choice petrol for consumers and rest assured, the product is of high quality and is good enough to be filled in even luxury and high-powered cars,” he told reporters after the soft launch of RON95 here yesterday.

Prime Minister Datuk Seri Najib Tun Razak is expected to launch the nationwide sale of the petrol in September.

Ismail Sabri said the decision to phase out RON92 would not affect consumers as statistics show that only 5% to 10% of vehicle owners use the petrol, adding that by paying only five sen more for a litre, consumers would get to enjoy better quality petrol.

He said that at RM1.75 per litre, the Government has to fork out three sen in subsidy for RON95 while a subsidy of six sen is paid for every litre of RON97, adding that it could not be determined yet if there would be revenue for the Government when RON97 is sold at RM2 as it depended on the global petrol price.

He said the Government, through his ministry, has implemented various programmes to help the public cushion the effect of an increase in the cost of living, including allocating RM812mil for projects such as distribution of essential goods including rice, cooking oil, sugar, flour and liquified petroleum gas.

Source : TheStar

RON95 to be priced 25 sen cheaper than RON97

PUTRAJAYA: RON95 petrol will be priced at RM1.75 per litre, five sen cheaper than the RON97 available now.

When the RON95 petrol is introduced from Sept 1, RON97 petrol will cost RM2 per litre.

Domestic Trade and Consumer Affairs Minister Datuk Seri Ismail Sabri Yaakob said the fact that RON97 will be at a higher price has raised concern among the public but what most did not understand was that RON95 would become the grade of petrol that everyone would use.

“For many, even luxury and high-powered cars, RON95 is good enough. Malaysian consumers are currently using petrol which is of higher quality that what consumers get in other countries,” he said.

“And the best thing is, RON95 petrol, which is almost similar in quality to RON97, is cheaper. Meaning, consumers will be paying less for good quality fuel compared to now.

“The public should not be worried about the higher price of RON97 because it will become an alternative product,” Ismail Sabri said after chairing his ministry’s post-Cabinet meeting yesterday.

Ismail Sabri said the RON97 petrol would join the league of other premium petrol products available in the market.

On another matter, the minister said that a committee to look into the price of chicken would be set up next week, which would comprise members representing breeders, wholesalers, retailers and consumers.

“The committee will determine whether there is justification to increase the price of chicken and the quantum of the increase,” he said.

Source : TheStar

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Petrol, diesel prices: Another 10 sen cut

Another 10 sen cut in Petrol Price!

View previous post on petrol / fuel price

Petrol, Diesel Prices Down 10 Sen Tomorrow, 7th Reduction Since August

KUALA LUMPUR, Dec 15 (Bernama) — Petrol and diesel prices have been reduced by 10 sen a litre from Tuesday.

In announcing the reduction today, Prime Minister Datuk Seri Abdullah Ahmad Badawi said the RON97 petrol will be sold at RM1.80 a litre from RM1.90 and RON92 petrol at RM1.70 from RM1.80.

Diesel will be sold at RM1.70 a litre from RM1.80, he said in a statement today.

This is the seventh time the government has lowered fuel prices since August. The last revision was on Dec 3.

The fuel price cut was in tandem with the dwindling crude oil price in the world market.

Also effective tomorrow, the price of subsidised petrol and diesel for fishermen has been slashed by 13 sen a litre to RM1.30 from RM1.43, he added.

– BERNAMA

Petrol, diesel prices: Another 10 sen cut

Petrol and diesel prices will be reduced by another 10 sen per litre effective tomorrow, announced the government today.
- Petrol now RM1.80 per litre
- Seventh reduction since Aug

Source : Malaysiakini

汽油柴油價16日再降10仙

汽油及柴油價格從週二起（12月16日）每公升再調低10仙。（圖：星洲日報）

（吉隆坡）政府於今日（週一，12月15日）宣佈汽油及柴油價格從週二起（16日）每公升再調低10仙，即無鉛97汽油從1令吉90仙降至1令吉80仙，而柴油則從1令吉80仙降至1令吉70仙。

首相拿督斯里阿都拉在文告中指出，無鉛汽油92則從每公升1令吉80仙降至1令吉70仙。

調整油價後，意味著已比今年6月5日起76仙前的1令吉92仙還要低12仙。此次的調整也是今年8月23日以來的第7次油價下調。

Source : SinChew-I

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Petrol price cut in Malaysia : Another 10 sen cut to RM1.90

Hurray another 10sen cut in our Petrol / Fuel Price! Drop more pls!

View previous post on petrol / fuel price

Fuel prices down another 10sen

PETALING JAYA: The retail price of petrol and diesel will go down another 10sen effective Wednesday.

The new price of RON97 petrol would be RM1.90 per litre down from RM2.00, while RON92 petrol and diesel would be down to RM1.80 from RM1.90 per litre, Prime Minister Datuk Seri Abdullah Ahmad Badawi said in a statement released at about 5pm on Tuesday.

“As the world fuel price has had a sharp decrease lately, the Government has decided to once again reduce the retail price for the public’s benefit,” he said.

This is the fifth time petrol and diesel prices had been reduced since Malaysian petrol retail prices hit a high of RM2.70 per litre in June.

Petrol price cut in Malaysia

Malaysia on Tuesday cut petrol prices by five percent, bringing pump prices down to 1.90 ringgit (0.52 dollars) per litre amid easing global crude prices.

Prime Minister Abdullah Ahmad Badawisaid said the 10 sen cut would be effective on Wednesday with diesel also reduced by 10 sen to 1.80 ringgit per litre.

“As the price of oil has visibly dropped, the government has again made a decision to reduce retail prices so that the public can benefit,” he said in a statement.

It is the sixth fuel price cut the government has announced since June’s 41 percent hike on the back of soaring crude costs, which sparked angry street protests and calls for the premier to resign.

The previous cut, by 15 sen, was just over two weeks ago.

June’s hike saw inflation soar, with the August price index reaching a 26-year high of 8.5 percent, also driven by the escalating cost of food and transportation.

Inflation has since eased at 7.6 percent in October as fuel prices dropped.
AFP

Source : MSN

Petrol prices: Another 10 sen cut to RM1.90

The government has cut petrol prices by another 5 percent, bringing pump prices down by 10 sen per litre as global crude prices continued to ease.
- RON92, diesel now RM1.80 per litre
- Sixth reduction since August

Source : MalaysiaKini

汽油柴油3日再降10仙

汽油柴油3日再降10仙。（圖：星洲日報）

（吉隆坡）政府今日（週二，12月2日）宣佈汽油及柴油價格從明日起（3日）每公升再調低10仙，即無鉛97汽油從2令吉降至1令吉90仙，而柴油則1令吉90仙降至1令吉80仙。

首相拿督斯里阿都拉在文告中指出，無鉛汽油92則從每公升1令吉90仙，降至1令吉80仙。

調整油價後，意味著已較它在今年6月5日起76仙前的1令吉92仙還要低。

此次的調整也是今年8月23日以來的第6次油價下調。

阿都拉說，由於國際油價近來大幅下跌，政府決定再次調低，以讓人民受惠。

Source : SinChew-I

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Malaysia considers dumping petrol subsidy scheme and we have no more petrol subsidy?!?

What??! We are not getting subsidy from our Malaysia Government anymore and we are the one who subsidising the Malaysia Government? In actual fact we should be paying RM1.62 or RM1.70 per liter? What say you and what’s your reaction?

How could it be?

Malaysia considers dumping petrol subsidy scheme

Malaysia is not currently subsiding petrol and may dump its subsidy scheme altogether, despite major protests earlier this year over spiralling pump prices, a minister said Tuesday.

The government on Tuesday cut pump prices by seven percent to 2.00 ringgit (0.56 dollars) per litre as global crude prices continued to ease. The price of diesel was also reduced by 15 sen to 1.90 ringgit per litre.

“We have stopped subsidising petrol from the time when the pump prices were cut to 2.00 ringgit per litre,” Domestic Trade and Consumer Affairs Minister Shahrir Samad told AFP.

He said that at current prices, the government is making about 30 sen per litre.

“At about 60 dollars per barrel we are already making money,” he said.

Shahrir said the government was still handing out direct subsidies in the form of cash rebates for motorists of 625 ringgit per year and that diesel and liquefied petroleum gas (LPG) were still being subsidised.

“The rebate system is still being enforced… but it will runs its course until March next year before we either stop it or implement a new system,” he said.

Tuesday’s cut was the fifth the government has announced since a 41 percent hike in June as the price of crude soared, sparking angry street protests and calls for Prime Minister Abdullah Ahmad Badawi to resign.

Shahrir said the government will decide by the end of the month if subsidies will be reinstated if crude oil prices go up again. It will consider setting a floor price of 1.92 ringgit per litre.

“I would be happy to have a floor price of 1.92 ringgit. This would allow the government to earn some revenue and it is also easier to manage the price,” he said.

“It is also a better option because we can use the savings for development or to reduce the deficit.”

The government earlier this month announced a 7.0 billion ringgit (2.0 billion dollar) stimulus programme — reaped from savings on reduced oil subsidies — to boost the economy amid the global slowdown.

But the additional spending saw the government widen its budget deficit forecast for 2009 to 4.8 percent, from 3.6 percent predicted in August.

Source : MSN

‘Reveal fuel price mechanism’

Hafiz Yatim | Nov 19, 08 2:17pm
The revelation by Domestic Trade and Consumer Affairs Minister Shahrir Abdul Samad yesterday that the government has stopped subsidising fuel since early this month raises more questions than answers.
- Consumers subsidising the government
- Engage stakeholders before policy shift

Source : MalaysiaKini

Consumers already paying more than full cost
Nov 19, 08 11:33pm
The government may dump its petrol subsidy scheme altogether as consumers are already paying more than the full cost at the pumps at current price level.
- Consumers pay gov’t 30 sen per litre
- Lim: Actual price should be RM1.62

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