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Petrol, Sugar, LPG, Diesel Price Increase Again!

saimatkong — Thu, 15 Jul 2010 19:02:28 +0000

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

BMW Efficient Dynamics Drive Day 2 – Final Day

saimatkong — Mon, 28 Dec 2009 15:25:36 +0000

Early in the morning we gathered for bamboo rafting. It was my first time rafting. It’s a good experience. Haha.

After that we have a demo of BMW Bicycle and how clean is the BMW diesel engine (It does not emit dirty smelly exhaust gas).

This BMW Bicycle worth RM19k?! wow. I have tested it, to me it’s just like normal saja except it’s light, hydraulic absorber and the brake is made of disc brake. =)

Then we headed to Indulgence Restaurant and Living at Ipoh again for our lunch before we head back to KL.

Poulet – rosted chicken roulade of spinach, pimiento, crushed peas, crispy onion rings & balsamic jus

Warm round cap with espresso sauce and ice cream

Joy is the satisfaction of traveling more than a 700 kilometeres without having to fuel up! Yup it’s amazing.

At the end of the session we were given a nice and cute thumb drive loaded with photos. It’s really nice!

Not forgetting I won myself RM600 Petronas vouchers! woot! I just need to complete a few questions about Petronas Dynamic Diesel and fuel saving tips.

Here’s my 5 fuel saving tips!
1) Do not carry things that’s not necessary in your car that will make your car heavier.
2) Check your tyre pressure make sure it’s always at the recommended pressure.
3) Do not speed at junction or make emergency break always.
4) Check and service your car as schedule.
5) Use the right petrol that suitable for your car.

Check out what’s other blogger say about this BMW Drive Trip. (sixthseal,tey cindy,eiling,kyspeaks,shaolintiger)

There it ends the whole BMW Drive Trip. I must say it’s the best trip ever! =)

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BMW Efficient Dynamics Drive Day 1 – Part 2

saimatkong — Mon, 21 Dec 2009 16:45:14 +0000

Continue on the BMW drive…

When we reached Belum Resort, Pulau Banting, we were served champagne and some started Camwhoring

Check out Tey Cindy, Cheeserland, Sixthseal, Eiling Camwhore at Belum Resort.

Tey Cindy camwhore using BlackBerry and start twitting.

She was so excited that she camwhore on top of a table! Haha…

Then Cheeserland join in the fun!

Sixthseal & Tey Cindy

Tey Cindy & Eiling

Sixthseal & Eiling

Me & Tey Cindy

Check out Sixthseal tummy! =p

After all the photo taking session and enjoyed the breath taking scenery… We checked in to our own suite. It’s damn nice k!

Then we get to bath and rest awhile before we gathered for Buffet dinner.

Camwhore again before the dinner… This is what blogger normally do lo right?

Sixthseal & KY

KY & Eiling

Me & KYSpeaks – The famous food blogger. Haha.

Me & Sixthseal

Then only proceed to food and drinking time!

There’s so much food and we can’t finish all of them!

The environment was nice and cozy but then there’s a lot of insectss which spoiled everything!!! Hahah but it will not stop us from having fun. Huai Bin went to take Jenga and some of us started to play Jenga and the loser drink!

Jenga Time!

Robb and some was a bit drunk and the worst thing is we need to get up early the next morning for more exciting activities… =)

After the dinner and fun time, went back to my room and to my surprise there’s a lot of gifts from BMW & Petronas! Woo hoo… Portable HDD, Solar Charge, Survival Kits etc. Thanks!

Will be updating the last part and it will be included some of the interview of the bloggers of their experience of the BMW Drive. Stay Tuned!

BMW Efficient Dynamics Drive Day 1 – Part 1

saimatkong — Mon, 14 Dec 2009 16:57:52 +0000

BMW EfficientDynamics is a continuous strategy by BMW for the reduction of fuel consumption and CO2 emission levels, whilst at the same time enhancing the performance and dynamism of their vehicles. After the BMW drive, my perception towards diesel car it’s changed and it’s awesome.

We started our journey from KLCC to Mutiara Damansara Petronas Station. I felt like a VIP and this is probably the only time that there’s a Police Escort me and I’m driving a BMW 5 Series 520d Sports.

We were given each RM40 Petronas Vouchers so that we could stocks our needs in Mutiara Damansara Petronas Station, which was our 1st stop of the journey.

Then there’s a demo and explanation on Petronas Dynamic Diesel by Fazil.

Then we continue our journey to Ipoh and had our lunch at Indulgence. Heard that Indulgence is a very famous fine dining place in Ipoh but I find it ok ok and nothing much to shout about. (Will update more about Ipoh Indulgence later)

Before we had our lunch there’s a Efficient Dynamic Product Training by Heng from BWM.

I learned a lot about diesel in this session and yeah I will consider diesel car now if I’m getting my future car. Then we participated in some of the Q&A and it was a fun session.

1) Diesel car is not dirty, smelly, noisy and pollution anymore.
2) Diesel car is powerful.
3) Diesel car have a long better fuel consumption.
4) Diesel car is easier to maintain.
5) Diesel car is cool!

After a fine dine lunch @ Indulgence Ipoh, we continued our journey to Belum Resort. It was a bit drizzling so we had to drive with caution.

After few hours drive, finally we reached our destination, Belum Resort – Pulau Banding.

There’s a lot more photos and updates to do will be updating soon coz too tired need to ZzZZzZzz… =)

BMW Eco-Blogger Dynamic Efficient Diesel Drive 2009

saimatkong — Tue, 08 Dec 2009 14:51:57 +0000

Okay, I was surprise that I got an invitation to join few other famous bloggers to try out the NEW BMW Efficient Dynamic Diesel Cars. All this while I’ve been driving a local cheapo car of coz I would seize this opportunity to test drive my dream car Beemer wor, haha. Sure would be everyone dream car and wants to own it but I so poor la.

This was a 2 days 1 night journey from KLCC to Belum Resort @ Pulau Banting. Friday night can’t even sleep well coz will be driving BMW and scare la later crash or bang or scratch the car then I will need to pay the price ma so need to be extra careful too =p

So scarified my weekend sleeping time and woke up early in the Saturday morning just to prepared myself for the BMW Drive! Reached KLCC Mandarin Oriental Hotel and parked my car in! Woo hoo and then get to meet other bloggers and Big guys from BMW and Petronas too. Mingled around and enjoyed my healthy breakfast. Get to talk to some other famous bloggers that I have not met before and it’s nice to catch up with them.

Creamy scrambled egg on toasted bagel with chicken ham, Sacllion cream cheese and grilled asparagus

Then there was an introduction and briefing done and some basic information and knowledge being transferred to us so that we could handle the Beemer better. Haha.

Sashi doing a briefing and intro of the Dynamic Efficient Diesel Drive.

This is like F1 and we were assigned to a position, pole position! haha.

Then we head to our own BMW which parked right in front of KLCC. My co-driver is from Gua.com.my and he’s a nice guy. We were assigned to a 5 Series, BMW 520d! We were escort by 2 traffic police all the way to our 1st stop, A cool car to start off the journey.

BMW 5Series 520d Diesel car nice kan? =)

What is Efficient Dynamics? What happened after next? Stay tuned!

Mean while check out the BMW Diesel Drive Teaser Clip =)

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BMW 3 Series & 5 Series Diesel Car Test Drive @ Belum Resort

saimatkong — Sun, 06 Dec 2009 15:12:06 +0000

I was invited to test drive the New BMW Diesel Efficient Dynamics Cars – BWM 320d & BMW 520d for the past two days. The entire journey and experience was really awesome and great! Never had such driving experience before. It’s powered by Petronas Dynamic Diesel. The combination really great and could bring up the optimum performance!

It’s was a two days one night thingy and drive from KLCC (Mandarin Oriental) – Mutiara Damansara – Tanjung Malim – Tapah – Ipoh – Gerik – Pulau Banding (Belum Resort).

Start journey with BWM 520d! Yes it’s a new diesel car and it’s terror!

End journey with BMW 320d! This is another new diesel car but not so terror compared to the big brother 5Series =p

I just love the handling and the speed and it’s really efficient and dynamic! Diesel is way to go. 1 Full tank for the entire trip and still got 100km to go. Talk about fuel consumption? Good? Obviously!

Stay tuned for more updates~ A lot of dramas happened! Still too excited about the trips and tired la. haha.