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Thursday, June 5, 2008

Petrol Price is up again ...

I know .. I might not be the first person to report on the price hike, but yup! it's not just fuel but other things as well...like rice.



PUTRAJAYA: The Government announced yesterday an increase in petrol and diesel prices, stating that it can no longer continue to subsidise fuel.
Prime Minister Datuk Seri Abdullah Ahmad Badawi said the new prices were still at a 30-sen per litre discount from market prices. In other words, if the market
price is RM3 per litre, Malaysians will be charged RM2.70 at the pump. He said
the price would be adjusted monthly based on the global oil price.

Source : the star


Haha .. they just want to sound nice like .."hei other people pay $3 woorr.. you only pay for $2.70, that also want to make noise ahhh?". Well, of course .. it is about 40% hike wooorrr ..And the Goverment said the price of fuel will be reviewed monthly?






The guy above (Who the hell is he? ... ahhh doesn't matter) is trying to show 2 bottle of mineral water ... the difference of how much petrol one can buy with RM1.00 on wednesday & thursday ... See?? so much different kan




So overall the changes are (or more to the price hike...)


Price increase
Petrol – RM0.78/litre
Diesel – RM1/litre

Electricity:
Commercial and industrial – 26%
Retailers and small restaurant operators – 18% (for first 200kWh per month)
Residential – new pricing structure for users above 200kWh per month
(I'm not sure wether this price is only aplicable for west malaysia only)


Prices effective today (per litre)
Petrol – RM2.70 (previously RM1.92)
Diesel – RM2.58 (previously RM1.58)


Rebates
> RM625 per year For private vehicle with engine capacity of 2000cc and below, including private pickup trucks and jeeps with engine capacity of 2500cc and below.
> RM150 per yearFor each private motorcycle with engine capacity of 250cc and below
> RM200 reduction on road tax For private petrol and diesel vehicles with engine capacity above 2000cc
> RM50 reduction on road tax For private motorcycles with engine capacity above 250cc

Streamlined diesel subsidy(for approved transportation companies, vessel owners and fishermen)
> Diesel – RM1.43 per litre (previously RM1 per litre for fishermen and RM1.20 per litre for vessel owners)
> RM200 per month for every owner and employee of Malaysian-owned vessels registered with the Fisheries Department
> 10sen per kilo incentive for every kilogram of fish caught by registered vessels
> 10sen per litre for every litre of diesel used by river transportation operators according to approved quota


Electricity tariff restructure
> Households using 200kWh and below every month will not be affected. This covers 59% of households in Peninsular Malaysia with a monthly bill under RM43.60.
> Commercial and industrial users face 26% increase. Small retail and business outlets consuming under 200kWh per month face 18% increase.
Liquefied Petroleum Gas (LPG) andNatural Gas for Vehicle (NGV)
> No change. Prices remain at RM1.75 per kg (LPG) and RM0.635 per litre (NGV)
Oil palm windfall tax
> For Peninsular Malaysia 15% for every tonne of CPO exceeding RM2,000
> Sabah and Sarawak 7.5% for every tonne of CPO exceeding RM2,000 > Abolition of cess tax
Service tax threshold for restaurants and eateries
> Service tax now for restaurants with annual sales of RM3mil (previously RM500,000)


And the goverment said this is how much the comparison with other country.


p.s I also heard rumours that cooking gas price won't go up for now ...but the home delivery charges may be increased in wake of the fuel price hike .... :(

3 comments:

pixie4bears said...

Gas prices are going up a lot here in America. About $1 in 6 months. But, sometimes I think it is for the best for our planet. Maybe we will start really working on alternatives.

mamafateenz said...

fion...after this have to think twice before change car to the bigger one...ooh..really in dilemma..small car -not enough(since rear seat belt implemented),big car-u have to pay more for fuel...hmm..

Joan D'Arcy said...

mana juga ko dapay gambar nie? hahahaha!