KUALA LUMPUR, Nov 30 – Malaysia is to increase the price of the RON97 petrol blend by 15 sen to RM2.30 per litre from December 1, two sources familiar with the plans said.
A formal announcement will be made later today, one of the sources said.
Malaysia’s government earlier this year cut subsidies on the benchmark RON95 blend, although it baulked at the wide-ranging reforms recommended by a government thinktank, fearing a voter backlash.
The government does not subsidise RON97, which is a higher octane fuel compared to the RON95.
In October, the government said its subsidy spend would be RM24.9 billion in 2011 up from a planned RM23.7 billion in 2010.
Malaysian inflation edged up to 2.0 per cent year-on-year in October, and housing, water, electricity and fuel rose 1.4 per cent from a year ago. Those items account for 21.4 per cent of the CPI basket. – Reuters
No major newspapers in Malaysia have the guts to report this except this was seen in online dailies like The Malaysian Insider and Malaysiakini. Having went out to buy some groceries just now, I observed that many of the people are still in the blue over this thing. In other words, not even a single person or two are aware of such petrol increase. If we are to say that petrol increase, most of them are using the RON 95 thing.
Though some said that RON 95 is still okay to be used and not harmful, it is actually otherwise said. There are some car users whom after some time using RON 95 noticed that on some occasions their cars have internal knocking, and when they revert back to RON 97, it hardly happens at all. One friend of mine called this pricing strategy of pushing people to use RON 95 as the daily government con job. By pushing everyone to use RON 95, there would be any more excuses from the people to whine about, should there be future increases of the essential petrol - not the premium petrol. Actually, there is nothing much to differentiate apart from the burning time factor that's all.
It's a shame that many of us are not aware of this and our local media should be blamed on this for failing to inform the people things that the people should know. Sure, I can see of such possibility that the Home Ministry calling in to the papers, saying "Why are you publishing this" (e.g. question) if they decide to follow suit and release this Reuters news piece? In the end, "SEMUA ORANG KENA KELENTONG LAH!!!"
Macam-macam digunakan untuk menipu orang....!