I don’t know how this going to be implemented, lets wait for the details. Hope we will not end up paying petrol price without any subsidy.

PETALING JAYA: The bigger your car, the more you will have to pay for petrol from May 1.

This is because the Government is going to change the way fuel is subsidised.

It is planning for a fuel pricing mechanism that will ensure only targeted groups, particularly those from the lower-income, will receive fuel subsidy.

Also, foreigners who drive into the country to fill up their tanks will not be eligible for subsidy and will have to pay more for fuel.

“The bigger the engine, the higher petrol will cost,” Domestic Trade, Cooperatives and Consumerism Minister Datuk Seri Ismail Sabri Yaakob said yesterday.

The move was based on the assumption that those in the lower income group would normally drive a car with a lower engine capacity and thus be eligible for the subsidy, he said.

“For RON95 petrol, the subsidy is 30 sen per litre. The current price of RON95 petrol is RM1.80 compared with the actual price of RM2.10.

“Malaysians who are not eligible are those who drive a higher engine capacity car or non-Malaysians. They will have to pay RM2.10 or more for RON95,” he told a press conference after launching the new corporate identity of the F&N soft drinks division here yesterday.

Besides introducing the new structure, the ministry also plans to make the use of MyKad compulsory when buying petrol.

“There are some Thai nationals who drive into Malaysia to fill up their tank because petrol is such an expensive commodity in their country,” he said.

In Muar. Deputy Prime Minister Tan Sri Muhyiddin Yassin said the Government was in the final stages of drafting a policy on the fuel subsidy which will be a “win-win situation” for both the Government and the people.

He said that the new policy would identify people who were eligible for subsidy.

Umno Youth chief Khairy Jamaluddin had previously broached the subject about giving petrol subsidy to the right people. He said the subsidy must reach only the people who needed it most and giving subsidy across the board was a misallocation of funds.

On the subsidies for flour, sugar and gas, Ismail said they would be retained.

“Although the price for sugar has been increased by 20 sen, the Government is still providing subsidy for the commodity,” he said.

Ismail food outlet operators should not take advantage of the increase in sugar price to mark up the price of their products.

“Food outlet operators should not regard this as an opportunity to raise prices,” he said.

Via : The Star

Popularity: 1% [?]

We not got new petrol grade today. No more RON92 in the market but only RON95 and RON97. In April last year, the 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.

RONS95 is met EURO2M specification, which is less polluting. With this new RON95 in the market, RON92 has been phased out as its usage was only 5% of the total petrol sales in the country.

The new price for our petrol is as follows :

• RON95 : RM1.80
• RON97 : RM2.05 (upgraded as a premium product)

Domestic Trade, Co-operative and Consu-merism Minister Datuk Seri Ismail Sabri Yaakob said the new prices were decided based on the current automatic pricing mechanism and the government subsidising 33.81 sen per litre (of RON95) which is equivalent to RM304mil monthly and RON97 for 42.72 sen per litre.

The cost for RON95 went up 102% from US$40.75 (RM143.79) per barrel to US$82.30 (RM290.40) in December last year and in August respectively.

Popularity: 1% [?]

Good news to all motorist, the government has extended claim period for another 2 weeks from 31 March until 14 April. Eligible vehicle owners are encouraged to collect their fuel rebates from post offices before the deadline. To meet the deadline, you can also claim at selected post offices after office hours or even on the weekend.

Alternatively, if you are too busy, you can do online via Posonline www.posonline.com.my where the money will be credited direct to your bank account. For further info call 1300-300-300

fuel rebates, malaysia, petrol

Popularity: 5% [?]

Can you imagine our police with their  high power Mitsubishi Evolution X ? I am not sure whether this will be real or not, but based on the STAR news, we could probably have EVO with PDRM logo on it.

MotorTrader reported that  PDRM will be sending its Evo drivers for special training courses so that they will be able to make full use of the car’s performance so illegal racers had better think twice before trying to accelerate away when they see flashing blue lights behind them. The police also say that the cars may have other roles that require high-speed escorts.

KUALA LUMPUR: The Royal Malaysian police has bought 25 high-powered Mitsubishi Lancer Evolution cars to catch criminals and speed hogs.

The cars, worth several millions of ringgit, would be fitted with safety gadgets and would sport the looks of police patrol cars.

Sources said the police had al­­ready taken possession and were testing the cars before sending them to the Road Transport Depart­ment for registration and approval.

“The cars are to be used in high-speed car chase, especially in cases of carjacking, kidnapping and hi­­jacking.

“The speed of the cars would enable the police to catch up with criminals who often used modified turbo charged cars to escape,” they said.

Several police personnel have been sent to undergo intensive driving classes to ensure they are able to handle the super charged cars, they added. The cars, they said, would also be used by the highway patrol unit to monitor speed hogs or illegal racers.

Inspector-General of Police Tan Sri Musa Hassan confirmed the purchase but declined to elaborate.

Popularity: 16% [?]