According to Malaysiakini, the price of RON97 fuel will be increased to RM2.90 per liter at midnight today, up 20 sen from the previous price of RM2.70 which was on the 1st of April 2011.
If this trend continues, the price of RON97 would probably hit over RM3.50 per liter by the end of the year.
This is the fifth monthly increase in a row since December last year. The margin of increase has also been going up, with the first three hikes being only 10 sen, with subsequent increases being 20 sen.
RON95 and diesel remains unchanged for now.
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Showing posts with label Malaysiakini. Show all posts
Showing posts with label Malaysiakini. Show all posts
Wednesday, May 4, 2011
Friday, December 3, 2010
4-dalam-1: Harga petrol, diesel, gas, gula naik lagi
SOURCE:
Petrol RON95, dipercayai akan dinaikkan 5 sen menjadikan harga RM1.90 seliter.Dua hari lalu, petrol RON 97 naik sebanyak 15 sen kepada RM2.30 seliter. Kenaikan itu berikutan perubahan harga pasaran yang diapungkan sejak Julai lalu.
Harga diesel pula dipercayai dinaikkan 5 sen menjadikannya RM1.80 seliter manakala gas LPG juga naik 5 sen menjadikan harganya RM1.90 sekilogram.
Harga gula pula dikatakan akan naik 20 sen menjadikan harganya RM2.10 sekilogram.
Semua harga baru dijangka berkuatkuasa pada jam 12.01 pagi esok. Ia didedahkan pada taklimat kepada editor di Putrajaya oleh Unit Pengurusan Prestasi dan Perlaksanaan (PEMANDU) .Malaysiakini turut dijemput ke taklimat itu melalui panggilan telefon tetapi wartawan kami dihalang memasuki ibupejabat Unit Kordinasi dan Pelaksanaan di Pejabat Perdana Menteri, kemudiannya tanpa sebarang alasan.
Pengumuman rasmi daripada Jabatan Perdana Menteri berhubung kenaikkan ini dijangkakan pada jam 8 malam.
Kali terakhir harga barangan meningkat adalah pada 15 Julai lalu. Ia membabitkan kenaikan 5-dalam-1. Barangan yang terjejas itu adalah dua gred petrol, diesel, gula dan gas.
END OF SOURCE...
My (JEFF LIM'S) OPINION:
"I just don't get this mechanism and the logic behind. When the fuel price DOWN, our fuel price REMAINED THE SAME, BUT When the FUEL PRICE UP, we follow suit." When is this going to end. My Neighbourhood Coffee shop in Section 17, PJ, "HOWYEKEE" (PICTURE BELOW) just increased ALL THEIR FOOD AND DIMSUM BY AT LEAST 10% ACROSS THE BOARD (Up to 25% for Drinks) back in August. Eg. Economy Rice now RM3.90 (from 3.60), Taai Pau now RM3 from RM2.80, Siu Maai from 1.60 to 1.80, Small Noodle now RM4.50 from RM4. Now I can see that they'll have another REASON to HIKE THE PRICE!
ALL THEY NEED TO CUT is their OWN GOVERNMENT Expenditure. Eg. NEW Prime Minister's Residence, ANOTHER PARLIAMENT RENOVATION, SCRAP the 100-storey TOWER MEGA PROJECTS, 10% PAY CUT in ALL GOVERNMENT DEPARTMENTS' STAFF (1.3 million of them and counting) and the amount is of SAVING'S DEFINITELY MORE THAN FUEL HIKE.
Monday, June 21, 2010
Malaysian petrol prices could go up to RM2.60 if Govt approves proposal
Malaysian petrol prices could go up by 15 cents if government approves proposal
According to a report on Malaysiakini, the Malaysian government could hike petrol prices up by this year. The report says that the initial price increase will be 15 cents per liter and implemented this year under plans presented by a body advising the government on how to cut subsidies.
The proposal was made today to urge people to accept higher prices as Malaysia seeks to reduce its budget deficit which stood at a 20-year high of 7 percent of gross domestic product in 2009.
If the proposal goes through, the price of petrol would be hiked some time this year followed by two price hikes totally 20 cents per liter in 2011 and two more of 20 cents per liter in 2012.
In 2013-2015, there will be slow price hikes and by the end of 2015, the price of RON95 would stand at RM2.60 per liter, but the proposal has yet to be approved by the government, so there's no telling whether or not the proposal will be accepted.
The forecasts were based on a crude oil price forecast of US$73.06 per barrel for 2011 and US$79.41-US$94.52 for 2013-2015.
Petrol
Petrol prices to be increased 15 sen in June-Dec 2010, then 10 sen hikes every six months between Jan 2011-Dec 2012 and by a lesser amount in following years.
Petrol prices seen at
2011 - RM2.16
2012 - RM2.20
2013 - RM2.34
2014 - RM2.52
2015 - RM2.60
The forecast for crude oil in 2011 is US$73.06 per barrel and for 2013-2015 in the region of US$79.41-94.52.
Tolls
Renegotiation with PLUS highways in 2010 and with LDP Highways by 2013.
Propose that all concession agreements would proceed without subsidies, resulting in a toll hike of between 10-67 percent for 2010.
Gas
Gas price is increased by a fixed rate of RM3/MMBTU every six months from initial increase for power sector and non-power
sector.
Gas price increase of RM3/MMBTU every six months corresponds to an increase in electricity tariff of 1.6 sen/kWh every six months.
Electricity tariff for lifeline consumers (in 2010, less than 200 kWh) would not be increased. About 56 percent of households will not be affected in 2010.
Consumers with a monthly bill of 20 ringgit and below will continue to get free electricity until Dec 2010.
Strategic industries will be protected initially.
Inflationary impact
* Estimated impact on inflation:
- A 5 percent increase in petrol prices would result in a 0.4 percentaage points rise in the consumer price index.
- A 10 percent increase would cause the CPI to go up by 0.82 percentage points. Fuel represents 7.7 percent of the CPI basket.
Total savings
* In 2010, government will save about RM3 billion. In 2011, RM14 billion, RM21 billion in 2012, RM29.5 billion in 2013 and RM35 billion in 2014.
Source: Reuters via Malaysiakini
END OF ARTICLE.
That's all folks, thanks for having the time and patience to read this blog entry.
According to a report on Malaysiakini, the Malaysian government could hike petrol prices up by this year. The report says that the initial price increase will be 15 cents per liter and implemented this year under plans presented by a body advising the government on how to cut subsidies.
The proposal was made today to urge people to accept higher prices as Malaysia seeks to reduce its budget deficit which stood at a 20-year high of 7 percent of gross domestic product in 2009.
If the proposal goes through, the price of petrol would be hiked some time this year followed by two price hikes totally 20 cents per liter in 2011 and two more of 20 cents per liter in 2012.
In 2013-2015, there will be slow price hikes and by the end of 2015, the price of RON95 would stand at RM2.60 per liter, but the proposal has yet to be approved by the government, so there's no telling whether or not the proposal will be accepted.
The forecasts were based on a crude oil price forecast of US$73.06 per barrel for 2011 and US$79.41-US$94.52 for 2013-2015.
Petrol
Petrol prices to be increased 15 sen in June-Dec 2010, then 10 sen hikes every six months between Jan 2011-Dec 2012 and by a lesser amount in following years.
Petrol prices seen at
2011 - RM2.16
2012 - RM2.20
2013 - RM2.34
2014 - RM2.52
2015 - RM2.60
The forecast for crude oil in 2011 is US$73.06 per barrel and for 2013-2015 in the region of US$79.41-94.52.
Tolls
Renegotiation with PLUS highways in 2010 and with LDP Highways by 2013.
Propose that all concession agreements would proceed without subsidies, resulting in a toll hike of between 10-67 percent for 2010.
Gas
Gas price is increased by a fixed rate of RM3/MMBTU every six months from initial increase for power sector and non-power
sector.
Gas price increase of RM3/MMBTU every six months corresponds to an increase in electricity tariff of 1.6 sen/kWh every six months.
Electricity tariff for lifeline consumers (in 2010, less than 200 kWh) would not be increased. About 56 percent of households will not be affected in 2010.
Consumers with a monthly bill of 20 ringgit and below will continue to get free electricity until Dec 2010.
Strategic industries will be protected initially.
Inflationary impact
* Estimated impact on inflation:
- A 5 percent increase in petrol prices would result in a 0.4 percentaage points rise in the consumer price index.
- A 10 percent increase would cause the CPI to go up by 0.82 percentage points. Fuel represents 7.7 percent of the CPI basket.
Total savings
* In 2010, government will save about RM3 billion. In 2011, RM14 billion, RM21 billion in 2012, RM29.5 billion in 2013 and RM35 billion in 2014.
Source: Reuters via Malaysiakini
END OF ARTICLE.
That's all folks, thanks for having the time and patience to read this blog entry.
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