It’s the last day of the month, but don’t keep checking for updates on fuel prices, because there won’t be any. Yes, there will be no more prior announcements of monthly petrol and diesel prices from now, said Domestic Trade, Co-operatives and Consumerism Minister Datuk Seri Hasan Malek.
“We have decided to stop the previous practice of announcing the new prices on the last day of the month. From now, motorists will only know if the prices are going up or down or maintained on midnight,” he told reporters after attending Umno Youth’s GST Open Day briefing in KL.
UPDATE: Petrol Dealers Association of Malaysia’s response to the decision.
The Petrol Dealers Association of Malaysia (PDAM) is happy with the move. “This is in line with our wishes as we have urged the government to do so. This is because early announcements of petrol price hikes will only interrupt the smooth operation of petrol stations,” said PDAM president Hashim Othman.
He explained that disruption occurs when motorists rush to fill up before an impending fuel price hike, often resulting in the petrol station running out of fuel. Station operators have been accused of hoarding stock in such situations.
Late last month, the ministry announced the price of fuel for June on its official website. We are currently paying RM2.05 per litre for RON 95 petrol, up from RM1.95 in May. RON 97 fuel is priced at RM2.35 per litre inclusive of GST, up from RM2.25 in May. Diesel went up 10 sen to RM2.05.
Will the managed float go up or down? We’ll update you with July fuel prices later tonight.
Looking to sell your car? Sell it with Carro.
Good – No more crazy kiasu traffic jams at petrol kiosks
Bad – Without announcements, they are counting on us to have the “tidak apa” attitude and continue to raise prices unknowingly.
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BN and Minister Hasan just doing a good job… later all complaints last minute. Now better no more que and waste time at petrol station.
Petrol Dealers are helping Rakyat too so don’t makes complaint just support BN.
RAKYAT didahulikan BN cinta Rakyat.
Birkin bags didahulukan u stupid sob. Enough is enough…
He is being cynical..
Our hybrid drivers: Price hike to RM3 also no feeling.
BN supporters please come out to protect your Minister ass !!!
Moderation by using global price? Now still using uncivilised attitude to keep the price control?
Before unsubsidised says will “show price calculation”. Now just tell Rakyat LIES and keep the “cronies right system” just ignore what he say “promise” to show calculation.
He’sndeed the top cronies petrol dealer.
If they are monitoring using global price, how come our fuel price during USD65/barrel is cheaper than now at USD63/Barrel i.e RM2.05 against RM2.15?
No bola to announce cos takut LAZY and spoilt Petrol dealers association MARAH,if earlier announcements cause them to make losses.
Shambolic shithole type of
More importantly, why they want to stop announcing? Want to prevent people from queuing up?
Cause he don’t want to keep lying to rakyat…so now they choose to, just do it.. Without announcing, Rakyat won’t do anything.. so their still win..by time election coming, we just down 20sen rakyat will Happy again.. then he will say ; RAKYAT didahulikan BN cinta Rakyat….lol…
Read between the lines. If it is a good news, all of them will be keen to announce. If it is a bad news, dont announce. Just do it discreetly.
No bola to announce cos takut LAZY and spoilt Petrol dealers association MARAH,if earlier announcements cause them to make losses.
Shambolic shithole type of management
All controlled items pricing need to be announce if not then how consumer know this is official or not?
If the government is serious about doing a managed float system, they should actually announce a price change for petrol at least 15 DAYS before it takes into effect.
Announcing it a few hours before causes the stupid queues at petrol station.
Announcing it at midnite will just cause people to hate the government more. People don’t like being ‘ambushed’ by new prices, especially if it’s a hike.
Announcing it half a month earlier will cause chaos for the first few months as cheapskates will stockpile fuel if it’s a hike or reduce car usage if it’s a drop. People will realize it’s stupid to keep up such behavior and will accept monthly price fluctuations.
TLDR; Don’t do last minute announcements, don’t ambush your citizens every month with new prices.
don’t let us know early? mean you in control? come on, minister serve RAKYAT.. remember our Johor Crown Prince words next time!
Johor Crown Prince no care and riding new jet liao lor…
If you care of your customer bring them vios with VSC.
up or down. no new baju raya this year.
Wow. So exciting. It’s like waiting for 4D announcement.
All 6 petrol pump at kesas awan besar both way closed shop already. Ready to make hefty over night profit$$$
They still need to inform dealers. So info gonna leak also …
This minister face reminds me of rosmah mansor..
hahahaha, everything last minute….
I think the last minute thing is becoz all the ppl in the ministry are expert in TIDOR. Just pass work around….makan gaji buta….
I don’t understand why we have such half-cooked ministers in this country??
Because you are worse than them, haha!
Before, no news is good news. Now, no news also bad news!
So now they can increase the price as they like, great.
There are people always looking for bargains so much so there is reality TV shows on this. I was never dictated by fuel prices, my target fuel price for 2015 is RM 1.90 per litre, and try to maximise what is in my tank e.g. checking tyre pressure and delaying switching the car air-con. As at 30.06.2015 I am net favourable whether fuel up or down.
indeed it is about to begin for which we have prepared….
Don’t increased the petrol price then don’t have to make announcement! SImple right Menteri!!
RON95 naik 10sen
RON97 naik 20sen
already leak info out
they required more of our money to pay the 1mdb debt, and to buy rosmah more expensive hand bag and not to forget the personal jet.
Next coming GE also let SPR announce winning party on the final counting. No need to announce precount la, half day count la, unofficial count la. Let us all have the final surprise rather than letting certain parties to ‘cater’ for the shortfall votes
Looks like he’s fueling up for his Cayenne. Cheat the people as always!
I have a split thought abt this issue, one side is bad for the consumer – only knew it when it done (good if down, bad if up), but the other side its it good for the petrol pump tokei.. I would say its a win-win situation
He owns many petrol station?!