According to Malaysiakini, both petrol and diesel prices will go up by RM0.05 effective midnight tonight. That’s pretty much all their brief news piece says, but if all three types of fuel are hiked that would mean new prices of RM1.85 per litre for RON95, RM2.10 per litre for regulated RON97 and RM1.75 per litre for Euro 2M diesel.
Just as a recap, here is Idris Jala’s proposed plan to cut down on fuel subsidies in Malaysia as part of the PEMANDU think tank project:
- Current 2010 Price – RM1.80 per litre RON95
- Q3/Q4 2010 Price Hike – RM1.95 per litre RON95
- 2011 Price Hike – RM2.16 per litre RON95 (broken into 2 hikes, once per 6 months)
- 2012 Price Hike – RM2.20 per litre RON95
- 2013 Price Hike – RM2.34 per litre RON95
- 2014 Price Hike – RM2.52 per litre RON95
- 2015 Price Hike – RM2.60 per litre RON95
Stay tuned for more updates!
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AI-generated Summary ✨
Comments mainly express frustration over the upcoming RM0.05 increase in petrol prices, criticizing government policies, subsidies, and corruption, with many arguing that the hike will lead to higher living costs and impact public transport. Several comments highlight the unfairness of high car taxes and fuel subsidies that benefit the wealthy and foreign interests, while rural folks suffer from lack of infrastructure. There’s a strong sentiment that the government’s decision is unfair and serves cronies’ interests, with some calling for better public transportation and reduction of import taxes. Many commenters are skeptical about the government’s transparency and question where the increased revenue goes, expressing disappointment and concern for the burden on ordinary Malaysians. Overall, the tone is predominantly negative and critical of current fuel and economic policies.