According to second finance minister Datuk Seri Johari Abdul Ghani, the weekly fuel price adjustments (following the managed float system) currently in place is highly appropriate at this time. He said this is because fuel prices in Malaysia are affected by the global market rate of oil, which is constantly changing.
“If you looked at the beginning of the weekly flotation method basis, (the price of) RON 95 has been reduced by 17 sen; 19 sen for for RON 97; and nine sen for diesel … people still benefit because the price is still reasonable and managed. However, the government is ready to take proactive measures should global oil prices increase dramatically,” said Johari.
This comes in response to the issue to rising fuel prices for the second and third week of April, which has been deemed a burden to consumers. Currently, RON 95 is priced at RM2.24 per litre and RON 97 is RM2.52 per litre. As for diesel, Euro 2M is priced at RM2.16 per litre while Euro 5 diesel retails for RM2.26 per litre.
For now, the domestic trade, cooperatives and consumerism ministry (KPDNKK) will not allow fuel retailers to offer discounts on fuel, although that could change in the future with proper guidelines in place.
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By NOT allowing retailers to offer discounts on fuel,KPDNKK is not practicing free enterprise. If U cannot do your job, please resign.
The higher the merrier.
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So cheap!!! Sila naik!!
Ini kali lah!
Hahaha Yess Bring it On!! Now or Never!!
Things gone so Bad.
Pipu got Nothing else to Lose…
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Ada aku kesah.
Kenapa u reply?
Bcos of protection, P1 is dying. With your type of mentality, any business given 2 U is as good as DEAD.
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And that is precisely why the Gov FAILED Big time bcos they have people like U.
Haha..typical malaysian gomen. Janji always dicapati..
Capati and Dhal
Typical Malaysians like to complain
Why not allow? Before this , talk for what? We as end user need this… sembang kencang!
Braderr takkan tak biasa lagi kot.
Only policies which ultimately burden we as end users are allowed.
Rakyat Didahulukan….
the main thing is that inflation is hitting ceiling high.
go around and ask those on the streets. with low increment and high inflation, how many household is struggling to make ends meet?
whether petrol price is up or down, prices of basic necessity can only go up but never come down.
What go up will calm down
Keep calm and buy Proton
Mana price war??!
Price war is not good for small business
I don’t think it’s any benefit at all. During mahatir’s administration there were no such problems because they’re were less systems. Simplified administration cause convenience and efficiency. It’s not better because fuel price is still on the rise, and this time on a weekly basis . Price drops once and rises twice. Prices will not be affected if value of currency is stable.