The government has reiterated that it will not move away from the managed float system that determines the retail pricing of fuel in the country. According to the domestic trade, cooperatives and consumerism ministry (KPDNKK), any change in the existing fuel pricing mechanism – in which petrol and diesel prices are adjusted weekly – could inconvenience the people, Bernama reports.
Its minister, Datuk Seri Hamzah Zainudin, said this was due to the fact that the weekly pricing mechanism established by the government had been gradually accepted by the people. He added that although prices were fluctuating between seven and eight sen a week, the people understood and were willing to adapt to the changes.
“The price fluctuation mechanism is according to the world market price and once the people understand that, we should be thankful with what the government is doing for the well-being of the people,” he told reporters at an event.
Forty-nine weekly fuel price announcements have been made since the system began at the end of March 2017. The current pricing of RON 95 petrol for the week March 1-7 is RM2.20 per litre, while RON 97 is at RM2.47 per litre, and Euro 2M diesel is at RM2.18 per litre. Current pricing is 10 sen lower (from RM2.30 per litre) for RON 95, 13 sen lower (from RM2.60) for RON 97 and two sen lower (from RM2.20 per litre) for Euro 2M compared to that at the start of the programme.
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matematic tadika 1tahun
Asal boss2 stesen minyak takdak bising..
Cukurrlah sini tak mahal macam Hongkong Rm8 per liter.
gunalah bas mini atau MTR
Please remove petrol tax. Tq
Like – Petrol up Today.
Dislike – Petrol down
Even the price in Thailand way more expensive than this.
Kau tak banyak membaca. Sebab tu kau cakap matematik tahun 1. BTW the calculation formula are here in pt. Search it.
49 weekly annoucements have been made. Most of which shows petrol prices going up. So about 40 times our petrol prices have gone up.
But in the 49 weeks, global prices have shown oil prices have gone up down about 25 times.
So macam mana ni?
matematik 1tahun
banyak kali minyak dunia turun tapi minyak malaysia naik
U dont like just migrate or live with it…in india petrol is 77rupees per litre…no one complains ..live goes on even for villages ..ok!
source please.
also, im looking at world bank figures on the most expensive places to buy petrol in the world, on a list of 217 countries, where the higher the position means higher the price, malaysia is at number 204.
please change my mind.
Please quote your source or reference. I found out otherwise.
“The current price of RON 95 petrol is 10 sen lower (from RM2.30 per litre) than at the start of the programme, while RON 97 is 13 sen less (from RM2.60). Diesel, meanwhile, is two sen lower than it was then (from RM2.20 per litre).”
In case you didn’t read the article, this is from the last paragraph. It doesn’t matter if it went up more times compared to the prices going down, but the net result is that the prices of all type of available fuels for vehicle are lower compared to the prices before the weekly update system.
Siapa terima ini sistem pak menteri? John satu org saja.
Harlo bandhu… Lu suka, lu masuk malaysia lah
Hamzah people are not ‘gradually accepting’ the system. It just 1) no choice and 2) complaint now nothing happen might as well wait GE14
The thing with Hamzah and all these people is that they think they know best. Say anything also these people dont want listen because i am the menteri thus i know all
Jesus christ hamzah go fly kite
Current calculations for fuel price is based on what Rafizi’s idea back then. It has been implemented since then, and it is the best channel for us to enjoy the subsidies since the richest are no longer can enjoy these subsidies.
Im pretty sure people around the world need to change their lifestyle. Buy what you need, not what you want. Let me give you some examples: do we really need over-expensive iphone? or New Samsung Galaxy? The price of the fuel gone up every inch in this world.
We all have pretty much world class infrastructure like MRT, use it. Or are you waiting/expecting to have the MRT station in front of your house?
list of places which DONT HAVE MRT:
penang
JB
melaka
ipoh
east coast malaysia, east malaysia
oh wait i forgot, klang valley equals malaysia .
So by everyone’s logic, changing to monthly assessment is better? What is the difference than weekly, price still change. Or you want the price of petrol constant, making govt lose more money in the process?