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  Simplified version of RON 95 petrol, diesel price calculation formula to be made public soon – Hasan

  2 December 2014 / 36 comments

  A simplified version of the formula used to calculate the price of RON 95 petrol and diesel will be made public soon, Domestic Trade, Cooperatives and Consumerism minister Datuk Seri Hasan Malek has said, according […]

   

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  Shortage of RON 97 petrol reported for the first time

  2 December 2014 / 72 comments

  The reduction in the pricing of RON 97 petrol has seen an increase in demand for it, which has resulted in supplies running low – primarily in the Klang Valley and the east coast – […]

   

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  Diesel price up due to large subsidies paid – Hasan

  1 December 2014 / 82 comments

  Instead of the price drops enjoyed by RON 95 and 97 petrol post-float, the price of diesel has gone up three sen to RM2.23 a litre because of a large amount of subsidy paid by […]

   

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  RON 95 down 4 sen to RM2.26 a litre, RON 97 down 9 sen to RM2.46 a litre, diesel up 3 sen to RM2.23 a litre

  30 November 2014 / 151 comments

  The government has announced that from tomorrow (December 1), the price of RON 95 petrol will drop four sen to RM2.26 a litre, the price of RON 97 petrol will drop nine sen to RM2.46 a […]

   

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  RON 95 price could go down next week, says KPDNKK

  28 November 2014 / 83 comments

  With the recent shocking announcement that fuel subsidies for both RON 95 and diesel will end in December 2014, we could see a slight reduction in pump prices come next week, says Ministry of Domestic […]

   

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  Fuel subsidy removal: what do research firms think?

  25 November 2014 / 52 comments

  So, come December 1, RON 95 petrol and diesel will no longer be subsidised, and their pricing will be set via a managed float, similar to the one employed for RON 97 petrol. Good, or […]

   

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  Govt to intervene if crude oil prices too high – Chua

  24 November 2014 / 48 comments

  If global crude oil prices rise too high, the government will intervene to soften the blow for RON 95 petrol and diesel, deputy finance minister II Datuk Chua Tee Yong has said, according to a Bernama […]

   

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  RON 95 and diesel fuel subsidies to end in December

  21 November 2014 / 262 comments

  Yes folks, the time has finally come. Or will come, to be more precise. Subsidies for RON 95 and diesel fuels will end from December 1 onwards, according to the Domestic Trade, Cooperatives and Consumerism […]

   

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  Government hopes luxury cars, vehicles with big-capacity engines will use RON 97 petrol – Chua

  20 November 2014 / 64 comments

  Following Wednesday’s 20 sen price drop of RON 97 petrol to RM2.55 a litre, deputy finance minister II Datuk Chua Tee Yong has said that the government hopes luxury cars and vehicles with big-displacement engines […]

   

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  RON 97 petrol price drops 20 sen to RM2.55 per litre

  18 November 2014 / 124 comments

  The price of RON 97 petrol has dropped 20 sen to RM2.55 per litre at the stroke of midnight on November 19. The last price change for the premium fuel happened in early September, when the […]

   

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  Replace fuel subsidy with targeted hand-outs – survey

  18 November 2014 / 48 comments

  A ‘State of Households’ survey conducted by Khazanah Research Institute opines that fuel subsidies should be gradually replaced with targeted cash transfers to help low-income earners, Bernama reports. Targeted cash transfers (like BR1M) are better […]

   

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  RON 95 price could be reduced, says Ahmad Maslan

  17 November 2014 / 100 comments

  As global crude oil prices continue to fall – now down to less than USD80 (RM268) per barrel, a four-year low – Malaysians may see a drop in our RON 95 fuel price, says Deputy […]

   

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  Pos Malaysia submits fuel subsidy plan proposal

  14 November 2014 / 37 comments

  Pos Malaysia Bhd has submitted a request for proposal to the government to manage the country’s fuel subsidy rationalisation programme, group CEO Datuk Iskandar Mizal Mahmood has said, according to a Bernama report. “We are awaiting […]

   

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  Ops Titik – over RM360 million saved from May-Sept

  4 November 2014 / 26 comments

  The government says that a special operation to prevent the smuggling and unauthorised sale of subsidised diesel has saved RM361.58 million. Ops Titik, which was launched in mid-May and ran until September, prevented the leakage […]

   

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  Fuel subsidy cuts unavoidable in developing nations, says Petroleum Dealers Association of Malaysia

  3 November 2014 / 93 comments

  The rationalisation of fuel subsidies is unavoidable in developing nations including Malaysia, Petroleum Dealers Association of Malaysia (PDAM) president Datuk Hashim Othman has said, according to Bernama. He cited as an example Indonesia’s plans to cut fuel subsidies […]

   

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