After more than 2 months since the 40 percent jump for fuel price, today the government announced petrol price will go down by 15 sen to RM 2.55 per litre and diesel from RM2.58 to RM2.50 as reported in Malaysiakini. Why make the announcement on today when Prime Minister Abdullah Ahmad Badawi have reiterated that [...]

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I really beh tahan with the 40.6% price increase in petrol and 63.3% increase in diesel as reported in Malaysiakini. Let’s assume all the goods and services price increase 40% after the price of petrol and diesel increase 40.6% and 63.3% respectively. And with this assumption, I have calculated the price of the things that [...]

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Oh my goodness. I just read the news that petrol price will go up by 78 sen from midnight onwards. That is RM 2.70 per litre compared to RM 1.92 per litre previously. According to Malaysiakini, “Under the scheme, vehicles below 2000cc will receive a RM625 rebate annually – to compensate for 800 litres of [...]

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