Malaysia petrol price truely up rate!

Starting from today midnight, the whole Malaysia petrol price will be 'boost up' again. Since year 2006 August until this year, petrol price increase the most percentage. From RM1.92 per litre jump until RM2.70 per litre, starting today midnight. This time increase totally up rate until 40.6%, increase 78 sen. Most blogger already announced this breaking news as possible as they can.

Yesterday I mentioned that the petrol price will be going to increase on this coming soon August. But today after the meeting from prime minister's office, they already confirmed to increase the petrol price starting from today midnight.

Grabbed from MalaysiaKini:
The government, which will announce the framework for its revamped fuel subsidy scheme tomorrow, has set the goal of raising the pump price to market levels by August, a minister said.

The government has just announced that petrol price will go up by 78 sen at midnight - a 40.6 percent jump from RM1.92 per litre to RM2.70.

	Diesel to go up by RM1 to RM2.58
	RM625 rebate for cars below 2000cc
	Electricity tariffs to increase too

Grabbed from TheStar Online:

Petrol to cost RM2.70 from midnight (updated)

KUALA LUMPUR: Prime Minister Datuk Seri Abdullah Ahmad Badawi on Wednesday announced price hikes for petrol, diesel and electricity.

He said the new price for petrol is RM2.70 a litre, effective midnight tonight. The price goes up by 78sen from the current RM1.92, a hike of 40%.

Abdullah also announced that the price of diesel would be increased by RM1 from RM1.58 to RM2.58.

He also said that Tenaga Nasional Bhd would be raising electricity rates by 18% for homes and 26% for business users.

The announcements are part of the new fuel subsidy plan.

Abdullah also announced a RM625 annual cash rebate per vehicle, for owners of private vehicles with engine capacities of up to 2,000cc, as well as pickup trucks and jeeps with engine capacities of up to 2,500cc.

Owners of private motorcycles with engine capacities of up to 250cc will receive RM150.

Payment will be made via Money Order upon renewal of road tax, from July 1.

For owners of private vehicles with engine capacities exceeding 2000cc, road tax will be reduced by RM200.

Owners of private motorcycles with engine capacities above 250 cc will get RM50 reduction in road tax.

That's true while yesterday I mentioned the price around us was almost increase as soon as possible ready. Rice increased, Cooking oil increased, Flour products increased and now petrol increase again. What product will be going to increase soon? Why don't our government learn from China, they used the money to feed the public in country. Just like Pakatan Rakyat last time said, we must co-operate with everyone who live in Malaysia. Don't be proud if you rich at all, we must care for community and anti rasuah. So now what we can do? We can just slightly hope we can earn more or believe that PR can be take the whole government of Malaysia while reach September soon. Now petrol increased, what product will be increase soon? What's your comment? Now I support....... Posted by GenYong 04/06/2008