Wednesday, June 4, 2008

RM 2.70 effective 5th June 2008

picture adopted from yahoo image search
RM2.70?? What's the pricing for?? Is it for one loaf of Bread or a bar of Chocolate?? Nah~ It the latest fuell(RON97) price in Malaysia~~It rises as much as RM 0.78--> that's alot for most of us or should i say all of us~~
It's annouced in the 5pm news that from tomorrow onwards(5th June 2008) , the price of fuel (RON97) would rise 40% from RM 1.92 per litre to RM2.70 per litre. "The new price of RM2.70 includes a 30 sen government subsidy from what the Prime Minister says is a market price of RM3.00 per liter."(paultan.org, 2008)At the same time, the price of RON92 would be rise from RM1.88 to RM2.62 whereas Diesel would increase from RM1.58 to RM2.58. However, subsidies would be issued for those who are qualified( refer to paultan.org)
Rise of RM0.78? that's alot for most of us? or should i say that's a lot for everyone of us~ The rise of fule price really leaves an big impact on us. It's inevitable that prices of fuel-related industries includings all the food industries would be affected too. However, it is known that our government is moving towards abolishment of fuel subsidies in the future, so we are advice to get use to it later than groaning among the crowd.
CONCLUSION:
"From the past till present, the fuel is forever up up up!!"
Picture adopted from yahoo image search

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