Archive for Malaysia Petrol Hike

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The Impact of Higher Fuel Price

The Impact of Higher Fuel Price

The sudden rise in the price of fuel on 5th June 2008 has begun to affect our lives and living standards. If the increase had been more gradual, we would not feel it so much. Unfortunately, we can’t change the situation and have to accept the fact that our living cost has increased [...]

Malaysia Fuel Hike: Petrol RM2.70 (Up 40%) Diesel RM2.58 (Up 63%)

Our Prime Minister Datuk Seri Abdullah Ahmad Badawi announced yesterday the new price for petrol at the pump would be RM2.70 per litre (a 40.6 per cent jump) and diesel, RM2.58 per litre (a whopping 63.3 per cent jump) effective from Thursday 5th June 2008. And the price will be reviewed monthly!!!! In [...]