Fuel Price Hikes May Cause Inflation Jumping
Fuel Price Hikes !!! Salary Still Same !!! How to Survive ?
05 June 2008 was a bad day for all Malaysian since the fuel price increased again and it gives me a big SHOCK after the news released officially from TV channel and Internet breaking news. It’s increased from MYR 1.92 (per liter) to MYR 2.70 (per liter), approximately 41% amazing increased.
While I feel the pain of the fuel price hike, this is quite inevitable due to the global petrol price. Following the increase in fuel price, prices of other goods are expected to rise and hence the cost of living will be skyrocketed.
BN (Barang Naik, Not Barisan National anymore) always confuses us by claiming we still enjoy the cheapest fuel price in Asia. BN always says countries like Singapore, British, Japan, their fuel price are a few times than us in actual RINGGIT. But they never consider that we are a net exporter of oil, whereas our neighbors are net importers.
Typically the arrogant government had never consider how’s the feeling of public and how we will be affected. We must take action for our future and our children!!! Let’s sack the government now!!!
For those people who intend to buy a new car recently, then this can be used as a guideline for them to do some new adjustment and future analysis. My advice is better having a good control on self-expenses otherwise you will be beaten down easily.
June 7th, 2008 at 9:05 am
motor rider can laugh till the end!!!
June 7th, 2008 at 8:09 pm
i am sure the road congestion and mak rempit action will bcome less
June 9th, 2008 at 6:53 pm
malaysia govt are stupid enough, waste 56billion on such useless mega project!!!
June 11th, 2008 at 10:09 pm
petrol price always will be the crucial issue in the world..all is because of US fault!!
June 12th, 2008 at 3:08 pm
world most cheapest oil price is RM0.15 at Venuezuela..
June 19th, 2008 at 7:54 pm
The price of energy, in particular fossil fuel, is historically high and seems set to increase.Fuel bills - whether for the home or for the car - take up an ever-increasing proportion of people’s budgets.
November 1st, 2008 at 10:32 pm
[...] fund that mimics it. Mostly the new fund with new strategies will be launched. Just like people saw fuel price hike then Unit Trust company will come out some sort of fund that invest in [...]
November 2nd, 2008 at 5:22 pm
[...] common sense when thinking about fuel price hike, for sure the car drivers will suffer most. Inflation issue hit us more badly since goods and food [...]
November 2nd, 2008 at 5:43 pm
[...] increased for the following years, then may be I will use bicycle to do my errands. As u known, fuel price hikes, but car prices and taxes never drop down. No balance, somebody gotta import civic hybrid or Toyota [...]