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04 December 2010

Malaysian Are Smart People

I had a quick glance on my newspaper just now and saw the article below. The price of Ron95 increased by 5 sen per litre. I’m fine with the increase or subsidy rationalisation (as he prefers to said it this way)


PUTRAJAYA: The prices of Ron95 and diesel have increased by 5sen per litre while liquefied petroleum gas (LPG) and sugar will go up by 5sen per kg and 20sen per kg respectively.

Minister in the Prime Minister’s Department Datuk Seri Idris Jala said that the price hikes, effective midnight yesterday, were expected to result in a total savings of RM1.18bil.



There is a part of the article that made me laugh.

He said the price of Ron95, which would be raised to RM1.90 per litre from the current price of RM1.85, would still be lower compared to its retail price in Indonesia (RM2.46), Singapore (RM4.63) and Thailand (RM4.25).

Well, he calculates petrol price of our neighbour countries after conversion to ringgit. I don’t understand why he keeps on treating Malaysian as a bunch of fools. In fact, Ron95 in Singapore is cheaper than Malaysia as of now. Malaysian are smart people. Don't keep treat us like fools. Thank you.

RON95 in Malaysia = RM1.90
RON95 in Singapore = SGD 1.877



This snapshot shows the current petrol price in Singapore.

http://thestar.com.my/news/story.asp?file=/2010/12/4/nation/7559474&sec=nation

http://www.petrolwatch.com.sg/