05 Jun 08 Malaysia oil price is increase!
That to you Thailand and Singapore people. You can no longer enjoy your cheap as if free oil in Malaysia anymore. Too bad isn’t it. But it’s not about you! It’s about us. We will suffer more than you!
I however did not go and fill up my car tank after hearing the news on the afternoon that later midnight the price will increase. What a very stupid way of a very stupid person (or many many many many person) to announce a price increment. Yeah! Decide it at 4pm, announce it at 5pm, and raise the price at 12am. Now talking about being efficient in doing their job….
STUPID!
Now about that government so called subsidies for those who own cars and bikes (that is less than 2000 cc for car and less than 250 cc for motorcycle). This is welcomed. But they will paid it to us once we renew our road tax (and insurance too). My car is 2000 cc. I pay road tax RM 375 per year. Total it with insurance (third party) is around RM 600 (lesser if I do the road tax myself). So what is left is about RM 25. Yep! That is for me! But most of the car owner opt for first party insurance and paid more than RM 1000 per year. RM 625… is just too small.
I know the Rm 625 is a lot if given by the calculations done by government monkeys. Say what ? 800 litre of petrol you say. Oh! That is a lot right? Too bad I don’t view it that way. I choose to calculate it different way.
(But at least I could say my road tax and insurance is free)
And to add more, the money is going to be paid by money order through pos malaysia. While this is quite ok. Since pos office is quite accessible. And to paid directly to a person bank account is such a chaos too since some might not have the account with certain bank choose by the government. And to pay at any bank account choosen by the people is quite… troublesome.
Ok! Last check there is about 16 million registered vehicle on the road. Let say half of them is eligible for the fuel un-subsidies… That is around 8 million. So … Throughout the year (for every year starting this July), pos malaysia will have LOTS OF PROFITS! let see, pos malaysia charge RM 2 per money order, times that with 8 million is 16 MILLION! This is income from the money order generated by government paying the vehicle owner only.
(assuming 8 millions of total registered vehicle is eligible)
Now… Who is that Pos Malaysia CEO again ?
Tags: increase, millions, oil, pak lah, price, profits, stupid
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Well said
I am so gonna walk or cycling after this. Really pissed me off, sigh~