Is it caring or irresponsible of the government to maintain government subsidies? Our government seems undecided. On one hand, RON95 and diesel prices have been maintained “for the people’s sake”, despite the heavy subsidy cost. On the other hand, electricity tariffs have been raised because it would be “irresponsible” of the government to keep the people happy but make them suffer in the long-term. So, which is it?
Updated 6:58pm 15 Dec 2008 KUALA LUMPUR, 15 Dec 2008: Petrol and diesel prices have been reduced by 10 sen a litre from tomorrow. In announcing the reduction today, Prime Minister Datuk Seri Abdullah Ahmad Badawi said the RON97 petrol will be sold at RM1.80 a litre from RM1.90 and RON92 petrol at RM1.70 from […]
KUALA LUMPUR, 2 Dec 2008: The retail price of petrol and diesel will be reduced by 10 sen a litre each effective tomorrow, Prime Minister Datuk Seri Abdullah Ahmad Badawi announced today. The price of petrol RON97 will be reduced from RM2.00 a litre to RM1.90, petrol RON92 to RM1.80 from RM1.90 while diesel to […]
PUTRAJAYA, 11 Nov 2008: The government does not dismiss the possibility of fixing a minimum retail price for petrol and diesel despite the declining price of oil in the world market. Domestic Trade and Consumer Affairs Minister Datuk Shahrir Abdul Samad said this would help the government save on subsidy and that the money could […]