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Thread: RM4.4 Billion Savings

  1. #1
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    RM4.4 Billion Savings

    Latest from The Star right now at 8.00 pm (28.2.2006)

    PM: RM4.4b Savings from Petrol Price Hike

    PETALING JAYA: The 30sen increase in the price of petrol will result in an estimated savings of RM4.4bil in fuel subsidies, Prime Minister Datuk Seri Abdullah Ahmad Badawi said Tuesday.

    Earlier, Domestic Trade and Consumer Affairs Minister Datuk Shafie Apdal gave an assurance that the Government will not raise fuel prices again this year.

  2. #2
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    Say only will not increase somewhere around last month but now increase...
    I suspect will increase again...now have to cycle to work already

  3. #3
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    Then, what will happened after end of this year, another 30 sen rise, or maybe 50 sen rise? Any assurances it wont be drastic and hurting?

  4. #4
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    this will give the taxi and buses, food stalls and etc a reason to raise the price

  5. #5
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    4.4 Billion Savings

    and may I ask... why are Singaporean registered vehicles also enjoying subsidied fuel in JB... For crying out loud, the Singaporean dollar would mean they would only be paying something like 85 cents (SGD) which is almost half of what THEY would be paying in Singapore... on a one-to-one basis (RM vis SGD), we are screwered big time. Nobody says they can't refuel their cars but well, make them pay for what's the true cost of petrol.... or at least what they would be paying in Singapore.

    Imagine 100 Singaporean cars filling up (minimum) 50 litres everyday. It would cost Malaysia approximately RM1.8million if Malaysia subsidies RM1 for every freaking litre used. RM 1,800,000.00.

    Going to a Singapore food stall, a bowl of noodles would be $2.00 and a cup of tea/coffee would be on 60 cents. Now put the Earning factor into the equation... and boy! don't they have it good...

    Suggestion: Lets all go to work in Singapore and spend our hard earned money in Malaysia. Seems that would be the only way left to earn a decent living as the cost of everything is gonna go up...
    Last edited by USJ27Resident; 28-02-2006 at 09:15 PM.

  6. #6
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    i am fumed...

    There is not effect to all the S O B ministers and the goverment's cronies. There are all multi millionaires..wht is 30cents/litre to them???


    I wonder why these minister with the salary of roughly RM 8K can afford to own bangolos and merzs..children study abroad...

  7. #7
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    Quote Originally Posted by de_scorpio
    There is not effect to all the S O B ministers and the goverment's cronies. There are all multi millionaires..wht is 30cents/litre to them???


    I wonder why these minister with the salary of roughly RM 8K can afford to own bangolos and merzs..children study abroad...
    Its not the matter of why but rather, more like how.... unless , they get preferential (JPA?) scholarships or other corporate or company scholarship in lieu of daddy's (or mommy's ) patronage (?)...

    Aiseyman... your guess is as good as mine...

  8. #8
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    Simple maths.

    RM2b to MAS + RM2.4b to PSCI = RM4.4b

    Why so hairan? Public transport and development project what...
    .

    NEW WEBSITE LAUNCHED. CLICK BANNER ABOVE TO FIND OUT.


  9. #9
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    You are right man. WE have to pay for the MAS, the MRR2, the study trips of state councillors, the scholarships of vips', the scenic bridge,

  10. #10
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    I wonder why these minister with the salary of roughly RM 8K can afford to own bangolos and merzs..children study abroad...[/QUOTE]

    And while you are wondering the "Why" or the "How", 3 of the SOBs just pop open the 3rd bottle of USD1888/bottle rare wine discussing how sorry they feel for the poor middle and lower classes.

    "Careful with that wine, this is a US$28K suit" screamed the wighead.

  11. #11
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    Quote Originally Posted by de_scorpio
    There is not effect to all the S O B ministers and the goverment's cronies. There are all multi millionaires..wht is 30cents/litre to them???
    How much the increase does not matter to them. If I not mistaken, the ministers are entitled to claim for reimbursement for their car travelling. Therefore, at the end of the day, we the rakyat are subsidizing them

  12. #12
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    chang,

    this and the fuel pump increase thread is dealing with same issues.Over to you.
    Eye of the Tiger!!!

  13. #13
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    Quote Originally Posted by Jose Mourinho
    PM: RM4.4b Savings from Petrol Price Hike
    not so much concern about this but what can a citizen or resident benefit from this

  14. #14
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    Aiseh. I thought all of us have been discussing it? The government will use the money to develop a better public transport system.


  15. #15
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    aiyah, government say a lot but implement very little, how to trust leh

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