Petrol Price will go up on Thursday

4/6 PM Abdullah announces the Petrol price will go up 78 sen per litre to RM 2.70, diesel up RM 1 to RM 2.58 per litre, effective midnight tonight.


Government increased 97-RON petrol by 78 sen to RM 2.70 per litre from RM 1.92, diesel will be up by RM 1 to RM 2.58 with effect by midnight. 97-Ron petrol will also be increased by 78 sen to RM 2.66 from RM 1.88.

Owners of cars below of 2-litre engines will get a cash rebate of RM625 a year, while their road tax will be cut by RM 200, says PM.

4/6 Government says Petronas raising price of gas supplied to power producers to RM 14.31 per mmBtu from RM 6.40 per mmBtu.

Price raised to RM24.54 per mmBtu from RM9.40 for industries using below 2mmscf. Those using more, price raised to RM 32.56 from RM11.32.


Government will save RM 13.7b from subsidies revamp and it will introduce a new windfall tax for palm oil producers benefiting from high CPO prices.

Government allows Tenaga to raise tariffs by July. Government will impose 30% windfall tax on independent power producers.


PM Abdullah Ahmad Badawi says Tenaga Nasional will raise electricity rates by 18% for homes and 26% for business users under the subsidy revamp.


India has hiked petrol prices by 11% and diesel by 9 % per litre to cut massive losses at state-owned oil firms caused by rising crude prices.

CPO futures fall RM 50 to RM 3,480 per tonne after report that China has ample stocks of soybean oil.

4/6 Court strikes out election petition filed by PKR’s Badrul Hisham (Chegu Bard) over Rembau seat won by Umno Youth’s Khairy Jamaluddin.

Barack Obama wins the Democratic party presidential nomination race. US media says that Obama has created history as the first Black American to run for Oval Office.

3/6 The government will make it compulsory for passengers on new buses, especially tourist coaches, to wear seat belts says the Deputy Transport Minister Lajim Ukin.

3/6 Thailand has announced that it will slash taxes on ethanol-based fuel and vehicles that run on it to reduce the country’s costly oil imports.

3/6 Kelantan has launched a “Speakers’ Corner” at Stadium Sultan Muhd IV in Kota Baru to allow youths to express themselves through public speaking.

3/6 Sarawak governor Tun Abang Muhammad Salahuddin and son unhurt after head-on collision in Kuching; driver, passenger of the other car were being treated in the hospital.