Bear, Diah and Pasha

Nov 18th, 2008 by papabear

There are two good news for Malaysians recently. The first one is the further reduction of the petrol price effective yesterday. This reduction is inline with the continuous decline in global crude oil price.

That means now I can have more petrol and that would be really nice for my RM200 per month budget. Of course it would be nicer if it keeps on coming down.

Anyway, premium unleaded petrol (RON97) is now priced at RM2 per litre, while unleaded petrol (RON92) now costs RM1.90 per litre (from RM2.05). Diesel has been lowered to RM1.90 per litre, from RM2.05.

I say petrol should go down further! What do you say? By the way, this is what Domestic Trade and Consumer Affairs Minister Datuk Shahrir Abdul Samad said:

Shahrir also said the pump petrol price might fall back to RM1.92 or lower by the end of this month, or by Dec 31 at the latest if the downward trend of global crude oil price continued. The previous fuel reductions were made on Nov 1, Oct 15, Sept 24 and Aug 23.

The next item that goes down is the ceiling price for rice. Malaysians consume a lot of rice and some Malaysians can go mad if they could not eat rice even for a meal. They have to have rice with whatever that they are eating…

The new ceiling prices are RM2.60 a kg for ST5, a reduction of 20 sen, while ST10 will be cheaper at RM2.40 compared with RM2.70 previously.

So, this one should go down and has gone down and that is good!

Read the full news at GLAD TIDINGS FOR CONSUMERS: Double joy with reduced fuel and rice prices.

However, this last item has been going down almost everyday since last month and this is something that should be going up and not down. It is none other than our KLSE Composite Index.

Can somebody or something push this up! It has been staying below 900 for a long time now and my unit trust investments are affected by this.

This one should not go down!

Tags: Business, ceiling, composite index, Diesel, Gasoline, klci, klse, malaysia, Malaysians, price, Price of petroleum, rice, Shahrir Abdul Samad

Posted in News

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38 Responses to “Something Should Not Go Down”

on 18 Nov 2008 at 4:41 pm1|1f34|-|1r3

first ..wooooooo

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on 18 Nov 2008 at 4:44 pm2|1f34|-|1r3

public mutual screwed up with this trend…do you think so? anyway, i thought i read where there will be a price ceiling for petrol prices so that consumers will not be shocked with the lower price fuel…neraka apakah ini ??

|1f34|-|1r3´s last blog post… Why I just hate kongsiblog.com ?

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on 18 Nov 2008 at 4:44 pm3papabear

life4hire, whoaa! tokojut den! cepat betul ko datang! I heard that they would not let it go lower than 1.92. Then some people said should not be lower than an amount that would be fixed later and then that statement from Shahrir. I guess we just have to wait and see then!

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on 18 Nov 2008 at 4:44 pm4|1f34|-|1r3

by the way..aku dah apply entrecard…miahahahhaha..tgh figure lg natang ape entrecard nii..:)

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on 18 Nov 2008 at 4:46 pm5|1f34|-|1r3

muahahahhaha..biasa..tido aku xtenang tanpa dpt jd first commentor kt blog ko !

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on 18 Nov 2008 at 4:49 pm6papabear

life4hire, entrecard to adalah traffic exchange but slightly different style la… hahah… sampai x tido? jangan lah wei…

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on 18 Nov 2008 at 4:54 pm7|1f34|-|1r3

haha…aku bgn2 tido jer tros bukak blog ko..RSS feed lembab sket smp..hehe…nak kena belajar ni camana entrecard ni…nanti aku baca2 dulu..xpaham nanti..cam biasa la…

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on 18 Nov 2008 at 5:20 pm8papabear

life4hire, timing ko memang baik punya! if x faham entrecard, don’t be shy, just ask!

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on 18 Nov 2008 at 5:38 pm9KNizam

haha life4hire sure tengah dok ngadap google reader lah tuh. hehe

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on 18 Nov 2008 at 5:49 pm10papabear

knizam, ooo.. patut laa… ahhaha

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on 18 Nov 2008 at 5:54 pm11taukey

life4hire lagi ke? hahaha. tahniah tahniah. The oil price is a very good news to me. but if get lowered even more, i gave my vote to them for now. muahahahaha

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on 18 Nov 2008 at 6:05 pm12papabear

taukey, after we voted, they would increase the price again. hahah!

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on 18 Nov 2008 at 6:38 pm13cheryna

sha rugi semalam sbb sha baru jek isi minyak…huhu…nywayz…kelakar gak bro…harge die naik seciput2 tak macam penurunan harge minyak dunia.

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on 18 Nov 2008 at 6:50 pm14papabear

sya, maksud awak harganya turun macam siput kan bukan naik…heheh… tp x pa… saya faham… memang nak amik duit orang cepat2 tp nak bagi duit kat orang mesti lambat2… heheh

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on 18 Nov 2008 at 7:34 pm15mazuki

ces..aku terlambat tuk harini…hukhukhuk

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on 18 Nov 2008 at 7:54 pm16callister

x aci sungguh..
hari2 dia kan..

callister´s last blog post… Skeleton in my closet

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on 18 Nov 2008 at 8:36 pm17ummu_hanis

alaaaaa. miss sunggoh. tadik masa ko komen kat entry aku tu ko ngah hapdet la kan? arghhhssss. nape la aku tak tepikei. anyway, tahniah kerana manjadik rakyat malaysia dan dpt menikmati penurunan harga minyak yg agak membanggakan. huhuhu. (tah pape tah aku. blasah je la. otak tengah jam)

ummu_hanis´s last blog post… program pemulihan

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on 18 Nov 2008 at 9:42 pm18artofreed

The Goverment of Indonesia have a plan to decrease the price of fuel about Rp. 500… Just a plan maybe

artofreed´s last blog post… Get One Way Back Link by Media Sites

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on 18 Nov 2008 at 9:45 pm19Faiz

aku suka berita ini

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on 18 Nov 2008 at 9:57 pm20smaelz

Ini sumer adalah tipoo… minyak bole turun lagi.. menatang jadah apa turun 15 sen secara statik.. mcm ada plan jer.. naik terus 70 posen, harga barang melambung, saham jatuh mendadak.. bgla minyak turun mendadak, supaya harga barang bole turun mendadak dan saham melonjak tinggi.. (teori penaakulan mantik yg hebat, hahaha)

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on 18 Nov 2008 at 11:32 pm21papabear

mazuki, hahah cuba lagi.
callister, jgn marah… mesti mau rajin macam dia.
ummu, haha cuba lagi.
artofreed, is that so? but Rp500 is nothing….
faiz, yup, berita gumbira.
smaelz, biar minyak naik jgn ko yg naik minyak. hahah

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on 19 Nov 2008 at 2:17 am22bluecrystaldude

I think the oil price should go down further. At least a par with before the 30% hike. The price for crude oil per barrel now already slide down far from during the hiatus. What now? We subsidize government? Crap~

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on 19 Nov 2008 at 9:36 am23Richie

hurmmm.. its all about petrol.. i think i’ll never buy a car before i propose my gf..hoho

Richie´s last blog post… Richie Menyumpah Seranah!!

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on 19 Nov 2008 at 10:21 am24papabear

bluecrystaldude, nothing much we can do about that bro.
richie, buy a kancil. still a car and not much petrol hahah!

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on 19 Nov 2008 at 11:06 am25negaraku.net

Something Should Not Go Down…

Petrol is down: OK!
Rice is down: OK!
KLCI is down: NOT OK!…
on 19 Nov 2008 at 12:17 pm26RockYourVote.net

KisahberuanG.com® » Something Should Not Go Down…

Petrol down: OK!
Rice down: OK!
KLCI down: NOT OK!…
on 19 Nov 2008 at 12:19 pm27doku

ntah..turun sket2 je..bagi r turun terus..xpun bagi free je..hahaha

doku´s last blog post… Sketch 010

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on 19 Nov 2008 at 12:32 pm28Cashmere

Oh…That’s great news… Here, it’s so expensive that it can kill my bank. How I wish the oil price was like a few years ago… *sigh!* I hope one day we do no have to use oil anymore… air maybe? So it’ll be free.. haha!

Cashmere´s last blog post… Where Can I Find Prawn Maggi Mee?

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on 19 Nov 2008 at 12:38 pm29papabear

cashmere, running on air… we have that already. it is the bicycle…heheh
doku, standard lah tu…haha

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on 19 Nov 2008 at 3:27 pm30RizalHardy

tapi harga barang still tak turun, adeh, peruncit kata ” haiya, stok angkat masa mahai maa… mana buleh kasi tulun sikalang…lugi wooo…”…

RizalHardy´s last blog post… Tol Lebuhraya Utara Selatan Turun 10 Peratus

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on 19 Nov 2008 at 4:47 pm31papabear

rizalhardy, betul gak tuh…hehe

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on 20 Nov 2008 at 12:00 pm32Cashmere

Bicycle pulak…. Basikal tak laju..tak best!
Berpeluh-peluh nanti kena kayuh!!

Cashmere´s last blog post… Where Can I Find Prawn Maggi Mee?

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on 21 Nov 2008 at 1:32 am33azlan

minyak makin turun..adakah cash rebate lepas nie akan dihapuskan?….

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on 21 Nov 2008 at 1:51 am34papabear

cashmere, tu kan exercise yg baik? hahah
azlan, aku rasa x de rebate lagi dah pas ni…

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on 21 Nov 2008 at 1:50 pm35chuckiesd

boley turun lagi…hari ni kalau tak silap minyak dunie turn sampai usd49 setong…harap turun bawah rm1.90…

chuckiesd´s last blog post… Boss macam maner yang korang nak?

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on 22 Nov 2008 at 2:23 am36papabear

chuckiesd, betul tu…. tapi biasalah…

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on 22 Nov 2008 at 2:24 am37azrin

I tak kisah kalau semua saham turun..boleh aku borong..macam aku beli Royal Bank of Scotland share tuh ari..dari GBP39.45 at peak now is 42PENCE!

Quick return for my EPF bro….

azrin @ http://www.azrin.net

PS:Try out aku nyer site kat chat.nu…ader bug tak??

azrin´s last blog post… Of Fuel, Bugs and Nuts

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on 22 Nov 2008 at 2:35 am38papabear

azrin, betul tu. time to buy ! buy! buy!

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