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newsThere 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.

new petrol price

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.

new rice priceThe 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.

klci

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!

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