madey just said fuel prices remain unchanged in PC
Malaysian Estimated Weekly RON95/RON97 Price, RON95 ◆, RON97 ◆ on 7/3 (Estimation)
Malaysian Estimated Weekly RON95/RON97 Price, RON95 ◆, RON97 ◆ on 7/3 (Estimation)
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May 16 2018, 03:07 PM
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Senior Member
4,233 posts Joined: Jan 2003 From: Selangor |
madey just said fuel prices remain unchanged in PC
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May 16 2018, 03:34 PM
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Junior Member
257 posts Joined: May 2011 From: KL |
QUOTE(dinozilla @ May 14 2018, 09:55 PM) Aside from Perodua, and Proton 1.3 Iriz etc, i can only find these below 1300 i hope gov not subsidy based on capacity, if below 1300cc, both new myvi and saga not eligible too, myvi 1329cc, saga 1332ccFord Fiesta 1.0 Sports Peugeot 208 1.2 PureTech Renault Captur TCe 120 Renault Clio GT 1.2T VW Vento Kia Picanto Not small number also.... anyway...they also excluded Electric car in that sense... but anyway all these above and e-Car is definitely not B40 range...M40 may try for it...until whole pic clear...no point debating... aside from looking at affordability, should we also start looking at fuel it burns.... |
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May 16 2018, 04:35 PM
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3,821 posts Joined: May 2016 |
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May 16 2018, 04:41 PM
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1,704 posts Joined: Sep 2012 |
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May 16 2018, 04:51 PM
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211 posts Joined: Oct 2014 |
QUOTE(6UE5T @ May 16 2018, 04:41 PM) Subsidy purely based on car's engine size is just too simplistic and unfair, just like the road tax regulation. Yes. But I am also unsure what is the best mechanism..Subsidizing based on MyKad, will slow down the transaction, and may cause abuse. Taking my son's MyKad to purchase among others. Subsidizing based on fuel type seems more balance, an introduction of Ron 91, pricing it at RM1.50 while Ron 95 and ron 97 to be daily float (which would mean around 2.40 to 2.60). Since, most higher tech cars require Ron95. Unless, they provide BRIM in the form of petrol vouchers, then it fixes the issue. Anyone who wants to get cheap fuel, apply and submit salary slips. Thinking out loud here. |
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May 16 2018, 05:04 PM
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1,704 posts Joined: Sep 2012 |
QUOTE(jamespaul @ May 16 2018, 04:51 PM) Yes. But I am also unsure what is the best mechanism.. I actually would love to have lower ron fuel at much cheaper price because actually one of my cars does not need ron 95! So the subsidy is not exactly on target there coz people like me can still enjoy it. Subsidizing based on MyKad, will slow down the transaction, and may cause abuse. Taking my son's MyKad to purchase among others. Subsidizing based on fuel type seems more balance, an introduction of Ron 91, pricing it at RM1.50 while Ron 95 and ron 97 to be daily float (which would mean around 2.40 to 2.60). Since, most higher tech cars require Ron95. Unless, they provide BRIM in the form of petrol vouchers, then it fixes the issue. Anyone who wants to get cheap fuel, apply and submit salary slips. Thinking out loud here. Petrol vouchers might be able to target more fairly but it's a limited subsidy, so there's a ceiling only up to certain amount of purchase and not every time. And then there can still be subject to abuse and even black market fuel if not controlled tightly. Such targeted subsidy is really easier said than done, but we'll see. |
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May 16 2018, 07:50 PM
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1,680 posts Joined: Jan 2003 From: Cyberjaya |
QUOTE(jamespaul @ May 16 2018, 04:51 PM) Yes. But I am also unsure what is the best mechanism.. By fuel type won’t workSubsidizing based on MyKad, will slow down the transaction, and may cause abuse. Taking my son's MyKad to purchase among others. Subsidizing based on fuel type seems more balance, an introduction of Ron 91, pricing it at RM1.50 while Ron 95 and ron 97 to be daily float (which would mean around 2.40 to 2.60). Since, most higher tech cars require Ron95. Unless, they provide BRIM in the form of petrol vouchers, then it fixes the issue. Anyone who wants to get cheap fuel, apply and submit salary slips. Thinking out loud here. Bcoz other than high performance car Those standard c-seg above $100k n some luxury can deal with lower ron It really depends what is the focus of gov in term of fuel Environmental benefit? Emission standard For the poorer? BR1M type of petrol card For the performance level? HP output Not easy, tats y not so until today lol |
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May 18 2018, 03:06 AM
Show posts by this member only | IPv6 | Post
#1368
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1,232 posts Joined: Sep 2005 |
Time to close this thread - PM has scrapped the weekly petrol price announcement
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May 18 2018, 02:41 PM
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1,810 posts Joined: May 2008 |
Many thanks to TS.
A great job well done. |
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May 18 2018, 02:55 PM
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2,748 posts Joined: Sep 2006 From: 1337 1@nD Y(",) |
QUOTE(jasonhanjk @ May 14 2018, 09:44 PM) Mistaken identity bro. I'm Jason Bourne. more reason for LHDN to enforce income tax filing.Currently still a lot of unknown. I really hope they just simplify to one mykad peg to one car below 1.3 and give a cap subsidy. Digging into the income from hasil may take even longer time to implement and a portion of Malaysians don't file income tax. LGE in charge of petrol price? QUOTE(dinozilla @ May 15 2018, 10:56 AM) IC can be one to be used...but u can't pay fuel with it i assume... the fleet card is similar to what gov use for their vehicle fuel purchase, they have 2 cards...payment card and vehicle card. but such method bound to misuse without proper sop when used publicly.anyhow one of the best reference in the industry is the fleet card e.g. Petrol company (like Shell) has been given their employee a type of credit-card like card (Shell card?) When employee refuel with that card, rebate is credit on top at bill cycle n settle by employee... In this case gov actually can create some kind of B40 card, maybe in the form of prepaid. holder of the card can use that to pay on refuel and i pretty sure of coz to avoid abuse, a certain cap/max ceiling usage can be control from there (aside from commercial 1, personal usage shouldn't go too far off) What I can envision is to have RON95 is float in a bucket range (gov maintain it within a certain range based on their capability to contain it to help the ppl ease through) B40 will get the card which can allow them to pay for it at a discounted price vs the above general public (with a cap like probably 200L/mth?) RON97+ (mainly premium car use) unsubsidised or a lower subsidy % |
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May 18 2018, 08:47 PM
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1,680 posts Joined: Jan 2003 From: Cyberjaya |
QUOTE(Invince_Z @ May 18 2018, 02:55 PM) more reason for LHDN to enforce income tax filing. Can do...the fleet card is similar to what gov use for their vehicle fuel purchase, they have 2 cards...payment card and vehicle card. but such method bound to misuse without proper sop when used publicly. just impose a reasonable limit in the card... say your target subsidy is 20% then max fuel per month is 300 contoh: so if u used up to 300, your 300 will be rebate to 240 exceeded amount will not be applied with 20% reduction (like Maybank Amex now say 5x TP only for petrol below 500, similar algorithm would do, don think can't) the other way round... prepaid...you can load the card with whatever pre-loaded amount. and you are cap to use 300 max at a subsidised rate. exceeded and your subsequent refuel is normal rate... |
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May 19 2018, 02:13 PM
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2,748 posts Joined: Sep 2006 From: 1337 1@nD Y(",) |
QUOTE(dinozilla @ May 18 2018, 08:47 PM) Can do... i mean users can share their subsidy, that's where it'll leak.just impose a reasonable limit in the card... say your target subsidy is 20% then max fuel per month is 300 contoh: so if u used up to 300, your 300 will be rebate to 240 exceeded amount will not be applied with 20% reduction (like Maybank Amex now say 5x TP only for petrol below 500, similar algorithm would do, don think can't) the other way round... prepaid...you can load the card with whatever pre-loaded amount. and you are cap to use 300 max at a subsidised rate. exceeded and your subsequent refuel is normal rate... |
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May 19 2018, 04:54 PM
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1,680 posts Joined: Jan 2003 From: Cyberjaya |
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May 19 2018, 05:39 PM
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1,704 posts Joined: Sep 2012 |
QUOTE(dinozilla @ May 19 2018, 04:54 PM) Can But that means the so called 'targeted' subsidy will still miss the target a bit or can still be subject to abuse or profiteering. That's why Indonesia also has not yet been able to do it and still resorting to subsidy for all.U can’t stop if they want to That’s why the card should have a “reasonable” cap, which is make sense for the holder, not “more than” what needed lol |
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May 19 2018, 06:09 PM
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2,748 posts Joined: Sep 2006 From: 1337 1@nD Y(",) |
QUOTE(dinozilla @ May 19 2018, 04:54 PM) Can the best way is to use ic as identification with fingerprint and pin to confirm transaction. i'm not sure jpn will be willing to share their info. it'll endanger our personal info to outside unwarranted access.U can’t stop if they want to That’s why the card should have a “reasonable” cap, which is make sense for the holder, not “more than” what needed lol QUOTE(6UE5T @ May 19 2018, 05:39 PM) But that means the so called 'targeted' subsidy will still miss the target a bit or can still be subject to abuse or profiteering. That's why Indonesia also has not yet been able to do it and still resorting to subsidy for all. previously bn moved the subsidy to brim, reduce tax and other direct subsidy method.This post has been edited by Invince_Z: May 19 2018, 06:10 PM |
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May 20 2018, 11:22 AM
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1,680 posts Joined: Jan 2003 From: Cyberjaya |
QUOTE(Invince_Z @ May 19 2018, 06:09 PM) the best way is to use ic as identification with fingerprint and pin to confirm transaction. i'm not sure jpn will be willing to share their info. it'll endanger our personal info to outside unwarranted access. Something like Apple's Secure Enclave technology?previously bn moved the subsidy to brim, reduce tax and other direct subsidy method. |
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May 20 2018, 12:41 PM
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2,748 posts Joined: Sep 2006 From: 1337 1@nD Y(",) |
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May 20 2018, 11:04 PM
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1,704 posts Joined: Sep 2012 |
QUOTE(Invince_Z @ May 19 2018, 06:09 PM) the best way is to use ic as identification with fingerprint and pin to confirm transaction. i'm not sure jpn will be willing to share their info. it'll endanger our personal info to outside unwarranted access. Let's see if Malaysia can really do a proper targeted subsidy. I'm not so optimistic though but who knows.previously bn moved the subsidy to brim, reduce tax and other direct subsidy method. |
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May 21 2018, 08:52 AM
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Senior Member
2,748 posts Joined: Sep 2006 From: 1337 1@nD Y(",) |
QUOTE(6UE5T @ May 20 2018, 11:04 PM) Let's see if Malaysia can really do a proper targeted subsidy. I'm not so optimistic though but who knows. there have been plenty of targeted subsidy, it's not necessarily in form of petrol subsidy, the brim, rumah mampu milik, bantuan jkm/nelayan, kad siswa, ptptn (for those achieved 1st class), income tax exemption, duty stamp exemption and many others are also a form of targeted subsidy. the implementation of petrol subsdy would be quite tricky. anyway, there's always loophole in any forms of subsidy offered. what's important is reducing the loophole.This post has been edited by Invince_Z: May 21 2018, 08:57 AM |
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May 21 2018, 09:52 AM
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