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 Fuel Subsidy CUT: diesel and then RON95, A lot of talk but will we walk the walk?

Do you think our country have the guts to do it?
 
Yes, like very soon (2024) [ 27 ] ** [25.23%]
Very Likely (some delay is still to be expected) [ 35 ] ** [32.71%]
Wait and See (the government will keep delaying) [ 23 ] ** [21.50%]
No way (only talks socks sing song) [ 16 ] ** [14.95%]
Absolutely never (it will be suicidal to the grand scheme of things) [ 6 ] ** [5.61%]
Total Votes: 107
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TSEnergyAnalyst
post Dec 1 2023, 04:17 PM, updated 12 months ago

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This seems to come on and off. Here is the latest notice.

https://www.malaymail.com/news/malaysia/202...inequity/104433

QUOTE
Rafizi confirms new RON95 subsidy programme will be announced next year to address inequity


This post has been edited by EnergyAnalyst: Dec 4 2023, 09:02 AM
TSEnergyAnalyst
post Dec 1 2023, 11:08 PM

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QUOTE(Jingle91 @ Dec 1 2023, 05:22 PM)
The issues is how do they define the T20? I was told as long household income is over 12k per mth, then will be defined as T20, if there is true, pls ask rubbishzi to come Bukit Bintang after he implement his stupid policy, see how would ppl spit on his face.

Any couple who work in Klang valley can easily earn over 12k a mth, but a household with 12k is still consider poor in Klang valley as we need to pay for inflated groceries, house loan, and education fees.
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Lower than 12k, bro.
QUOTE
The T20 is defined by the Department of Statistics as a household with a combined income of at least RM10,960 a month.

Data in 2020 showed that the median income of households in Malaysia is RM5,209 while the mean is RM7,089. The mean income of households in the Federal Territories of Putrajaya and Kuala Lumpur exceeded the T20 bracket (RM12,322 and RM11,720 respectively).




https://www.malaymail.com/news/malaysia/202...inequity/104433
TSEnergyAnalyst
post Dec 2 2023, 03:37 PM

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QUOTE(Thrust @ Dec 2 2023, 11:29 AM)
To me, if want to take away subsidy, take all away..

Don't just subsidize a certain segment of the society.
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QUOTE(bigduck @ Dec 2 2023, 02:41 PM)
agreed, too bad they will never do it out of political reasons
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https://mier.org.my/rafizi-govt-to-roll-out...0subsidy%20card.


IF I decipher this correctly, government may just do take away all if not a big portion of the subsidy and provide subsidy car only to targeted group.

QUOTE
The programme will be implemented using three mechanisms, which are based on individual net disposable income, net disposable household income through social protection or assistance schemes, as well as a combination of household and individual earnings, which will be implemented using a subsidy card.


So my take is subsidy card will be issued like how they issue diesel subsidy car to fisherman....To whomever they deemed still need help



TSEnergyAnalyst
post Dec 4 2023, 09:16 AM

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QUOTE(Icehart @ Dec 4 2023, 01:28 AM)
They should just remove all.
Then no need the administration headache to implement, monitor and enforce. Better way to use that manpower on something more productive.
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QUOTE(Mavik @ Dec 4 2023, 08:42 AM)
Yes, I agree with this. Just need to rip the band-aid off and slowly let the market correct itself.
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That would be political suicides, unity government would not have the guts.

They have been operating on a similar mode via re- distributing wealth by taxing more on the rich and big company and going more easy or even helping on the smaller guys....and smaller businesses

An example will be when luxury tax is announced, RM2500 e bike incentive is announced for those who earns less than 'RM120,000 per year

TSEnergyAnalyst
post Dec 4 2023, 12:26 PM

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https://docs.google.com/forms/d/e/1FAIpQLSc...5R-gwQ/viewform

Please.take the survey conducted by our government
TSEnergyAnalyst
post Oct 19 2024, 12:34 AM

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https://www.straitstimes.com/asia/se-asia/a...a-s-budget-2025

Datuk Seri Anwar on Oct 18 said that the government will remove fuel subsidies for RON 95, a heavily subsidised petrol, by the middle of 2025.
TSEnergyAnalyst
post Nov 6 2024, 01:40 AM

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Mid 2025 Ron 95 next
TSEnergyAnalyst
post Nov 6 2024, 10:46 AM

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QUOTE(littlefire @ Nov 6 2024, 09:27 AM)
Well, why our neighbour country (Thailand/Indonesia) can still survive, sell cheap food even their fuel price are higher than us?  hmm.gif
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Because they smuggle our cheap and subsidized fuel, etc.?

😂
TSEnergyAnalyst
post Nov 6 2024, 10:59 AM

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QUOTE(littlefire @ Nov 6 2024, 10:48 AM)
If nearboring border maybe yes, but overall country still cheaper than us.
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How about because Malaysian like to contribute to their country?

https://www.bernama.com/en/news.php?id=2359848
TSEnergyAnalyst
post Nov 6 2024, 01:22 PM

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QUOTE(littlefire @ Nov 6 2024, 11:13 AM)
They are cheap at first somemore more "freedom", that why most Malaysian like to visit them.  brows.gif  devil.gif  innocent.gif
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Yeah Amazing Thailand
TSEnergyAnalyst
post Nov 7 2024, 08:08 PM

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https://theedgemalaysia.com/node/733005



Drum rolling.....

Ladies and Gentlemen, introducing 2-tier pricing
» Click to show Spoiler - click again to hide... «

TSEnergyAnalyst
post Nov 10 2024, 08:28 AM

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QUOTE(amscouzach57 @ Nov 10 2024, 07:16 AM)
You know that some of the fishermen was part of the buggers that smuggled subsidised diesel to the smuggling cartel.
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Alas, these bad apples are still rotting to the core and they are the ones who are the most vocal and cry the loudest cry for help without guilt and against any conscience.

Misappropriated targetted subsidy sadly is how some people having been making their living i.e. by continue ripping off government and other tax payers.

All this brings back to the tragic logic of subsidy....Which should really just aid the truly deserving ones AND it cannot be perpetual, it must go out altogether by certain time frame .

And time limit needs to be adhered to. They cannot be extended numerously like what has happened in the past. It only earns no respect of time and make no respect of the government of the day.

A good government cannot be just be populous. It need to be not just hand out carrots but also pull out sticks when the time for doing so is called for.

I find Norwefian government most aspiring and leading by a good example.

They are not the biggest country in Europe yet they have among the best governance, and you can really emulate some of their best practices.

This post has been edited by EnergyAnalyst: Nov 10 2024, 08:30 AM
TSEnergyAnalyst
post Nov 12 2024, 11:35 PM

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https://www.freemalaysiatoday.com/category/...-ron95-subsidy/

Economy minister Rafizi Ramli today explained why RON95 subsidies cannot be distributed based on vehicle ownership or through direct cash transfers.


Rafizi said data from the road transport department (JPJ), analysed by Padu, showed that about 40% of B60 households do not have registered vehicles.

“This presents a problem because while we may think that vehicle registration could be an effective tool for targeting subsidy adjustments, the reality is that many lower-income households actually do not have a registered vehicle in their name.

“For instance, one family may share a motorcycle under a single registration name,” he said when responding to a supplementary question from Suhaizan Kaiat (PH-Pulai) during Minister’s Question Time in the Dewan Rakyat.


Economy minister Rafizi Ramli said data from JPJ showed that about 40% of B60 households do not have registered vehicles. (Bernama pic)
KUALA LUMPUR: Economy minister Rafizi Ramli today explained why RON95 subsidies cannot be distributed based on vehicle ownership or through direct cash transfers.

Rafizi said data from the road transport department (JPJ), analysed by Padu, showed that about 40% of B60 households do not have registered vehicles.


“This presents a problem because while we may think that vehicle registration could be an effective tool for targeting subsidy adjustments, the reality is that many lower-income households actually do not have a registered vehicle in their name.

“For instance, one family may share a motorcycle under a single registration name,” he said when responding to a supplementary question from Suhaizan Kaiat (PH-Pulai) during Minister’s Question Time in the Dewan Rakyat.

Suhaizan had asked for Rafizi’s views on a suggestion for an adjustable petrol levy to be paid by drivers when renewing road tax to streamline subsidies, instead of providing direct subsidies at the pump.

Rafizi cited similar challenges encountered when targeting diesel subsidies, where individuals sometimes register vehicles under the names of others, leading to data mismatches.

As such, he said, using vehicle registration data alone could lead to significant exclusions among intended subsidy recipients.

FMT previously reported the Federation of Malaysian Consumers Associations (Fomca) as saying that the two-tier pricing system for RON95 petrol under the incoming targeted subsidy programme should be linked to vehicle registrations instead of identity cards.

Fomca CEO Saravanan Thambirajah echoed former Umno man Shahril Hamdan’s opinion, expressed in an episode of the Keluar Sekejap podcast, that an IC verification system would be prone to abuse.

Shahril himself mooted using cash rebates as a way to reduce subsidy leakages.

Rafizi also said the government had considered the cash transfer method, an approach used in most countries that do not give subsidies to their citizens.

“However, our government has found that this approach poses a high risk of driving up prices. That’s why the government has chosen the current approach (two-tier pricing system),” he said in response to a supplementary question from Abdul Latiff Abdul Rahman (PN-Kuala Krai).


Latif had asked whether there are international models that Malaysia could look to as examples for implementing subsidy rationalisation.

Rafizi said Malaysia is the reference, as most countries have transitioned to market pricing for fuel, with no country offering subsidies as extensive as Malaysia’s.

“Other countries simply do not have a situation like Malaysia’s. Nearly all countries now use direct cash transfers – floating the prices and then providing monthly cash assistance to the people,” he said.
TSEnergyAnalyst
post Nov 14 2024, 10:50 PM

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QUOTE(Jason @ Nov 14 2024, 09:51 AM)
They are retarded… why so hard to implement

Just want to make it complicated so their crony can do project to implement this.

1. Remove all subsidy at the pump
2. Every Malaysian with valid drivers license entitled for subsided 150L per month.
3. Enter your IC number at the pump/counter keypad and pay retail price for petrol.
4. Gahmen immediately rebate the subsidy amount to your e-wallet or bank account.

150L more than enough for motorcycles and almost 4 full tank for Myvi — about 1600km a month. Your car high cc high fuel consumption you makan sendiri. Couple then make sure wife also got license, B2 free kan.

Habis cerita. Right now minister complain smugglers and rich ppl using more subsidy. This solves it. Rich man ask driver to pump petrol, driver enter his own IC and get rebate. Good for him but still limited to 150L a month.
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Rich man may just ask his driver to get a few more" petrol fillers " to use their NRIC and allocation , so we create a different kind of 'fisherman" in the case of diesel subsidy

When there is a will there is a way to beat your described system
TSEnergyAnalyst
post Nov 15 2024, 09:53 AM

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QUOTE(Jason @ Nov 15 2024, 09:19 AM)
The money goes to the IC that was used, not the rich man/petrol filler. Husband pump petrol, his own 150L finish he enter his wife's IC#, money goes to the wife.

If you entered my IC to pump petrol, money comes to me, using my quota from the 150L allocation. I wouldn't give you anything. The subsidy is like RM1~2/L, 150L only nets RM300.. what is there to give you back lah lol.
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Oh I have misread your plan but you maybe surprised how many people in rural area is willing to let their NRIC and e wallet be HAD for a promised fixed undeclared income

How do you think the below can happen ?

https://www.thestar.com.my/news/nation/2024...nd039s-sg-golok

I have worked in Kelantan states for 5 years in my youth and I have seen during 1990 to 2000 where some penghulu and their cohorts offering up NRICs of their villagers to be mule for some rich folks there in applying IPO and opening bank accounts....

Having everything digital now only makes it easier as all one need is an e wallet , and we both know how handphone number registered in one's name imay not be carried by the registered number owner and is almost as good and as secured as Cash

This post has been edited by EnergyAnalyst: Nov 15 2024, 10:48 AM
TSEnergyAnalyst
post Nov 15 2024, 12:03 PM

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It suffice to say it sucks to be pure petrol stations these days...

https://www.bangkokpost.com/thailand/genera...-tame-smuggling

As if diesel thingy already did not make their businesses hard enough, they have to contend themselves with

https://www.malaymail.com/news/malaysia/202...s-rafizi/156593


QUOTE
Rafizi said the government acknowledges the challenges in implementing the project.

"These challenges include infrastructure issues, particularly, slow internet access in rural areas and damaged ID card chips, risks of identity verification and potential misuse of ID cards.


"Therefore, the government is committed to ensuring that the chosen mechanism is appropriate and does not burden the public,” he said.


More reason why we should switch EV even cheap ones to pay less visit to petrol stations unless they have EV Charges there
TSEnergyAnalyst
post Dec 1 2024, 12:35 AM

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BLAST from the PAST

https://theedgemalaysia.com/article/fuel-su...thly-says-husni

See you are paying attention or sleeping
TSEnergyAnalyst
post Dec 1 2024, 12:47 AM

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QUOTE(ipohps3 @ Dec 1 2024, 12:39 AM)
need calculate the 10 year inflation
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console.gif thumbsup.gif

You ARE paying attention. wink.gif
TSEnergyAnalyst
post Dec 3 2024, 07:24 AM

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https://www.nst.com.my/news-cars-bikes-truc...-going-electric

Food for thoughts

QUOTE
Zero energy bill by going electric
By Shamsul Yunos
December 2, 2024 @ 8:34pm

...It just never really occurred to me that purchasing an electric car would be the catalyst for making solar roof such a good financial move especially as the government is mulling the possibility of modifying the current petrol subsidy system to exclude a large portion of the population.

After all most people don't really take the environment into account when they buy a car but they do take into account running cost, maintenance, insurance and monthly payments.

By looking at car and solar as a package, buyers would see a much larger financial benefit of making the move to electric vehicles.

In any case, the move to electric vehicles cannot rely on government incentives beyond the first few years where it is necessary to attract early buyers to the technology but beyond that they have to stand on their own merit.

Stories like that of Mushab and his young family who represents the average Malaysian family is the sort that will make people think that they too should make the transition.

Once there is no financial penalty in the purchase price of an electric vehicle, people will need to overcome their concerns with the cost of battery replacement and the longevity of the batteries but it seems that worry is fast evaporating.

The proof of this renewed confidence in batteries can be seen in the resurgence of hybrid sales in Malaysia and around the world.

Just a few years ago any suggestion of hybrid would be met with a frown and a question about the cost of battery replacement because many of us have heard about the jaw dropping prices of post-warranty battery replacement for hybrids. 

The prospect of never having to pay for neither electricity nor petrol can be one of the most compelling reason to make the EV transition. I'm sorry of you live in a highrise.

TSEnergyAnalyst
post Dec 17 2024, 01:32 AM

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https://soyacincau.com/2024/12/16/proton-em...e-specs-launch/

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Click into the link for more perks

Trade in your ICE, more rebates if they are Proton ICEs

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