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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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Icehart
post Dec 1 2023, 06:23 PM

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The government should consider eliminating all fuel subsidies altogether, rather than implementing selective subsidies for specific groups of people. The current subsidy system encourages private transport ownership, but if redirected wisely, the funds saved from these subsidies could be invested in enhancing public transportation infrastructure.
Icehart
post Dec 2 2023, 04:31 AM

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QUOTE(pcdoctor_my @ Dec 1 2023, 08:16 PM)
I've said this before.
Malaysia should had followed what Singapore did - Introduce COE .
Zero fuel subsidy in Singapore.

Yes its cruel, but thats how Singapore control its car population in the country. Can't afford COE, means cant afford a car.
However their bus and MRT is fabulous. Buses are on time unlike our RapidKL "Guess what time they arrive" .

Here - Zero downpayment and 9 years car loan. Any tomdick and harry without salary slip, can be kawtim.

Thats how bad our citizens are pampered.
*
COE was designed to limit the number of passenger cars.
It will not work so well in Malaysia because much of the government's income revenue derives from sales of passenger vehicles (Estimated to be around RM 2 Billion+-).
Icehart
post Dec 4 2023, 01:28 AM

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QUOTE(EnergyAnalyst @ Dec 2 2023, 03:37 PM)
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.
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
*
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.
Icehart
post Dec 20 2024, 02:11 PM

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I already paying diesel RM 2.95 vs RM 2.15 previously.
So one tank diesel now is RM 35 more expensive than before (For my CX5)

One full tank is approximately 650km

One month I pump twice, so one month RM 70 more expensive for me.
It is not as drastic increase as what I've expected.
Icehart
post Jan 13 2025, 11:00 AM

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QUOTE(EnergyAnalyst @ Jan 13 2025, 10:51 AM)
Many need to pump at least twice per week unfortunately, not as lucky as you to only need to pump twice a month
*
My car tank is bigger.
If I pump twice every week I'll be doing 5,200km every month.

An average consumer only drives 2,000km per month.

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