{"id":8287,"date":"2014-01-24T17:04:27","date_gmt":"2014-01-24T09:04:27","guid":{"rendered":"http:\/\/www.imoney.my\/articles\/?p=8287"},"modified":"2021-07-28T10:43:29","modified_gmt":"2021-07-28T02:43:29","slug":"ron95-limit","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/ron95-limit","title":{"rendered":"No RON95 For \u201cUndeserving\u201d Malaysians Come Mid-2014"},"content":{"rendered":"
According to Federal Territories minister Datuk Seri Tengku Adnan Tengku Mansor on January 23, 2014, the government is looking to limit the subsidised price of RON95 fuel (currently priced at RM2.10 per litre with subsidy of 63 sen) to \u201cdeserving Malaysians\u201d (i.e. the poor), leaving those deemed \u201cundeserving\u201d with no choice but to use the unsubsidised RON97 fuel (currently priced at RM2.80 per litre).<\/p>\n This proposed new pricing policy has a tentative effect date of May or June this year after the government identifies a correct method of applying it.<\/p>\n The issue of price hikes in petrol has been stoking the flames of discontent among Malaysian drivers with the most recent price adjustments to RON95 and RON97 petrol to take effect on September 3, 2013 and September 5, 2013 respectively.<\/p>\n Other than directly affecting drivers in the country, the petrol price hike has also caused a domino\u2019s effect when it comes to pricing of other products, due to higher cost of transportation.<\/p>\n Many who are still reeling from the increase in cost of living have expressed their displeasure at the announcement saying that the government should first properly identify \u201cthe poor\u201d among other things.<\/p>\n What are your thoughts on the matter?<\/p>\n The government is looking to limit the subsidised price of RON95 fuel to \u201cdeserving Malaysians\u201d, leaving those deemed \u201cundeserving\u201d with no choice but to use the unsubsidised RON97 fuel.<\/p>\n","protected":false},"author":1,"featured_media":8288,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[237,216],"tags":[318],"class_list":["post-8287","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-autos","category-news-updates","tag-petrol"],"acf":[],"yoast_head":"\n<\/a>In similar fashion to the 2011 ban on sale of RON95 petrol to foreign registered vehicles, the latest news to surface now affects Malaysians as the government is set to limit the purchase of RON95 petrol.<\/p>\n
<\/span>Chronology of Fuel Price<\/span><\/h2>\n
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<\/span>It is inevitable that fuel prices are just going to keep increasing. It is high time for us to put these petrol credit cards<\/a> available to good use in order to keep our costs down.<\/strong><\/span><\/h3>\n
<\/span>You can also compare and apply for the right cards for you to combat high living costs with our online credit card comparison tool<\/a> now.<\/strong><\/span><\/h3>\n
<\/span>Find out how you can save money on petrol by answering this simple\u00a0<\/b>quiz<\/b><\/a>.<\/b><\/span><\/h3>\n
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