by Mitchell W.
It doesn't look like 2020 will be starting off on a right note, with reports saying that RON95 price is going UP!
“This fulfills Pakatan Harapan’s 14th General Election pledge which is to provide fuel subsidy only for the needy,” says Domestic Trade and Consumer Affairs Minister Datuk Seri Saifuddin Nasution Ismail, yesterday.
Car owners who are entitled to the Bantuan Sara Hidup (BSH) scheme will receive RM120 every four months; and RM48 every four months for motorcycle owners.
Only recipients of the Bantuan Sara Hidup (BSH) who are based in Peninsular Malaysia are entitled.
Eligible recipients will receive payment via cash transferred into their bank accounts, with the first payment scheduled for April 2020.
BSH recipients who have up to two cars and two motorcycles registered with the Road Transport Department (JPJ) under their names will be eligible for the scheme -- those who own three cars under their name will not be eligible.
1. 1,600cc engine and below
2. 1,600cc and above which are at least 10 years old.
1. 150cc and below
2. 150cc and above if it's 7 years old.
“The government is committed to ensuring that any price increase will be a gradual one so that it will not burden the rakyat,” said Saifuddin, adding that the ministry will also beef up enforcement to ensure that traders do not use any fuel price increase as justification to hike up the price of goods.
However, RON95 fuel prices in East Malaysia will remain at RM2.08.
Just when we started to get comfy with a set fuel price without worrying about a weekly change-up, now we're gonna have to adapt to another...
Guess we'll all just have to go Electric then -- or manual...if you get what I mean.