This stunning news was really giving me a little shock for the first time. It’s not that I’m not happy to know that the government will not granted any increase on petrol price, but the statement that government made was really ignited my rage.
All these years, we have been told that Petronas and the government couldn’t give subsidies on petrol anymore because of the high price. It is said that they would gain losses if continue to contribute subsidies.
”Malaysia plans to maintain state subsidies despite record crude oil prices,
the country’s premier said on Friday, less than a week after leading his party
to the worst election disaster in its history.”
According this news, the petrol subsidies actually were influent by the politic environment, not by Petronas’ rising operation cost over 40 billion ringgit. The poor result of election recently paid them good lesson about ‘not to play fire with us (Malaysian people) or trying to manipulate us with your excuse, excuse, and excuses.
Read the full news: Malaysia to maintain fuel subsidies