Wednesday, June 18, 2008

Asian Goverment Subsidies for Petrol - Are we subsidised enought?


Some of the Asian government fuel subsidies are featured in the table above.

Despite Indonesia's price increase in May, they are surprisingly still the cheapest in the region. And China comes in as the second cheapest in Asia. That's not fair, they have so many more people and thus so many more vehicles on the road!

And third in line is us in Malaysia.

In the Sun article today, it claims that Petronas paid our goverment over RM336 billion over the last 33 years, thats RM10 billion a year. So the big question is why Petronas is unable to help absorb the rising cost of fuel despite their great profits.

Let's watch the fireworks in parliment!!






Source : Sun

23 comments:

XEQtor said...

I'm so fed up abt this subsidy issue.

Pls go ask ANY well-learned Economist if subsidies can be made to work well in the long run, in a Capitalist nation. Esp one who rely on Global trades. I shall not bore anyone here with details. Just Google and ye shall find...

IMHO, ALL subsidies have to be temporary, and MUST disappear as soon as possible. But this does not mean that they're merely removed and nothing else is done. Some other SOCIAL POLICIES have to be put in place to help mitigate the impact of these removals.

I fully support the *slow* removal of all our subsidy schemes, with new social policies being introduced as a counter-balance.

This shd be how we prepare ourselves, our nation, OUR ECONOMY, to be able to grow further.

Because we abhor pain, we refuse to go see the dentist to take care of our rotten tooth. We continue swallowing pain-killers.

Why cant we all get this into our heads? Since when is spoon-feeding ever good in the long run? Just look at what happened to the NEP.

Case in point:
If my govt is giving away free petrol for whenever I want it (my country floats on a huge pool of oil), why shd I even care if the public transportation system is broken? Why shd I even THINK abt taking public transport? I'll just go buy a cheap car and putt along to wherever I want to go.

It this the lifestyle we want our children to practice in the future?

But, had our petrol been priced at RM3.50/L, I'm sure many of us wld prolly sell our 3rd car and take a serious look at public transportation. We're sure to plan our excursions to Tesco/Giant/Carrefour to be more periodic rather than impromptu.

We will want to ensure that we upgrade our public transportation system to be as efficient as possible so that we can continue with our 'go-anywhere-anytime' lifestyles.

In the end, with a SOCIAL POLICY of having a highly efficient public transportation system, shd we really care if the price of crude oil jumps to USD5,000/barrel? (USD futures, 1 USD = 1 Yen)

How well shielded wld our economy be when that time comes?

End, case-in-point.

So, we shd not be decrying our govt for decreasing our petrol subsidy, we shd be BANGING THEIR TABLES on what they're going to do abt improving our public transportation system, as a start. What other social policies are they bringing to the table to alleviate all these?

Why are we merely opposing a justified but unpopular decision instead of pushing our govt to be more imaginative in running our country?

This is a zero sum game, ppl! If we dont bite the bullet now, it may hit us and prolly cause us bodily harm later.

I'm really sad that so many (who call themselves) bloggers missed the forest from the trees. So many merely write abt this 'unfair' price increase without drilling down to the whys and hows we shd pressure our govt to respond.

Pray tell, why shdnt we 'shoot the messenger' in this case? The 'messenger' is sending all wrong/skewed messages to the masses. Aint it amusing that our thinking continues to be as reactive as our fore-fathers?

PS. My Kompressor 'guzzles' less than 8L/100km of petrol. And I will be ok with RM3.50/L petrol.

XEQ.

Anonymous said...

[b]NationalClicks.com-Free Adult, Sexy Videos, Pictures, Games.[/b]

[b]**NOTE:[/b] We are your ONLY Free Softcore Adult Playground with over 20 Free Social Communities built towards your favorite fantasy.

You don't have a favorite fantasy? You should.

Maybe its Hot Teachers, Hot Mom's, Hot Wives, Lingerie, Daisy Dukes, Nip Slips, Sexy Legs, Booty or Panties.

Don't worry, we have you covered.

With over 20 Free Hot Social Communities to upload Pictures, Videos and Blogs we are sure to have what you want.


[b]Check it out, have some fun, interact and enjoy all the free stuff.
[/b]

Anonymous said...

[url=http://www.kfarbair.com][img]http://www.kfarbair.com/_images/_photos/photo_big7.jpg[/img][/url]

בית מלון [url=http://www.kfarbair.com]כפר בעיר[/url] - שירות חדרים אנו מספקים שירותי אירוח מגוונים כמו כן יש במקום שירות חדרים הכולל [url=http://www.kfarbair.com/eng/index.html]אחרוחות רומנטיות[/url] במחירים מיוחדים אשר מוגשות ישירות לחדרכם.

לפרטים נוספים אנא לפנות לעמוד המלון - [url=http://kfarbair.com]כפר בעיר[/url] [url=http://www.kfarbair.com/contact.html][img]http://www.kfarbair.com/_images/apixel.gif[/img][/url]

Anonymous said...

Just become a member in few minutes. Wanna send you guys a warm hello!
Glad to be here with you!!

Anonymous said...

Nice brief and this enter helped me alot in my college assignement. Thank you seeking your information.

Anonymous said...

Amiable fill someone in on and this mail helped me alot in my college assignement. Thanks you as your information.

Anonymous said...

Opulently I assent to but I contemplate the brief should acquire more info then it has.

Anonymous said...

Well I agree but I think the list inform should secure more info then it has.

Anonymous said...

You have to express more your opinion to attract more readers, because just a video or plain text without any personal approach is not that valuable. But it is just form my point of view

Anonymous said...

[b]Transcend SDHC 8G[/b]

[url=http://info.je1.ru/GPS_039.html]Подробнее...[/url]

Anonymous said...

Good afternoon

We do not agree with this year BRIT awards 2010 decision.

Please attend our little survey

http://micropoll.com/t/KDqOnZBCWt

Lady Gaga can not be better than heavy metal

Poll supported by BRIT awards 2010 sponsor femmestyle
[url=http://www.femmestyle.ch/nosecorrection.html]nasenkorrektur[/url]

Pet Shop Boys surprise lucky BRITs fan with a MasterCard Priceless Gig in their living room

Anonymous said...

Nice post and this post helped me alot in my college assignement. Thanks you on your information.

Anonymous said...

Not sure where to post this but I wanted to ask if anyone has heard of National Clicks?

Can someone help me find it?

Overheard some co-workers talking about it all week but didn't have time to ask so I thought I would post it here to see if someone could help me out.

Seems to be getting alot of buzz right now.

Thanks

Anonymous said...

500 love making tips -
acid alkaline diet -
advanced defrag -
alpha male system -
amazing cover letters -
anti spyware -
anti spyware bot -
article rewriter -
art of approaching -
auto cash system -
burnthefat -
burn the fat -
bv cures -
calling men -
camera dollars -
carb rotation diet -
cash making power sites -
cb mall -
combat the fat -
conversationalhypnosis -
conversational hypnosis -
credit secrets bible -
destroy hemorrhoids -
dirty talking guide -
dotcom income secrets -
duplicate file cleaner -
dvd copy pro -
earth4energy -
earth 4 energy -
easy launcher -
easy system cleaner -
eatstopeat -
eat stop eat -
eczema free forever -

Anonymous said...

end your tinnitus -
error nuker -
fatburningfurnace -
fat burning furnace -
fat loss 4 idiots -
final sync -
firewall gold -
fitness model program -
fit over 40 -
fit yummy yummy -
flattenyourabs -
flatten your abs -
forex candlesticks made easy -
forex killer -
forex megadroid -
get rid of your cellulite -
g money pro -
google shadow -
governmentregistry -
government registry -
gov resources -
health biz in a box -
homemadeenergy -
home made energy -
hybrid water power -
i software tv -
joyful tomato -
keyword spy pro -
kingdom of pets -
macro virus -
malware bot -
maternityacupressure -
maternity acupressure -
meet your sweet -

Anonymous said...

microcap millionaires -
moles warts removal -
mole wart removal -
muscle gaining secrets -
natural cure for yeast infection -
paid surveys etc -
panic away -
pdf creator -
public records pro -
quick article pro -
quick income blueprint -
quit smoking today -
ranking loophole -
reg clean -
reg defense -
regi cleanse -
registry easy -
registry genius -
registry winner -
reg sweep -
reg tool -
reverse mobile -
richard mackenzie direct -
rig worker -
rocket chinese -
rocket french -
rocket german -
rotator cuff training -
rss feeds submit -
save the marriage -
site builder elite -
six figure yearly 2009 -
sleep tracks -
sold in 21 days -

Anonymous said...

spyware stop -
stop being tired -
stop your hair loss -
the bad breath report -
thedietsolutionprogram -
the diet solution program -
tonsil stones remedies -
top secret magic code -
truth about abs -
turbulence training -
turn your photos into cash -
vincedelmontefitness -
vince del monte fitness -
warp speed fat loss -
wedding speech 4u -
win clear -
xbox 360 red light fix -
xp repair pro -
1st promotion -
3 redlight fix -
500 love making tips -
acid alkaline diet -
advanced defrag -
anti spyware -
anti spyware bot -
art of approaching -
banish rosacea -
blog lock down -
brad yates -
building a chicken coop -
burnthefat -
burn the fat -
carb rotation diet -
combat the fat -

Anonymous said...

conversationalhypnosis -
conversational hypnosis -
copy n profit -
credit secrets bible -
cure angular cheilitis -
cure morning sickness -
dirty talking guide -
domain tweak system -
dotcom income secrets -
duplicate file cleaner -
earth4energy -
earth 4 energy -
easy launcher -
easy system cleaner -
eatstopeat -
eat stop eat -
eczema free forever -
email finder -
energy 2 green -
error nuker -
evidence smart -
fat burning furnace -
fat loss 4 idiots -
final sync -
fitness model program -
fit yummy yummy -
flattenyourabs -
forex enterprise -
governmentregistry -
government registry -
home job stop -
homemadeenergy -
home made energy -
how do i get him back -

Anonymous said...

hyper vre -
keyword spy pro -
kingdom of pets -
mafia war secrets -
malware bot -
master cleanse secrets -
maternityacupressure -
maternity acupressure -
maximum paid surveys -
meet your sweet -
mobile tv pro -
musclegainingsecrets -
muscle gaining secrets -
my dish biz -
one minute cure -
paid surveys online -
panic away -
pc tv 4 me -
pdf creator -
perfect optimizer -
pick the gender of your baby -
plr wholesaler -
private niche empire -
project quick cash -
public records pro -
pull your ex back -
quick article pro -
quit smoking today -
reality creation secrets -
reg clean -
regi cleanse -
registry easy -
registry fix -
registry winner -

Anonymous said...

reg sweep -
reg tool -
reverse mobile -
reverse phone detective -
richard mackenzie direct -
rich garbage man -
rocket chinese -
rocket french -
seize cars -
shop until you drop -
six figure yearly 2009 -
sleep tracks -
spyware nuker -
spyware stop -
sunshine 4u -
the bad breath report -
the cash1234 system -
thedietsolutionprogram -
the diet solution program -
the free car -
the lazy marketer -
tonsil stones remedies -
truth about abs -
truth about diets -
turbulence training -
vincedelmontefitness -
vince del monte fitness -
violin master pro -
warp speed fat loss -
wedding speech 4u -
xp repair pro -
yeast infection no more -
2ip hosting -
10 minute forex wealth builder -

Anonymous said...

30 minute back links -
500 love making tips -
acid alkaline diet -
advanced defrag -
affiliate jackpot -
anti spyware -
art of approaching -
battery reconditioning -
blogging to the bank -
burnthefat -
burn the fat -
carb rotation diet -
carp evolution -
cb bonus domination -
combat the fat -
content website builder -
conversationalhypnosis -
conversational hypnosis -
cure angular cheilitis -
cure morning sickness -
dirty talking guide -
driver robot -
earth4energy -
earth 4 energy -
easy launcher -
easy system cleaner -
eatstopeat -
eat stop eat -
error smart -
evidence eraser -
evidence smart -
fatburningfurnace -
fat loss 4 idiots -
fitness model program -

Anonymous said...

fit yummy yummy -
flattenyourabs -
flatten your abs -
forex trading machine -
forex trading made ez -
get your exgirlfriend back -
google snatch -
governmentregistry -
government registry -
grow taller 4 idiots -
guy gets girl -
hcg recipes -
homemadeenergy -
home made energy -
how to break 80 -
hyper vre -
instant domain cash -
i software tv -
jamo rama acoustic -
linden method -
lose the back pain -
magni work -
maternityacupressure -
maternity acupressure -
musclegainingsecrets -
muscle gaining secrets -
negative calorie diet -
one minute cure -
one week marketing -
only 4 gamers -
paid surveys online -
panic away -
pc on point -
pc tv 4 me -

Anonymous said...

perfect optimizer -
phone number scan -
pick the gender of your bady -
power 4 home -
profit lance -
public records pro -
quantum mind power -
quit smoking today -
recipe secrets -
reg clean -
regi cleanse -
registry easy -
registry winner -
reg sweep -
reverse mobile -
reverse phone detective -
revolutioniz -
richard markenzie direct -
sale hoo -
simple php -
smtp 2 go -
spyware nuker -
surveys 4 checks -
tax liens made easy -
the bad breath report -
thedietsolutionprogram -
the diet solution program -
the handcrafters companion -
the retired millionaire -
the super mind evolution system -
truth about abs -
truth about diets -
turbulence training -