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