Petrol price is up by 20 cents. The last hike was in December 2010. The funny part was it was hiked without even informing or alerting. It's increase of 10.5%.
We are still 2nd lowest in South east asia, but how long you going to stick on it.Other countries has better transportation system. By raise of fuel price, the transporter and logistic provider will raise their charges. That will affect the suppliers and producer of goods.
This directly raise the cost of product which the burden will come back to the public through raise in cost of living and inflation.
Just look at Singapore and I don't even need a car to travel around. Thus, I would not even bother about car price or petrol price.
It's a good Merdeka gift from Bee Ann government, so that the ministers can pocket the money for their family members.
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