5th June 2008 , Thursday

Yes, Prime Minister Datuk Seri Abdullah Ahmad Badawi has announced the new price of premium leaded petrol (ULG 97) is RM2.70 per litre, beginning 5th June 2008 . The price for ULG 92 petrol per litre went up by 74 sen to RM2.62. Diesel will go up by RM1 per litre to RM2.58. The 78 sen hike or 40 per cent increase for the ULG 97 petrol is still below the antiticpated RM4 per litre price projected earlier and among the cheapest in Asia.

Abdullah also announced a RM625 annual cash rebate per vehicle, for owners of private vehicles with engine capacities of up to 2,000cc, as well as pickup trucks and jeeps with engine capacities of up to 2,500cc.

Owners of private motorcycles with engine capacities of up to 250cc will receive RM150.

Payment will be made via Money Order upon renewal of road tax, from July 1.

For owners of private vehicles with engine capacities exceeding 2000cc, road tax will be reduced by RM200.

Owners of private motorcycles with engine capacities above 250 cc will get RM50 reduction in road tax.

I just filled in the gas on Tuesday … Erm, I just drive a Kancil , so I will have the RM625 annual cash rebate.

Good luck all the drivers !

[ Resources compiled from http://nst.com.my/ and http://thestar.com.my/ ]

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