If you noticed in the news, our government always justify the increase by saying that our fuel price is still lower than Singapore. Where ever they go, they will always compare with Singapore, Thailand. The statistic released by MalaysiaKini may be can help us to determine whether our $2.70/litre is still cheap or not.

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In The STAR today also reported that the price effects begin to kick in.  Just a day after the announcement of the increases, the following developments have taken place:

  • Bus and lorry companies announced that they are increasing charges or will be forced to stop services;
  • The Federation of Malaysian Manufacturers said its members will pass on any increase in costs to consumers;
  • Hawkers and other food operators will wait and see before raising prices; and

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