New Malaysia Budget

The summary of the new Malaysia Budget:-

• RM500 exemption fee for broadband fee
• Credit Card Service Tax of RM50 / year for Principle Card and RM25 / year for supplementary card
• Raising the personal relief by RM1,000 to RM9,000.
• Rich people will only pay 26% tax instead of 27% currently
• 5% property gain tax

I hope I am getting it correctly, feel free to correct me and if I missed out anything, let me know too. Thanks.

1 Million Allocated for Michelle Yeoh fiance, Jean Todt

It is true that 1 million is allocated for Jean Todt, who is Datuk Michelle Yeoh fiance. He is paid as the ambassador of Malaysia Tourism. I guess people are no happy and the other side of the argument by Yen Yen about this RM1million allocation.

Gas Price at 1.90/litre

Another great news because oil barrel have dropped to all time low in three years. Our petrol price is only 2 sen lesser compare to a year ago???

RM2.00/litre

This is great news again. Cheaper petrol, but I still do not see other businesses or retail business reducing their price, especially food when newspaper says that they are restaurant doing it voluntarily.

Malaysia Fuel Price

Our Fuel / Petrol Price for RON97 is now RM2.45/litre and RON92 is RM2.30/litre while diesel will pay RM2.40/litre.

This is good…we hope that it continues.

Also hope that our manufacturing industry and food industry will revert their price…which is highly unlikely that they do.

RPK to be detained 2 years under ISA

This is a breaking news and you can find the orginal news here. He will be held without trial and be detained at Kamunting.  

What is your view for this?

Anwar the Next Malaysia Prime Minister

I did not know that being underdog also have his rights to demand for terms. But I am still looking forward to see what Anwar would do when he is our Prime Minister. It is not happening today as promised by Anwar to take over the government on Sept 16th 2008.

Here is his terms to our current PM.

1) That Barisan does not hinder or prevent the MPs from acting in accordance with their conscience, constitutional rights and independentjudgement;

2) That the Barisan government should not invoke the Internal Security Act to detain the MPs or any other current Pakatan MPs;

3) That the Barisan government does not invoke emergency laws or police powers or suspend the Constitution or dissolve Parliament; and

4) That the Barisan government shall not impose roadblocks or impede MPs from going to Parliament or any institution of government.

Crude Oil Price Down by 16%

Should we have an adjusted price in our petrol since the Crude Oil Price is down to RM125/barrel as of yesterday. What happen to the review of price monthly, I hope it is going to be down by the first thing next month.

Government should not avoid talking about this issue because it is critical and everything have already inflated. Doubt that commercial product will have a reduction in their prices but at least petrol will lossen the burden of their citizen.

If you have a blog or a website, please write about this to urge for this issue.

Another issue is that we could remove excise taxes on import of cars so that we could purchase cars that have better fuel saving features or even hybrids that are cheaper.