We have been listening to this rumors since last year, 2009. So I found this in my company email and wanted to share with you the conclusion that some people made based on the upcoming petrol price. Before that you might want to read the source below before you read down the summary:
Summary from the article:
a) The mechanism of the petrol subsidy will be announced somewhere in March 2010.
b) Only citizens with MyKad are allowed to buy the petrol with subsidy. Foreigners MUST pay the price WITHOUT the subsidy. (I totally agree with that approach because the company that I'm currently working for pay a very high allowance + salary to the expatriates. Almost RM6000 for their total allowance for 2 weeks staying here? This is so ridiculous or maybe just because of the currency. Who cares!)
c) The subsidy system will be managed by Maybank (I wonder what are their precaution steps to avoid fraudulent?)
d) The subsidy mechanism test will be launched in the end of March or April.
e) The petrol subsidy is only limited to 200 - 300 liter per month depends on the engine capacity of the vehicle. Therefore, when the car owner has exceeded the 300 liter in a month (as an example) they have to pay the petrol price without the subsidy.
f) There will be no subsidy for the engine capacity of 2000 cc and above. (So now I feel lucky to drive a very cheap car with only 660cc.. =D)
g) Company cars are not eligible for the petrol subsidy.
h) The RON 95 petrol price after subsidized is RM 1.90/liter. Without subsidy shall be RM 2.10/liter. (subject to changes based on government announcement. It could be higher as what had happened during the last time they increased the petrol price. So watch out!)
i) The RON 97 petrol price without subsidy will be RM 2.50/liter.
Here are some suggestions that you should do as a USER:
a) If you own more than one car, change the car owner's to your wife, your children etc so that every car that you have can get the petrol with the subsidized price.
b) For those who bought a car without changing the official owner's name of the car, you better do it immediately to get the subsidy.
c) It is recommended to buy/drive cars with low engine capacity like KANCIL or motorcycle!
d) You should make a request to your top management to increase your petrol allowance to do your particular job because the 300 liter maximum only for personal use.
e) Ensure your MyKad chip can fully function.
f) Alert to all your relatives, friends, colleagues etc so that everybody will aware of this new petrol price and they can properly manage their future financial planning.
p/s: Soalan cepumas... Who's going to get the advantage of having the increase in petrol price??? The answer is...
Oil & Gas Companies!! Hehehe~ $_$
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