The last time around, at the end of June 2015, petrol pump prices rose by 10-20 sen per litre under our 'wonderful' monthly float system even though the global oil price fell during the month. So what will the...
The wonders of our float system as our pump prices go up even as the global oil price in an oversupplied market hits a three-week low. How is this possible? It would appear that public coffers badly need the...
Even as Asean goes about forming the Asean Community in 2015, a major regional controversy is brewing in the Mekong Delta, where a Malaysian firm Mega First Corporation Bhd plans to build a 256MW dam. [googlemaps https://www.google.com/maps/embed?pb=!1m25!1m8!1m3!1d7806242.792431344!2d105.313198!3d17.187618!3m2!1i1024!2i768!4f13.1!4m14!1i0!3e6!4m5!1s0x3128a6c7420d0173%3A0x7a3a73a18748e18a!2sXayaburi+Dam!3m2!1d19.254016999999997!2d101.813667!4m5!1s0x31130ff0c26e905d%3A0x60650fedcf8f235a!2sDon+Sahong+Dam!3m2!1d13.943852999999999!2d105.956283!5e0!3m2!1sen!2smy!4v1418460504950&w=600&h=450] The Don Sahong...
The plunge in global oil prices will lead to much lower Petronas - and consequently, government - revenue and worsen the government's fiscal deficit. Some key points extracted from this report in the Edge: - low oil prices are a...
As you can see, the global oil price has actually dropped over the last few years. So why has the domestic oil price gone up by 20 sen per litre? This is a press statement from Institute Rakyat: Not just...