Free Cash for Bikes & Small Cars

MalaysiaKini announced that the Malaysian Government will give cash for motorcyclists, small-car owners as subsidy for the fuel hike - according to a source. Other information leaked out of the Cabinet meeting this morning: 

• Direct cash payments to motorcyclists and small-car owners when the price of petrol goes up. The payments are expected to be implemented through postal orders
• No increase for LPG cooking gas and NGV for taxis
• Gas subsidy to power industrial sector to be gradually reduced
  
• Extra tax on independent power producers (IPPs) and palm oil millers
  

The decision of the cabinet, which met this morning, will be announced at 5pm at a press conference in Prime Minister’s Department.

Currently petrol sells for about RM1.92 a litre, among the cheapest in the region.

If petrol is to be sold at full market prices, it could be as high as almost RM4 a litre - about 100 percent above current levels.

Malaysiakini, thanks but be ready for a massive surge

Now people like my aunt can read the real stories behind the spins.

Yes, Malaysiakini is free (for a week) and I want to thank Malaysiakini for being such this magnanimous gesture to enable voters to make a more informed decision.

But be ready for the big surge of traffic this few days and I hope the servers does crash.