PETALING JAYA: It will provide some relief but
will not have much impact — that sums up the sentiments of
the public on the fuel price reduction yesterday.
City folk were definitely happy but many doubt
that prices of basic necessities would go down in tandem with the
Bus and lorry operators said it did not really
benefit them as prices of other goods had gone up.
Pan Malaysian Bus Operators Association president
Datuk Ashfar Ali said the reduction in fuel prices would not affect
“For us, it’s still the same. We are
still paying the subsidised rate of RM1.43 per litre for diesel,” he
He added that bus operators had also not felt
the benefit of lower fuel prices as the cost of other products
were still high.
“When the fuel prices shot up early this
year, the price of everything else — batteries, lubricating
oil and tyres — went up. Now, even though fuel prices are
down, the price of these items are not coming down,” he said.
Pan Malaysian Lorry Owners Association president
Er Sui See said that while he was happy with the reduced diesel
prices, lorry owners still would not be able to absorb the escalating
“Only a quarter of the diesel we use is
subsidised, so yes it’s good that diesel prices are down.
“But all the other costs that have gone
up are still going up. We can’t absorb the cost,” he
He gave the example of tyres, which would cost
15% more from Nov 1.
Tutor Tan Chin Swee, 48, said: “The sudden
jump in petrol price a few months ago resulted in a spiral effect
which pushed up the price of many daily necessities. I doubt that
the reduction can undo the inflationary impact that an ordinary
person is now facing.”
“Recession and inflation are inherent in
any economy and are things that we have to live with,’’ Tan
Manager Gobal Rajee, 46, said he was happy with
the reduction but felt that there would be little effect.
“We hope the prices of other goods will
go down as well, otherwise it really makes no difference,’’ he
Civil servant Karim Jaabar, 37, said it was nothing
to rejoice about if the prices of goods remain the same.
Administrative executive Theresa Heng, 49, said
it was better than nothing.