No reason to raise petrol price when crude oil price is at a 3-year low – Chong Zhemin

December 12, 2014

Dateline 2014-10-01, Malaysian Insider:

Barisan Nasional has decided to increase the petrol prices at a time when the people are suffering from rising cost of living. This is not only a betrayal to the people’s trust but also a huge burden to the people.

And this is done when the international oil price has fallen to the lowest in nearly three years,

Yesterday, India and United Kingdom announced a reduction in petrol prices, making the petrol hike in Malaysia all the more ironic.

India announced a drop in petrol price by 65 paise (4 sen). United Kingdom has also reduce the petrol prices by 5 pence (27 sen). So, there is absolutely no reason for Najib administration to increase the petrol price when countries around the world are reducing petrol prices.

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Is Malaysia’s Ruling Party Trying To Take Over Petronas?

August 28, 2014

Link bait. Please chomp.

Dateline 2014-06-27, Valuewalk (huh?):

Petronas, Malaysia’s state-owned oil company, may be the target of take over by Barisan Nasional. While politicians have long interfered with the state-owned oil company’s operations, it appears that current CEO Tan Sri Shamsul Abbas is apparently coming under pressure to step down and elements of Malaysia’s ruling party are trying to remove him.

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Posted by Wata