Archive for June 5th, 2008

PM should seek Parliament approval on June 23 for hefty oil price increases

Ipoh’s protest :
Lim Kit Siang leading Perak's MPs and State Assemblymen and Women at Ipoh's Protest Protestor
KL’s protest :

Some hundred people, including DAP MP for Ipoh Barat, M. Kulasegaran, Perak State Assembly Speaker Sivakumar, Perak DAP State Excos Su Keong Siong, A. Sivanesan and Chen Fook Chye and DAP Perak Assembly members Leong Mee Meng (Jalong), Lim Pek Har (Menglembu), Ong Boon Piow (Tebing Tinggi) and Siva Subramanian (Buntong), together with representatives from trade unions and NGOs, gathered outside the Perak Federal Building this morning to fire the first salvo of protest on behalf of Malaysians at the hefty and unconscionable increase of oil prices yesterday.

The half-hour protest went off smoothly, with Kula, Su, Sivanesan, Chen and myself speaking briefly on the protest.

In Kuala Lumpur, a similar protest, attended by five DAP Federal Territory MPs (Dr. Tan Seng Giaw, Fong Kui Lun, Tan Kok Wai, Teresa Kok, Lim Lip Eng), Manogaran (MP – Teluk Intan) and Selangor DAP State Assemblywoman Jenice Lee Ying Ha (Teratai), was held at the Pudu Market, Jalan Pasar.

Excerpts of my remarks at the Ipoh Protest this morning:

The sudden hefty oil price increases – 40.6 per cent and 63.3 per cent increase in pump petrol price and diesel price respectively – creating a seven-hour nation-wide chaos is an outrage as it is most unconscionable, unjustifiable and deplorable reflecting poorly on good governance in Malaysia especially after ministerial undertaking that there would be no changes until August.

The introduction of annual cash rebate of RM625 to those who own cars of 2,000 cc and below, and pick-up trucks and jeeps of 2,500 cc and below, and cash rebate of RM150 a year for owners of motor-cycles of 250 cc and below, as well as road tax discounts, will not be able to fully cushion the low and middle-income Malaysians from the inflationary spiral which would be unleashed by the greatest hike in oil prices in the nation’s history.

Equally of concern will be the deterioration of the public safety index, with the expected worsening of the crime situation which has already become an endemic problem causing Malaysians, tourists and investors to fear for their personal safety, their loved ones and the safety of property as well! Read the rest of this entry »