Restructuring of fuel subsidy scheme in Malaysia

Malaysia Prime Minister Datuk Seri Abdullah Ahmad Badawi has announced the restructred fuel subsidy schemes today.

Here are the cabinet's decisions on the subsidy of petrol and diesel:

• Effective 5 June 2008, RON97 petrol price rises by 78 sen from RM1.92 to RM2.70 per litre. RON92 petrol price also rises by 78 sen from RM1.88 to RM2.62 per litre.
• At the same time, diesel price also rises by RM1.00 from RM1.58 to RM2.58 per litre.
• For personal vehicles up to 2000 c.c. and also trucks and jeeps up to 2500 c.c., an annual cash rebate of RM625 will be given.
• For motorcycles up to 250 c.c., the annual cash rebate will be RM150.
• The cash rebate will be given from 1 July 2008 onwards in the form of Money Order collectible in Pos Office to road tax renewed within 1 April 2008 and 31 March 2009.
• For personal vehicles above 2000 c.c., there will be a reduction of RM200 in road tax.
• For motorcycles above 250 c.c., the reduction in road tax is RM50.

Other than the above, decisions have also been made which affect the following areas:

• Diesel subsidy for logistic transport, vessels and fishermen.
• Gas price to electricity producers and for industrial usage.
• New electricity tariff effective 1 July 2008: no change for household with monthly bill less than RM43.60, else there will be a 18% residential tariff increase. 26% tariff increase for commercial and industrial regions.
• Windfall tax for Independent Power Producer (IPP) and Palm Oil Producer (POP).
• Effective 1 July 2008m threshold for 5% service tax to restauran outside hotels risen from RM0.5 million to RM3 million.

Click here for the official government announcement.

invisibleSHIELD the scratch-proof protection film for gadgets

If you have any handphones, digital cameras, gaming devices (such as PSP), iPods, laptops, media players, PDAs, watches, ... and all gadgets with a display screen, you will most probably get a casing, skin, cover or plastic to protect the screen from scratches or cracks.

invisibleSHIELD is a patented, military grade, durable, transparent protection film that can really protect such gadgets, unlike most of the ordinary "plastic film" that we applied on the screen of the gadgets which in fact is very weak and can't do much protection at all.

This urethane plastic film has its origins in the U.S. military, where it was used to protect the leading edges of helicopter blades from wear and tear while traveling hundreds of miles per hour. It comes with unique properties that allow it to provide self-healing qualities and unparalleled abrasion resistance.

invisibleSHIELD makes available a variety of pre-cut protection film specifically tailored for thousands of electronic gadgets currently selling in the market, which can fit tightly and perfectly on them.

It comes with a lifetime warranty and 30 days money-back guarantee. So, if it ever does wear or scratch, you can get its replacement for free, for the lifetime of the protected gadget.

You can see it in action with the video below:

Handphone fair @ The Walk on the park, Menara PGRM

There will be a 4-days handphone fair of about 50 booths (the 1st in Malaysia) where all major brands like Nokia, Sony Ericsson, I-Mobile, Motorola, LG, Samsung and many more will be having discount up to 70%. More than RM50k worth of freebies will be given away too, including food & beverages vouchers, handphone accessories, Bluetooth, memory cards, etc. There will also be a handphone auction.

Date : 5-8 June 08
Time : 10am to 10pm
Venue: The Walk on the Park, Menara PGRM, Jalan Cheras, Kuala Lumpur.

For more detail, refer to the flyer/pamphlet below (click to enlarge).