Will Najib flip a coin this Friday to decide if there's GST on petrol

It couldn’t be more ironic when Malaysians need to rely on foreign newspaper to know that GST will be imposed on petrol.

Yesterday, Singapore’s “Shin Min Daily News” published a news report that Malaysia will announce the implementation of GST on petrol during budget 2015 this Friday.

For the past one month, Deputy Finance Minister, Ahmad Maslan has repeatedly denied that the decision to impose GST on petrol has yet to be finalized. Ahmad Maslan even refuted an earlier statement by Senior Assistant Director of the Royal Malaysian Customs Department Isa Daud that petrol will not be exempted from GST.

Ahmad Maslan definitely has his mind on the Pengkalan Kubor by-election when he insisted a decision has yet to be made to impose GST on petrol.

Ahmad Maslan denial has now been exposed as a lie when even foreign media published the news that GST will indeed be imposed on petrol. Ahmad Maslan now owes all Malaysians a reasonable explanation on his denial.

There is only three more days left before budget 2015 will be tabled in parliament. Is Ahmad Maslan going to persist and tell all Malaysians that BN is so indecisive; a decision to impose GST on petrol has yet to be made? If so, is Najib going to flip a coin in parliament this Friday to decide whether GST will be imposed on petrol?

Media Statement by Chong Zhemin, DAP Perak Economic Development Bureau Chief and Political Secretary to the Taiping MP on 7 Oct 2014

Hasan Malek lied through his teeth when he said the fuel hike is minimal where Malaysians could potentially pay a higher than market price for fuel in 2015

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Domestic Trade, Cooperative and Consumerism Minister Hasan Malek said the below in a press conference when asked to comment on the fuel hike.

“If we do a calculation, the increment is minimal, If there is going to be an impact (on inflation), it will be minimal. It is not big.”

Hasan Malek lied through his teeth when he said the fuel hike is minimal. His ministry issued a statement on Wednesday confirming that the current market price of RON 95 is RM2.58 per litre. This means that the government is subsidizing 28 cents per litre of RON95 after the price hike.

Although the Finance Ministry had denied reports that GST will be imposed on petrol, insisting a decision has yet to be made; Malaysians are under no illusion that petrol will be exempted from GST.

If the fears of GST on petrol are real, the petrol price would increase to RM2.44 after 6% GST is added on, making the petrol price just 14 cents short of the current market price.

On Wednesday, Reuters published a report on a monthly conducted poll on 30 energy analysts on the oil price forecast in 2015.

Let me quote the report from Reuters as below,

“Energy analysts have made the largest downward revision to their oil price forecasts in almost two years, a monthly Reuters poll showed on Wednesday, with the marked weakness in the price of Brent seen persisting into 2015.”

If GST is imposed on petrol and the world crude oil price continues to fall as predicted by energy analysts, Malaysians could potentially pay a higher than market price for petrol in 2015.

This would also mean that Putrajaya is not only prepared to abolish fuel subsidy in total but also to start collecting taxes on Malaysians fuel consumption which is a shame for an oil producing country like Malaysia.

I urge Najib to immediately clarify if GST will be imposed on petrol and stop ducking and weaving on this issue. Najib cannot wait until budget 2015 is tabled to answer this simple but crucial question. After the unjustified fuel hike, Malaysians want an immediate answer as to what the future holds for us in 2015.

Media Statement by Chong Zhemin, DAP Perak Economic Development Bureau Chief and Political Secretary to the Taiping MP on 3 Oct 2014

No reason for Najib to raise petrol price when international crude oil price is at the lowest in nearly three years

When the international oil price fell to the lowest in nearly three years, BN 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.

Yesterday, India and United Kingdom has just announced the price drop in petrol prices, making the petrol hike in Malaysia the most ironic.

India announced a drop in petrol price by 65 paise (RM 4 cents). United Kingdom has also reduce the petrol prices by 5 pence (RM 27 cents). There is absolutely no reason for Najib administration to increase the petrol price when countries around the world are reducing petrol prices.
Although Deputy Finance Minister Ahmad Maslan has denied the decision to impose GST on petrol has been finalise, based on the conversation by the customs department officer, petrol is not included in the GST exempt list. Hence there is a huge chance that GST will be impose on petrol.

Imposing GST on petrol will raise the petrol price to RM 2.44 after the 6% GST, this would mean a 34 cents of price hike compare to before the price increase. This is double whammy to the people.

I urged Najib to immediately retract the decision for petrol price hike, and immediately announce a price reduction of petrol in line with the current internation oil price which is declining. This is the best time for Najib to prove that he is sincere in fulfilling BN first promise in the 13th General Election manifesto, easing the cost of living.

Media Statement by Chong Zhemin, DAP Perak Economic Development Bureau Chief and Political Secretary to the Taiping MP on 1 Oct 2014

Call for a public consultation on the MAS Act

Khazanah Nasional Bhd managing director Tan Sri Azman Mokhtar has confirmed that the MAS Act, which is to facilitate the restructuring of ailing national carrier Malaysian Airline System Bhd (MAS)is expected to be tabled in the next parliament session.

I have previously said in a statement on the 30 August 2014 that,
The proposed MAS Act if come into effect will retroactively changes the legal status of the employment contacts of MAS staffs. The MAS Act is against natural right and unjust as it could nullify all current employment contracts with MAS.

Until today, there have been no further details provided regarding the MAS Act. Why is the government passing an Act for MAS to rescue it instead of using existing laws to allow MAS to file for bankruptcy?
The passing of MAS Act will set a precedent that the parliament can pass any act in the future to rescue companies from collapsing. Are we going to see 1MDB Act and Proton Act in the future?

The MAS Act will also restrict competition in the national aviation industry and possibly create a monopoly which will harm consumer’s interest.

I have no doubt if the MAS Act is tabled in parliament next week, it will be bulldozed through as BN holds the numerical advantage in parliament, reducing parliament to a rubber stamp.

I urge Prime Minister, Najib Razak to immediately make public on all details and call for a public consultation on the MAS Act. All public and expert opinions need to be sought before debating such an unprecedented act in the parliament.

Media Statement by Chong Zhemin, DAP Perak Economic Development Bureau Chief and Political Secretary to the Taiping MP on 30 Sept 2014

Challenge to Abdul Rahman Dahlan to prove that DAP has in the past supported any racial policy or fight for the rights for a single race.

Urban Wellbeing, Housing and Local Government Minister Datuk Abdul Rahman Dahlan is not only arrogant but resorted to lies to smear DAP when he took to twitter and tweeted the following.

“Let me be clear. I don’t take lectures or advice from a chauvinist and racist party like DAP! Period!”

Is Abdul Rahman Dahlan so ignorant that he could not understand my simple statement? Or is he trying to play stupid so that he can continue to manipulate and instigate racial sentiments?

I could not be clearer that I fully support a thorough probe and investigation on the allegation that house buyers are being victimized by housing developers. However, there is absolutely no need for Abdul Rahman Dahlan to look at such allegation from a racist angle to fan racial sentiments and publicized it even before any investigation has been conducted.

Abdul Rahman Dahlan’s twitter rant against the DAP is just a tactic from him to divert attention from his inability to respond to PMUM suggestion, thereby making baseless accusation and lies that DAP is chauvinist and racist.

Abdul Rahman Dahlan must respond to the suggestion by Persatuan Mahasiswa Universiti Malaya(PMUM) whether he agrees that property discount should be extended to all low-income groups regardless of race.

It is pure hypocrisy that a minister that comes from UMNO, a party which only accepts a single race membership, supported race-based policies, and fight for the rights for a single race is now accusing DAP for being chauvinist and racist.

I hereby challenge Abdul Rahman to prove that DAP has in the past supported any racial policy or fight for the rights of a single race. DAP has never endorse any policy that is race-based as we believe policies should be formulated on a need-basis to benefit all Malaysians regardless of race.

Let me answer Abdul Rahman Dahlan question that he tweeted, “Has DAP become too big-headed to acknowledge that Bumiputera house buyers’ rights must be protected?”

DAP will not only fight and protect the rights for bumiputera house buyers but will fight and protect the rights for all Malaysian house buyers regardless of race. Is UMNO prepared to do the same?

Media Statement by Chong Zhemin, DAP Perak Economic Development Bureau Chief and Political Secretary to the Taiping MP on 29 Sept 2014

Instead of racialising the allegation of house buyers being victimised by housing developers, Abdul Rahman Dahlan should look into the suggestion to extend property discount to all low-income groups regardless of race.

Urban Wellbeing, Housing and Local Government Minister, Datuk Abdul Rahman Dahlan is tring to stir racial sentiments and divide the people by racialising the allegation of house buyers being victimised by housing developers.

I fully support a thorough probe and investigation on the above allegation to protect house buyers interest. However, by taking a racist angle alleging bumiputera house buyers are being victimised by non-bumiputera housing developers, Abdul Rahman Dahlan is trying to stoke the anger of one particular race towards another race based on an allegation that has yet to be investigated. It is very irresponsible and unbecoming for a minister to issue a statement like this.

Why couldn’t Abdul Rahman Dahlan look at the issue from a non-racial perspective rather than from a racial lens?I urge Abdul Rahman Dahlan to immediately retract his statement and issue a public apology to all Malaysians who are offended by his remarks.
Continue reading “Instead of racialising the allegation of house buyers being victimised by housing developers, Abdul Rahman Dahlan should look into the suggestion to extend property discount to all low-income groups regardless of race.”

BN is fearful of a voter backlash in the Pengkalan Kubor by-election hence the flip-flop on imposing GST on petrol and diesel

Deputy Finance Minister Datuk Ahmad Maslan on Monday insisted that the government was still undecided on how to treat petrol and diesel when the GST comes into effect next April.

Ahmad Maslan further clarified that the ministry had not arrived at a decision on whether petrol and diesel would be gazetted as zero-rated or tax-exempted items.

Ahmad Maslan’s statement contradicted earlier remarks by Royal Malaysian Customs Department senior assistant director Ishak Daud saying that petrol and diesel would not be exempted from the GST, which comes into effect on April 1, 2015.

Is the BN government fearful of a voter backlash in the Pengkalan Kubor by-election if an announcement is made to impose GST on petrol and diesel? It is clear that Ahmad Maslan is buying time for BN to avoid making an announcement to impose GST on petrol and diesel before the by-election. Hence the flip-flop and the ambiguous reply from various departments and ministries would not be hard to comprehend.

Is BN government so incompetent that with less than seven months from the GST implementation date, BN is still unable to come up with a complete list of GST-exempt and zero-rated items? If BN needed more time to study and finalise the list of items, BN shouldn’t have rush through the implementation of GST taking the people and businesses by surprise.

Ahmad Maslan also said the decision to impose GST on petrol and diesel will be dependent on the fuel subsidy rationalisation programme. This is a mischievous way to confuse the people. Regardless whether the government decides to “rationalise fuel subsidy” or “impose GST on fuel”, the net effect will be the same – fuel subsidy will be removed which will directly lead to higher petrol and diesel prices causing a chain effect burdening the people.

Najib must immediately come clean and announce whether BN will impose GST on petrol and diesel. Let all Malaysians be the judge if the BN government is sincere to fulfil its first promise of the 13th general election manifesto – easing the cost of living.

Media Statement by Chong Zhemin, DAP Perak Economic Development Bureau Chief and Political Secretary to the Taiping MP on 17 Sept 2014

GST on petrol akin to removing subsidy

According to a news report in Sin Chew Jit Poh, The Malaysian Customs Department revealed in a goods and services tax (GST)forum that petrol will not be exempted from GST.

Petrol is a government subsidized product, imposing GST on petrol is akin to removing subsidy on petrol thereby burdening the people.

The subsidized price of RON95 is RM2.10 per liter, imposing GST on RON95 will raise the price to RM2.23 per liter and this is no different from removing 13 cents per liter of petrol subsidy.

I urge Najib to review the decision to impost GST on Petrol, and list petrol as a zero rated product under GST to avoid increasing the burden of the people.

Continue reading “GST on petrol akin to removing subsidy”

Najib is deluded when he described the RM6 billion injected to MAS as an investment rather than a bailout

No Malaysian will believe Najib when he described the RM6 Billion injected to MAS as an investment rather than a bailout. Why would any sane investors want to “invest” in a company that has lost a total RM4.3 Billion for the past 3 years?

It is crystal clear that the RM6 billion injected to MAS is a bailout as it is use to save the airline from bankruptcy. Najib is deluded when he said the RM6 billion injected to MAS as an investment rather than a bailout.

The proposed MAS Act to facilitate staff transfer and to terminate or review contracts which are unfair to the airline is also controversial. The proposed MAS Act if come into effect will retroactively changes the legal status of the employment contacts of MAS staffs. The MAS Act is against natural right and unjust as it could nullify all current employment contracts with MAS.

Continue reading “Najib is deluded when he described the RM6 billion injected to MAS as an investment rather than a bailout”

Chua Tee Yong either failed his accounting or lied when he said big companies will not want to do business with non-GST small businesses as they cant claim their input/output tax

According to a news report by The Malaysian Insider on 16 Aug 2014, Deputy Finance Minister Chua Tee Yong said the below during a GST seminar organised by the Secretariat For Empowerment of Indian Entrepreneurs under the Prime Minister’s department

“Come April 1, 2015, which is the date for GST implementation, the big companies will not want to do business with the non-GST small businesses as they can’t claim their input/output tax.

“This will sooner or later cause these micro and small businesses to become less competitive in terms of pricing structure.”

The above statement by Chua Tee Yong shows his complete ignorance towards the GST implementation subject matter. This is outright unacceptable and an outrageous mistake for a Deputy Finance Minister and an accounting graduate like Chua Tee Yong to commit.

Continue reading “Chua Tee Yong either failed his accounting or lied when he said big companies will not want to do business with non-GST small businesses as they cant claim their input/output tax”