Posts filed under 'News and Information'
With regular checks conducted by enforcement officers from the Ministry of Consumerism in Malaysia, petrol station owners in Johor Bahru are now abiding by the law which prohibits sales of ROM95 petrol to Singapore Registered vehicles. This is not helped by the fact that an ESSO petrol station close to Taman Majidee along Tebrau Highway has been fined RM20,000 recently for flouting this rule.
RON95 petrol is heavily subsidised by the Malaysian Government
At RM2.80/litre (S$1.14/litre), you can still save about S$0.80/litre of petrol if you pump RON97 petrol in Johor Bahru, although this is a much-less-sweeter deal compared to RON95 petrol which sells at only RM1.90/litre. Assuming an average top-up of 25 litres/trip to Johor Bahru, the savings obtained is now only S$20/trip if you top up using RON97 petrol – barely enough to justify the custom toll charges and the 12km round trip journey from Woodlands to Johor Bahru.
So for the benefit of most motorists of Singapore Registered Vehicles, we have listed down some of the complimentary cost savings measures/discounts available for you to consider, should you still want to pump your petrol in Johor Bahru/ Malaysia:
1. AmBank cashback credit card
From now until 31 Dec 2011, Am Bank is offering a whoopy 25% cashback for petrol (capped to RM80/mth) purchased at all Caltex stations in Malaysia! The offer is valid only on weekends which is the period when most Singaporeans travel to Johor Bahru anyway. See Read on…
August 1st, 2011
While this piece of news is a little outdated, it is still one to be shared nevertheless.
Effective 22 Jan 2011, it is possible for all Singaporeans, Singapore PRs and holders of long term visit pass to apply for the Malaysia Automated Clearance System (MACS). With MACS, it is no longer necessary for you to fill up and submit the white card upon entry to Malaysia; the customs officer will simply wave you on without the need to stamp on your passport. This will also save the pages on your passport if you are a frequent traveller to Malaysia.
Previously, the MACS is only open for application to Singaporeans.
Another change in the MACS application process is the removal on need to prove that you are a regular JB visitor (at least 4 round trip to Malaysia for the past month). Thus, you can be entering Johor Bahru for the first time in your life and still qualify to apply for MACS.
Malaysia Automated Clearance System (MACS)
Application form and further details are available online at Immigration Malaysia’s website at Read on…
August 1st, 2011
While both the Singapore Dollar and the Malaysian Ringgit had appreciated sharply against the US Dollar in the past one year, the Singapore Dollar had also outperformed the Malaysian Ringgit in the same period.
As of 5th Jun 2011, 1 Singapore Dollar is trading at 2.453 Malaysian Ringgit. This is close to the highest level seen in the past year.
For the Malaysian Ringgit, the worsening European debt crisis reduced demand for emerging-market assets while the Singapore Dollar was buoyed by the fact that the Singapore Government recently raised its economic growth forecast for 2011, forecasting GDP to increase between 5% to 7% in 2011, from an earlier estimate of between 4% to 6% growth.
5th Jun 2011 - Singapore Dollar and Malaysian Ringgit Exchange Rate
On the practical side, Tukar Wang (Money Changers) are now Read on…
June 5th, 2011
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