I had read from the news that Malaysia is increasing its RON95 to RM2.10 (20sen extra). Months ago, the 1st in the BN manifesto was :easing the cost of living.... <6 months of ruling, the decision was to increase the petrol price....
1+ years ago, the Taiwan govt. had decided to increase the petrol and electricity price to reflect the actual economic condition and the consequences was a near inflation like price increment leading to a deep slope of presidential support....
I had read this article over the net..
http://www.pecc.org/resources/doc_view/397-implications-of-oil-price-increase-on-the-malaysian-food-system
which concluded that it would not be any major impact to the food price...yeah, I had the same feeling indeed, the last petrol price increment was in 2005 and since then the food price had been going up like don't know what - > you can call it inflation or maybe an event reflecting the upgoing of Malaysia economy.... but still,the solid fact is you cannot get a wantan mee for RM 2.20 nowadays....
the hike in petrol price would however provide a good reason to the locals businessman to raise the price - > of everything of course...
My conclusion over this issue could be summarized by the quote of Ngai Kuan (played by John Cheung in Infernal affair 2)
- one who come out and "walk"(means involved in gangster business), would need to pay back no matter what he had done....
No comments:
Post a Comment