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Originally posted by sha_n at 5-6-2008 03:12 PM 
yg kayap rakyat!!!..:@ :@ huhu..geram ni..gerammmmm...
tu arr ina.....kak lin pon tak pahammm...ini sekatan pembelian myk oleh warga sing ditarikk balikkk psl apa oner syrkt myk tu ramai org ameno keee:@ :@ :@ :@ :@ :@ :@ sbb myk di jual mahal and cume 30sen jek subsidi...pemberian subsidi wang tunai tuk 1 yr jekkkkk:@ :@ :@ :@ |
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Oil Price
(VERSI BAHASA MALAYSIA AKAN MENYUSUL)
The price of crude oil has increased by 400 percent in the last three years. It follows that the price of products must increase, sooner or later. In other countries petrol prices had already increased. In the United Kingdom one litre of petrol sells for more than one pound sterling or RM7. In the United States it is about RM5.
That the price in neighbouring countries has gone up is shown by the rush to fill up by Thai and to a lesser extent Singapore vehicles.
The Government has now announced an increase in petrol price by 78 sen to RM2.70 per litre, an increase of more than 40 per cent.
I may be mistaken but there seems to be less vehicles on the road today. But obviously that is not all that will happen. All other consumer goods, services and luxury goods would increase in price.
The cost of living must go up. Put another way there will be inflation and the standard of living will go down.
Obviously our increase in petrol price is far less than in the United Kingdom or the United States. But our per capita income is about one-third of theirs. In purchasing power terms our increase is more than in the UK or the US.
The increase hurts but the pain is greater not just because of the increase percentage-wise is higher than in developed countries but because of the manner the increase is made.
A few days ago the Government decided to ban sale of petrol to foreign cars. It flipped. Now foreign cars can buy again. Flopped.
Knowing that in a few days it was going to raise the price and foreigners would be allowed to buy, why cannot the Government just wait instead of banning and unbanning.
But be that as it may what could the Government have done to lessen the burden on the people that results from the increase in petrol price.
In the first place the Government should not have floated the Ringgit. A floating rate creates uncertainties and we cannot gain anything from the strengthened Ringgit. Certainly the people have not exprienced any increase in their purchasing power because of the appreciation in the exchange rate between the US Dollar and the Ringgit.
Actually the Ringgit has increased by about 80 sen (from RM3.80 to RM3.08 to 1 US Dollar) per US Dollar, i.e. by more than 20 per cent. Had the Government retained the fixed rate system and increased the value of the Ringgit, say 10 per cent at a time, the cost of imports, in Ringgit terms can be monitored and reduced by 10 per cent. At 20 per cent appreciation the cost of imports should decrease by 20 per cent. But we know the prices of imported goods or services have not decreased at all. This means we are paying 20 per cent higher for our imports including the raw material and components for our industries.
Since oil prices are fixed in US Dollar, the increase in US Dollar prices of oil should also be mitigated by 20 per cent in Malaysian Ringgit.
But the Government wants to please the International Monetary Fund and the World Bank and decided to float the Ringgit. As a result the strengthening of the Ringgit merely increased our cost of exports without giving our people the benefit of lower cost of imports.
This is not wisdom after the event. I had actually told a Government Minister not to float the Ringgit three years ago. But of course I am not an expert, certainly I know little about the international financial regimes.
I believe the people expect the increase of petrol price. But what they are angry about is the quantum and the suddenness. The Prime Minister was hinting at August but suddenly it came two months earlier, just after the ban on sale of petrol to foreigners.
If the increase had been more gradual, the people would not feel it so much. But of course this means that the Government would have to subsidise, though to a decreasing extent.
Can the Government subsidise? I am the 揳dviser |
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uiittt... dh xde olang ker? |
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Originally posted by shabiela at 5-6-2008 03:38 PM
uiittt... dh xde olang ker?
adooo shaaa tghhh baca web TUN ni aaaaa...dia dah kasik solution pak lah tak mo dgr....panehhh hati dennn:@ :@ :@ |
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pengajaran dari kenaikan harga minyak...
kita kenalah berbelanja dengan cara yang berhemah...lebih bagus lagi beli lah saja mengikut keperluan bukan lagi kehendak..
maknanya lepas ni meleleh leleh lah air liur ku teringing macam macam tapi tak dapatlah nak dipenuhi...
apa pun harus terus bersyukur kerana masih hidup senang. |
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Originally posted by mrssazali at 5-6-2008 03:41 PM
adooo shaaa tghhh baca web TUN ni aaaaa...dia dah kasik solution pak lah tak mo dgr....panehhh hati dennn:@ :@ :@
susah la cmni ek.. naya la org cm kita ni.. |
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Originally posted by neisya at 5-6-2008 01:43 PM
hb kata kelisa jimat minyak....comel pun comel....lepas ni akak nak beli auto lak kot....senang nak bawak time peknen cm ni...segannya nak bawak keta......
ekarang ni ok la anak2 tak sekolah.. ...
kelisa dh stop production...
klau ader pun 2nd hand jer... |
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Post time 5-6-2008 03:17 PM
