I believe that many must have already know about that starting tomorrow there will be a hike on most of the product that government is subsidizing.
To be honest, I totally agree with removing subsidy. I have talk to many people, and most of them do not agree with me actually. Most argue saying that there will be inflation, prices will go up, and some say that it is just not the right time.
But the question is, when will it ever be the best time to reduce subsidy? Sorry to say, but I think that it is impossible to please everyone. Government that constantly subsidizing on civilian needs is just not practical in the long run.
The price of sugar will up 25sen to RM1.75 per kg; LPG up 10sen to RM1.85 per kg; petrol RON95 up 5sen to RM1.85 per litre and diesel up 5sen to RM1.75 per litre. – From thestar
However, most of the item that remove of its subsidy is mainly control by GLC.
Sugar – own by Felda (bought over from robert kuok)
Any petrol related – Petronas of course
Since it is GLC – government own/public own – Why can’t they just make less profit? I am not asking them to make losses (MAS for example), just earn less profit couldn’t hurt them but also benefit a lot to the everyone.
Since they are removing subsidy, why so bias only on sugar and petrol? Why not also remove subsidy for paddy where Bernas is paying much higher than global market price?
Government is removing subsidy to reduce debt but also pass on the ringgit to the civilian while GLC maintain high profit. Whilst Bernas subsidize local paddy farmers by buying higher prices for paddy (profit to paddy farmers but not to civilian).
The idea to reduce until the point to remove subsidy by government is right. However I think that the execution is just debatable.
SJ,
Bile Msian






