Double Whammy
June 4, 2008 – 9:20 pmIf there is something that could cause the whole of Malaysia to curse and swear in unison, it’s the increase in petrol and diesel prices starting midnight. Heck, it affects EVERYONE! And as if this is not bad enough, household electricity tariff is slated to increase by 18% per home with effect from 1st July, 2008.
Sometimes I wonder what sorts of people are running the country. Don’t they know that a steep increase in petrol and electricity will kill the economy? Oh yeah I think the PhD holder in economics has been put in cold storage or something.
I don’t want to hear the crap about the lowest fuel prices in South East Asia, the cheapest electricity rates among ASEAN countries or the lowest price broadband in Asia. All I know is that our earning power is not increasing in tandem.
And before I forget, Pakatan Perak State Government, where is our free water???
Tags: diesel price hike, electricity hike, free water, petrol price hike, petrol price hike Malaysia
3 Responses to “Double Whammy”
Actually, it’s a triple whammy. Cos from July 1st, if you are a credit card holder and you don’t make payment in full, you will lose the 20-day interest free period. Life is going to be tough for Malaysians.
Foongs last blog post..Double Bad News For Malaysians
By Foong on Jun 4, 2008
Hi Foong!
Arghh thanks for reminding about the new credit card ruling. I hardly use my card so the impact is not felt but I can surely understand that it will only create more credit card debts, as if the situation is not already bad enough!
Banks are blood suckers!
By The Artist on Jun 5, 2008