29 Jun '14, 11am

Subsidies for the poor or Umno-putras, part 1 — Koon Yew Yin (MMO)

— Koon Yew Yin The Malay Mail Online June 29, 2014 JUNE 29 — Every now and then we will get statements from government on how much it is spending on subsidies for the poor. This message is especially loud and clear during vote canvassing in elections or by-elections; or when there is an intended rise in the price of goods and commodities. A few days ago, the Najib administration announced that it will increase electricity prices by an average 7.12 per cent from 1 June so as to trim the subsidy. Natural gas prices will also rise by RM3 per mmBtu every six months until it reaches market levels. So far there has been little public reaction to this price increase partly because it has not been factored yet into the monthly bills of the public. But be warned that this increase in electricity bills will affect all households — poor, middle class and rich. Even the poorest househ...

Full article: http://blog.limkitsiang.com/2014/06/29/subsidies-for-the-...

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Subsidies for the poor or Umno-putras, part 1: ...

blog.limkitsiang.com 29 Jun '14, 11am

— Koon Yew Yin The Malay Mail Online June 29, 2014 JUNE 29 — Every now and then we will get statements from government on ...

Subsidies for the poor or Umno-Putras, part 2: ...

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– Koon Yew Yin The Malaysian Insider 1 July 2014 In the first part of my article on subsidies for the poor or the rich suc...

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