Two days ago Malaysian government announced a hike in electricity tariff commencing in June 2006. The government also claimed that the price increase will not affect approximately 3 millions. I didn't quite understand by that statement though but I guess this got to do with the direct electricity bill. The real concern with this price hike is whether the price other goods will also go up as well - just like during the incident the fuel price increase. Personally, I feel the likelihood is high based on historical patterns. How this will have any impact on common people like you and I remain to be seen.
Friday, May 26, 2006
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