tag:blogger.com,1999:blog-6297413898275266606.post7280020910698089411..comments2024-03-27T18:15:59.096+08:00Comments on Economics Malaysia: April 2011 CPI: Inching Uphishamhhttp://www.blogger.com/profile/06265308095732759923noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-6297413898275266606.post-27452510395217056512011-05-19T17:28:23.858+08:002011-05-19T17:28:23.858+08:00the main beneficiaries are the fat cats industrial...the main beneficiaries are the fat cats industrialists including MNCs.Domestic consumption of electricity is only 30%.<br />And govt subsidise them to create jobs and tax on their profits.They employ foreigners n pay low wages,makes profits,optimise tax thru shelters and transfer pricing etc.They invest overseas n pressures govt to relax rules to make it easier to do that.<br />So,if this govt isAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-77972374884354218932011-05-19T12:19:11.444+08:002011-05-19T12:19:11.444+08:00I would think a lot of the subsidies that aren'...I would think a lot of the subsidies that aren't eaten up by industry is actually funding the middle-class.<br /><br />Based on household expenditure surveys, lower income households spend far less on transportation than do middle class households.<br /><br />The actual bulk of the subsidies is for petrol (gas subsidy is swallowed by Petronas; electricity generation likewise by TNB - main hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-10143247441762183282011-05-19T11:25:01.462+08:002011-05-19T11:25:01.462+08:00the 20 bil subsidies is not all going to rakyat di...the 20 bil subsidies is not all going to rakyat directly.It goes to industries to either reduce final cost to rakyat or to maintain profitability and continue in business thereby providing employment etc.<br /><br />Thus if the companies are inefficient and/or enjoying huge profits,the actual impact of the subsidies to the rakyat is much smaller.<br /><br />If these companies are decent folks whoAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-74696427618694007552011-05-19T08:54:33.184+08:002011-05-19T08:54:33.184+08:00Subsidies cost money - which eventually comes out ...Subsidies cost money - which eventually comes out of Malaysian pockets or in a reduction of services that the government provides.<br /><br />The cost of subsidies this year will be about RM20 billion. Just to compare, that's more than is spent on the entire education system, nearly double that spent on defence and security, and five times more than the entire public health system. Which hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-32539157701218204052011-05-19T05:10:06.474+08:002011-05-19T05:10:06.474+08:00why the gov cut subsidies...are they noticed that ...why the gov cut subsidies...are they noticed that price of energy will raise then???<br /><br />this is not because demand pull inflation, but it is cost push inflation....so sad...Living Seedhttps://www.blogger.com/profile/08517391429116553990noreply@blogger.com