Price Increases Causing Great Hardship To The People


MALAYSIAN consumers are facing price hikes daily as even products that have remained on the racks for months suddenly have a new higher price tag.
Retailers, wholesalers, supermarkets and manufacturers never had it so good before especially from an indifferent government that seems to have lost control of retail prices that are spiking the cost of living.
The B40 and the M40 income groups appear to be the most affected by the price increases of household essentials. Now the Christmas and year end shopping season could hike prices even further.
From December to January annual bonuses will be paid to workers while civil servants will receive their salary increments. This will be followed by the general shopping spree that begins for Christmas, New Year and the Chinese New year.
During this festive season larger amounts of money will be in circulation causing inflation and price increases that will spiral beyond control unless the government does something drastic to ease prices.
(Image: Bernama)Recently, I saw a video of president-elect Donald Trump shopping in a supermarket, and he expressed his shock at the exorbitant prices of a wide range of essentials and has promised to “make America affordable again!”
I only hope that our Prime Minister Datuk Seri Anwar Ibrahim or his two deputies or other ministers will do something similar in our local supermarkets and genuinely feel how price increases are hurting most Malaysians.
The government’s Bantuan Sara Hidup (BSH) hand-outs are now a drop in the ocean and has no subsidising effect for poor consumers.
Nowadays, hardly anyone brings up the issue of price increases as it has become normal and it looks like the people have given up hope that things will change.
Due to the present rainy spell and floods prices of a large number of consumer essentials like vegetables, fish and fruits could see a rise with the producers blaming the weather.
Due to the floods having damaged infrastructure, houses, people’s livelihood and agriculture the government will have to spend hundreds of millions of ringgit (if not more) for rehabilitation and repairs and this will affect the assistance and subsidy schemes next year for the lower income groups.
There is no point blaming the Ukraine and the Middle Eastern conflicts for a global increase in a wide variety of products and merchandise. The prices of local products have skyrocketed also and it has nothing to do with imports or conflicts.
Local businesses are now going for profit maximisation, and retailers have resorted to profiteering to the hilt.
The government is unable to rein in these exploiters in any way even by way of enforcement. Producers have found new ways to exploit consumers such as reducing the amount or contents for the same price, reducing quality, puffing up packets to appear larger, giving discounts and offers that is really a deceptive enticement, and other tricks.
In restaurants and eateries it is even worse with runaway prices and the reason for this is the high rentals, levies for foreign workers and the Malaysian habit of eating out.
Even the operators of government-built and -subsidised food courts are quoting the same price levels as the high rental paying restaurateur. The price list in the eateries features previous, rather than current, prices and no itemised bill is issued.
The government has to issue a directive on the display of compulsory price list boards as well as itemised billing and this can help consumers.
(Image: Malay Mail)One can nowadays discern the obvious fact that sellers simply do not care about the buyers, customers and consumers – it is on a take it or leave it basis.
A lot of retailers are long-time businessmen who have amassed wealth and they can afford to hold on to the high prices come what may.
Additionally there are too many retail outlets and too many foreign workers in the country who increase demand for basic essentials that pushes up price levels.
The businessmen who benefit and profit from foreign workers are not from the B40. However, the B40 is paying the price for the presence and competition of millions of foreign workers.
The government has to consider a mass deportation scheme similar to the one proposed in the US if the illegals are to be reduced, and foreign remittances curbed to help the economy.
The government to date has still not found a way to help the B40, excluding the foreigners, through assistance schemes such as a subsidy card which will enable the target groups to benefit from the billions of ringgit spent on subsidies.
A scheme like this will be a boon to the poor. It is no point talking about Malaysia heading towards becoming a high-income country for a small minority when millions in the B40 and M40 groups are stuck with incomes that do not allow these groups to cope with the current cost of living or surviving. 
V. Thomas is a FocusM viewer.
The views expressed are solely of the author and do not necessarily reflect those of MMKtT. 
- Focus Malaysia.


Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

http://malaysiansmustknowthetruth.blogspot.com/2024/12/price-increases-causing-great-hardship.html

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
The Largest Casino Resorts In The People 10 Largest Us Casino

The Largest Casino Resorts In The People 10 Largest Us Casino

papar berkaitan - pada 6/12/2024 - jumlah : 277 hits
The Largest Casino Resorts In The People 10 Largest Us Casinos Top 10 Biggest Casinos In The Usa Size By Block Feet Content And the gambling is second to none fans of the resort like the high stakes tournaments which are organised alongside...
Zaid Asks Whether Whipping Is Necessary In The Syed Sadiq Case

Zaid Asks Whether Whipping Is Necessary In The Syed Sadiq Case

papar berkaitan - pada 1/12/2024 - jumlah : 109 hits
FORMER law minister and lawyer Datuk Zaid Ibrahim has described the sentence handed down to Muar MP Syed Saddiq Syed Abdul Rahman as excessive and harsh questioning the necessity of severe punishment for the young politician In a statement ...
The Talking Fish A 12th Century Malaysian Folktale Steeped In Wisdom And Wonder

The Talking Fish A 12th Century Malaysian Folktale Steeped In Wisdom And Wonder

papar berkaitan - pada 1/12/2024 - jumlah : 288 hits
Djupt inne i Malackas djungler d r solstr lar k mpar sig igenom t ta l vverk och exotiska f glar sjunger sina melodier hittar man en rik historia av traditionella ber ttelser Dessa historier muntligt verf rda fr n generation till generation...
The 2024 Pantyhose Queen Poll How Voting Works

The 2024 Pantyhose Queen Poll How Voting Works

papar berkaitan - pada 1/12/2024 - jumlah : 303 hits
We are mere hours away from the yearly spectacle that is the 2024 Pantyhose Queen Poll where 44 women will do battle to see who will sit atop the throne Like every year this post is for blog newcomers so if you ve been here since I started ...
How The Right Stylist Can Help You Love Your Natural Hair

How The Right Stylist Can Help You Love Your Natural Hair

papar berkaitan - pada 1/12/2024 - jumlah : 732 hits
Looking for a hair stylist near me might seem easy but locating a professional who understands the requirements of your hair as well as your personal style can make all the difference The best hair stylists provide more than just cuts as th...
Learn Your States 50 States Song The Geography And Facts Of The United States

Learn Your States 50 States Song The Geography And Facts Of The United States

papar berkaitan - pada 1/12/2024 - jumlah : 448 hits
Learn Your States 50 States Song nbsp The United States is a vast and diverse country comprising 50 states each with its own unique history culture and geography Learning about the states is not only an educational endeavor but also a fasci...
Learning With Quest Exploring The Power Of Gamified Education

Learning With Quest Exploring The Power Of Gamified Education

papar berkaitan - pada 1/12/2024 - jumlah : 245 hits
Learning With Quest Quest is a gamified learning platform that combines elements of gaming with educational content to create an engaging and interactive learning experience Through immersive storytelling interactive challenges and rewards ...
Arau Mp Not The Only One Who Met Me To Woo Bn Out Of Govt Zahid

Arau Mp Not The Only One Who Met Me To Woo Bn Out Of Govt Zahid

papar berkaitan - pada 2/12/2024 - jumlah : 234 hits
BN chairperson Ahmad Zahid Hamidi has revealed that Arau MP Shahidan Kassim was among Perikatan Nasional lawmakers who had met him to broach the subject of BN leaving the Madani government However Zahid said that Shahidan was not the only P...
The Elephant S Wish A Nigerian Folk Tale Unveiling Timeless Lessons Through Animal Characters

The Elephant S Wish A Nigerian Folk Tale Unveiling Timeless Lessons Through Animal Characters

papar berkaitan - pada 1/12/2024 - jumlah : 222 hits
Djup inne i den nigerianska regnskogen d r solstr larna dansar genom t ta l vverk och exotiska f glar sjunger melodier som aldrig h rs n gon annanstans lever ett folk med rika traditioner och en djup k rlek till ber ttelser Dessa ber ttelse...
Masa Ada Jawatan Pun Tak Leh Harap

Road Tested Open Face Helmets From Biltwell Holyfreedom And Hedon

Kenyalang Gold Card Permohonan Manfaat Untuk Warga Emas

Amira Othman Bila Nak Nikah Chord

Mahalini Mencintaimu Chord

Healthcare Inflation In Malaysia Are We Paying Too Much

Lirik Lagu Hilangmu Tak Terganti Tajul Afieq Shazwan

Will Trump 2 0 Make America Grate Again


echo '';
Senarai Lagu Tugasan Konsert Minggu 9 Gegar Vaganza 2024 2025 Musim 11

Keputusan Markah Peserta Konsert Minggu 8 Gegar Vaganza 2024 2025 Musim 11

Biodata Liya Maisarah Dato Sri Ismail Yang Kahwin Bersuamikan Vokey Imran Rosli Gamer PUBG

Biodata Azqa Aziz Pelakon Drama Berepisod Curang Tanpa Niat Astro Ria Gandingan Evertts Gomes Peserta Hero Dewi Remaja 2023

Biodata Usahawan Inspirasi Siapa Ezwan Zain Owner Kueh Cafe


Perhimpunan Profesionalisme Daerah Kulai Bil 4 Sesi 2024 2025

Video Tular Sumbat Kucing Hidup Hidup Dalam Guni

4 Sekeluarga Terselamat Kenderaan Dihempap Pokok

2 Hari Lagi Saksikan Majlis Amanat Tahun Baru 2025 Yb Menteri Secara Langsung

Selangor To Explore Implementing Urine Tests For Concert Attendees

Pelajaran Dari Imran Bin Hittan Ketika Akidah Tergadaikan Oleh Cinta