1 July is the date when a range of subsidies and price caps are supposed to be removed. Of course, there are other ways to retain some of those critical subsidies. Check out this piece by K Veeriah in Aliran: Delay mega-projects and tax ultra-rich to raise funds for subsidies
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Omega man
Where are you? You must come out and tell Harapan not to protest
https://www.malaysiakini.com/news/626787
You have 888 points to tell MCA BN is doing very well. If no 888, what about 8 points?
RM80 billion subsidy this year but what about extra earnings from patrol sold to the world? Petronas earnings must be made public to avoid potential hanky panky in accounting.
Cooking oil price up almost 40% today.
Good excuse for hawkers and restaurants to up their menu price, unless you order steamed food.
Economy Rice may not be economic now as price of chicken, pork, eggs and vegetables also go up.
Truly BN Barang Naik under Sabri the Burberry Man.
As the price difference is narrowing, I will now use sunflower seed oil or corn oil instead of palm oil. In a way it is a protest against the huge pay hike of FGV board of directors.
Malaysia is the only silly country in the world that has declared jihad (an Arabic word which literally means “striving” or “struggling”) to fight inflation, even though the entire world is basically facing the same economic problem. None of the 50 Muslim-majority countries, let alone 1.8 billion Muslims on planet Earth – except Malaysia – sees the need to declare jihad on inflation.
https://www.malaysia-chronicle.com/?p=218245
https://www.freemalaysiatoday.com/category/opinion/2022/07/04/lets-have-a-jihad-task-force-against-corruption-instead/
Jihad task force to tackle all forms of corruptions?
Rubbing personal religion into your face even as you starve.
A very risky stunt invoking religion.
If the task force fails, can it attribute to religion? Don’t play play with religion!
China’s Deng Xiaoping once said: “It doesn’t matter whether a cat is black or white, if it catches mice it is a good cat.”. Similarly, it does not matter what term the authorities want to give to fight the inflation if they can get the job done, its a good term to use.
China is no longer thinking of black Vs white (Binary thinking of yes Vs no). They have developed Qubit thinking eg. Entrepreneurship can thrive under Communism to make money towards Common Prosperity.
https://youtube.com/watch?v=7-sOYbkXbUQ&feature=youtu.be
Sorry to say this but ah am just a simple old man with a simple old mind living in his simple old ways.
If Deng Xiaoping says that, as long as the cat can catch a rat, it is a good cat to keep, regardless of what color it is, that’s good enough for me. How would you classify this now?
The man in the video is holding his book on the subject he wrote and spoke. Have you bought one?
Not any cat that catches rat is good regardless of its colour, as China is clamping down on its tech companies like Alibaba and Tencent that enrich some at the expense of majority?
So, as per your statement, what you are saying is that, regardless of its colors, when it comes to catching rats, there are some bad cats and some good cats.
Mmmm, must be temperamental cats. How did Deng Xiaoping miss that.
Okay, so, what has this got to do with China clamping down on its tech companies ?
You must have watched to much Tom and Jerry on TV during your childhood days.
Buy only for collection? Dont read it and put into book shelf as display? Too many western spinning. Many Western have been spinning China will set up base in Solomon Islands until the recent forum, leader of Solomon he will not allow any bases. Whereas the west have been sending warships and spy planes from North to South China Sea,
I hope soon China and Russian fleet can visit US coastline.
Sorry shriek, am do not want to continue to talk on this under Inflation and food security topic unless a topic under world events – past, present and future is opened for discussion.
As Malaysians grapple with a food crisis, 12 farming communities in Perak are facing eviction and staring at a bleak future.
There is some consolation in the form of PSM, whose lawyers are assisting more than 300 vegetable farmers from Chemor, Bidor and Kampar through legal actions and petitions.
https://m.malaysiakini.com/news/626729
PSM: Kami perlu satu polisi tanah yang menyeluruh untuk memperkasakan pengeluaran makanan. Semua tindakan menghalau petani perlu dihentikan serta-merta!
https://youtube.com/watch?v=cGW1eaUGaHo&feature=youtu.be
PSM’s Jeyakumar protests Barang Naik
https://youtube.com/watch?v=btQsR5W6x1I&feature=youtu.be
PSM must be thankful to Chinese media since they got no coverage from Malay and English media in Malaysia!
If you understand Mandarin and can access the media of China and Taiwan (independent ones on YouTube like CTI), you will have a different perspective of world affairs, away from the western propaganda of AP, Reuters, CNN, Washington Post, Fox, CNBC, Bloomberg BBC…
Subsidy for cooking palm oil for homes is now RM4 billion for 60,000 tonnes/month in 1-kg bags. Assuming a wild guess of 8 million domestic kitchens (including singles), that would mean that each home buys 7.5 bags (average) per month! Only now is an audit going to be launched.
https://www.freemalaysiatoday.com/category/nation/2022/07/04/govt-to-conduct-audit-on-production-of-cooking-oil-in-polybags/
CHARGE THOSE MISUSING SUBSIDISED COOKING OIL UNDER SOSMA, DUGGEST NAJIB / By Alisa Shah / Sunday, 03 Jul 20224:01 PM MYT. https://www.thestar.com.my/news/nation/2022/07/03/charge-those-misusing-subsidised-cooking-oil-under-sosma-suggests-najib ======== ” The misuse of subsidized cooking oil should be considered a serious crime and deserves punishment under harsher laws, says Datuk Seri Najib Razak. He said offenders should be charged with offences under the Security Offences (Special Measures) Act ” Excellent suggestion, Datuk Seri Najib Razak. … While the bottled Palm cooking oil of both subsidized and unsubsidized are generally available, the 1kg poly bag cooking oil at RM2.50 per poly bag are usually missing at… Read more »
Correction : 99.9% sounds too harsh so tone down to 88.8% lah.
1kg RM2.50 *5 = RM12.50. Unscrupulous traders can repack them in 5kg plastic bottle and sell for RM25 (48.88% profit taking into consideration plastic bottle cost) still cheaper to uninformed ones and some may be willing to pay for it desperately?
Even now, the hyper/super markets in my area says, its been weeks since they received any stocks of RM2.50 Palm cooking oil in poly bags. That’s kinda strange because the Government says it supplies more than enough to cover 30 million Rakyat at RM4 billion annually. Each time ah go to shop at these markets its never never available as compared to the bottled Palm cooking oil. So, the government might as well remove the subsidy and come up with another solution to this problem.
C2 == Almost all restaurants, pasar malam food stalls, roadside food stalls are using these 1kg subsidized poly bag cooking oil for cooking and frying at their stalls and yet they claim that the price of cooking oil has gone up and are using that as an excuse to raise up their food prices. One can see big plastic bags full of 1kg subsidized cooking oil in poly bags next to their stove on the floor. How they manage to get so many, when it is not so easily available in the hyper markets or supermarkets for the general Rakyat?… Read more »
You find it hard to buy subsidised cooking oil nationwid, there is no problem finding the item in the border towns of south Thailand as stocks here are in abundance
If you find it hard to buy subsidised 1kg plastic-baged cooking oil, you should go Thai border town Golok where it is easily available. You can then ask your BN YB how on earth our subsidied oil can end up in Thailand.
https://www.nst.com.my/amp/news/nation/2022/07/811826/no-cooking-oil-malaysia-check-out-thai-border-towns
B2 == The current one has been here for 15 years and things like proper transportation planning ( our island is small, so it has to be kept simple – less on motorized fossil fuel types and more towards EV / bicycles usage ). 15 years and nothing on the Local Election policy, just Excuses. Again 15 years and nothing on Local Planning policy just Excuses. All kinds of wiggling and jiggling Excuses just to implement the mega projects and in the process have to remove the Penang Rakyat fishing community. Nothing, no plans and no policy on a State… Read more »
Same with other 10 states, Sabah and Sarawak. KL and Selangor, your MCA-BN has been pumping 10B into MRT and billions into highways. Tell us what plans otherf states, Sabah and Sarawak has. No need 888 but 8 plans your 888 can give
B3 == We have political leaders who are holding multiple job titles as MP’s , State Assembly persons, Chairmanship, Directorship in multiple State agencies and State GLC’s or Corporations probably earning multiple Salaries, Fees and Allowances all paid for from Penang Rakyat Taxes. Not enough fund?, just increase the utility rates. What about all those in other Opposition States? Is it the same also? We have 2 local councils. Is it necessary for a small tiny state like ours? The development seem to be lopsided. Do not seem to know how to streamline the State workforce in ones own backyard… Read more »
You mean only 1 local council? How many state gomen Penang has? 1 state gomen and you want 1 local Council. This means Local Council = State Gomen. You Penang Kia? Penang Island, eat, drink, play and sleep diffderent from SeBerang. The needs of Penang Island is different from Mainland
Some people expect big upcoming expenses for the GE. Do they have an “understanding” with certain oligarchs? They blame Ukraine or covid for everything including price increases for (a) chicken, much of it domestic (b) cooking oil, all of it domestic and largely subsidised, besides the mess in the palm oil industry (c) many other retail items. As usual, the poorest get only advice and promises.
Wang Tak Ada, tapi Menteri 70
https://youtube.com/watch?v=T0coe-GGU8k&feature=youtu.be
Does that include all those “special” appointees with the “status of Minister” – meaning salary, other benefits and pensions in addition to existing ones?
Now Bersatu Muhyidin is asking for a Deputy PM position – for Azmin or Faizal? Surely Umno will resist?
E1 == shriek reply to Alpha 888 ( A Voter ) dd 21 Jul 2022 10.20am – ” You mean only 1 local council? ” ======== Have you seen what has been done to our beautiful tourist island. Take a look at the Gurney Drive to Batu Ferringhi area. It has become so ugly, so horrible looking. Its like a plastic surgery gone wrong. That how bad it is. That area before PH took over, looked simple and basic and the entire stretch to Batu Ferringhi looked good, simple and natural. Now, on the left and right side of the road ugly condominiums… Read more »
E2
==
The whole area is also congested with cars left , right and center. Hundreds and hundreds of cars everywhere. There are more cars than people .The same appears to be in Georgetown. Atrocious Town and Infrastructure planning. Totally un holistic approach.
15 years of Pakatan Harapan governing since 2008 and this is what we the Penang Rakyat gets, shoddy governing and planning and shriek has got this to say, “Penang Island, eat, drink, play and sleep different from SeBerang.” Yes shriek, ah can see that now. …
cont. to E3
E3
==
It is time for Barisan Nasional to step in and undo and rehabilitate the State of Penang especially in the areas of Gurney Drive, Batu Ferringhi, Georgetown and along the entire coastal stretch of Jalan Lim Chong Eu. That is 15 years of undoing to do, to bring the State of Penang Natural environment back to its Natural State.
Shriek says, ” The needs of Penang Island is different from Mainland “. Well shriek, if that is the feeling, then Penang Rakyat should just vote Pakatan Harapan out. Am sure Barisan Nasional feels different, like ‘Satu Keluarga’.
End.
Brocky dd 2 Jul 2022 7.37pm ( ” Malaysia is the only country in the world that has declared jihad ” ) ======== Quote, Jihad – Wikipedia ==> The term jihad is derived from the Arabic root jahada, meaning “to exert strength and effort, to use all means in order to accomplish a task”. Unquote. This description of the term used by the task force to fight inflation is more appropriate than the one you have described. It does not matter what the rest of the world is thinking or doing about their inflation. What matter is what our leaders doing… Read more »
1.EGGS MAY COST MORE AS POULTRY FARMS CUT OUTPUT /
Saturday, 16 Jul 2022
https://www.thestar.com.my/news/nation/2022/07/16/eggs-may-cost-more-as-poultry-farms-cut-output
========
In our Nation’s hour of need, we seem to have some very unpatriotic business people who put profits above sacrifice to Nation. So, whether the issue below is related to above or not, our Govt has decided to take the necessary action.
========
2.POULTRY IMPORTS TO CREATE STOCKPILE FOR ADEQUATE SUPPLY / Saturday, 16 Jul 2022 9:04 PM MYT
https://www.thestar.com.my/news/nation/2022/07/16/poultry-imports-to-create-stockpile-for-adequate-supply
D1 == COOKING OIL SUBSIDY LEAKAGE: REVAMP OF SUPPLY SYSTEM AMONG STEPS TO BE TAKEN, SAYS ANNUAR / Monday, 11 Jul 20223:41 PM MYT https://www.thestar.com.my/news/nation/2022/07/11/cooking-oil-subsidy-leakage-revamp-of-supply-system-among-steps-to-be-taken-says-annuar ======== It is said that, our Government spends about RM4 Billion annually to subsidize the 1kg polybag Palm cooking oil. That works out to about RM333 + Millions per month in subsidy. And now, we get to know that the citizens of other nation have been and are still enjoying it. How can these happen? If the Domestic Trade and Consumer Affairs Ministry is going to take about 2 months to resolve the supply shortage… Read more »
COOKING OIL SUBSIDIES COST GOVT RM380MIL OVER 11 MONTHS, DEWAN RAKYAT TOLD by Martin Carvalho and Tarrence Tan & Ragananthini Vethasalam dd Monday, 25 Jul 202211:07 AM MYT
https://www.thestar.com.my/news/nation/2022/07/25/cooking-oil-subsidies-cost-govt-rm380mil-over-11-months-dewan-rakyat-told
============
Only RM380 Million for 11 months which is almost a year ? The figure given earlier for cooking oil subsidy was 4 Billion annually. So, which is it now ?
D2 == “For subsidized cooking oil, we have 22 manufacturers, 305 licensed packers, 4,151 wholesalers and over 30,000 retailers.” So, why must it take 2 months to solve it when the cause of the problem is already more or less been identified? Why can’t the supply and delivery to all the local hyper/supermarkets and other retail markets take place immediately or say within the week? Is these not a time/money sensitive issue involving hundreds of millions of Ringgit? The inflation task force must also factor the fact that almost 20 million Rakyat can no longer afford to buy the now… Read more »
” NEARLY 1,000 KELANTAN VILLAGES TAKE OPPORTUNITY TO GRAB SUBSIDIZED COOKING OIL IN PACKETS” / Saturday, 16 Jul 2022 9:58 PM MYT
https://www.thestar.com.my/news/nation/2022/07/16/nearly-1000-kelantan-villagers-take-opportunity-to-grab-subsidized-cooking-oil-in-packets
========
The media reports that a total of 850 packets of one kg subsidized cooking oil was sold within 15 minutes. Imagine applying the same to the whole Nation.
D3 == Therefore, again unlike before, the supply and delivery of these 1kg cooking oil has to be increased a whole lot more to our local markets to meet the initial demand and has to be made easily available for the Rakyats to purchase it. ( The purchasing nature and the confidence of the Rakyat has to be normalized by making the 1kg polybag Palm cooking oil easily available for purchase at any one time when one steps in to buy at the local Hyper/Supermarkets and all other Retail Markets throughout the nation.) Crude Palm Oil (CPO) is a locally… Read more »
” UNSUBSIDIZED COOKING OIL PRICE EXPECTED TO DECREASE WITHIN TWO WEEKS” : ANNUAR MUSA / 16 Jul 2022 5:00PM
https://www.thevibes.com/articles/news/66013/unsubsidised-cooking-oil-price-expected-to-decrease-within-two-weeks-annuar-musa
========
This is Good News. Thank you, Sir.
D4
==
Meanwhile, those traders at Thai border towns seem to be confident that they will continue to get their regular supplies sooner or later despite the on going enforcement crackdown.
“PACKET COOKING OIL, SMUGGLED FUEL IN PLENTIFUL DUPPLY AT GOLOK” by FMT reporters /
July 11, 2022 2:42 PM.
“We won’t be surprised if enforcement is tightened at the borders and rat lanes, but we will patiently wait for supply to recover soon after that,” he said.”
https://www.freemalaysiatoday.com/category/nation/2022/07/11/packet-cooking-oil-smuggled-fuel-in-plentiful-supply-at-golok/
end.
“Finance Twiffer” pointed out that all these committees to address economy/costs are not known to have been disbanded
Not disbanded means the members are still drawing allowances (elaun)?
B1
==
Maybe its time We, the Penang Rakyat should seriously look into allowing a State Government to govern a state for 2 terms only. If this be the case, then changing the current State Government is 5 years long overdue.
Would like to see what the new incoming State Government can do better for the State, how much more receptive they are towards Penang Rakyat needs, suggestion, and in preserving our way of life and our state, the Pearl Of The Orient.
cont. to B2
Alpha,Diam diam at federal level? Go and tell it to your MCA-BN. Aldo when Gilakan is ruling Penang why not tell it to BN and let MCA take over? Now you want to kbkb when everything is going against MCA??
Are you thinking right ? You are describing an event that has happened in the past and now (5-7-22) asking to tell BN to allow MCA to take over. How ?
More blabbering about everything is going against MCA. MCA is just fine. Don’t daydream and don’t worry about it. Go get some rest!
… How to get MCA be the State Gomen? Malaysia is a DEMO cracy country and constitution requires election. You want to be like North Korea to change the RIGHT to vote and held election? Old mega still want to play musical chair like kiddy – every 2 terms, this is yours and after that it is mine?
A1 == GOVT CONTINUES TO PROVIDE SUBSIDIES, SAYS PM By Ili Aqilah / Sunday, 03 Jul 20222:58 PM MYT . https://www.thestar.com.my/news/nation/2022/07/03/govt-continues-to-provide-subsidies-says-pm ======== These Opposition people are going around doing protesting and have been endlessly criticizing etc, on inflation and the rising cost of food prices and whatnot against the Federal Government who have taken serious steps and have been actively solving the problems. The Opposition have not contributed any thing on food self sufficiency and food security. All State Lands and Water Resources are under the State Governments. The Rakyat questions – what have the Opposition done in their States… Read more »
How to continue with subsidy mentality when the nation is running out of money (mostly due to leakages)? BN has failed to enable a high income nation because little focus on productivity and value-add industries. Indonesia’s Jokowi clearly outshines Sabri and Muhyideen in all aspects!
A2 == Are the Opposition / Pakatan Harapan State Government ‘Subsidizing’ or reducing the Water Rates, the Quit Rents ( Cukai Tanah ), the Assessment rates ( Cukai Pintu ), are they creating more Agriculture Farms, Sea Food and Poultry Farms etc etc, in their respective states ? Have they done any of these ? Sorry to say, A Big Zero or Kosong so far. But the hypocrites are busy pointing fingers at the Federal Government. Under these circumstances, we doubt they will do any good or better in governing our entire Nation. Of the two, the one who is currently… Read more »
KUALA LUMPUR, July 4 — The foreign fund outflow on Bursa Malaysia accelerated last week as foreign investors disposed of RM320.3 million worth of Malaysian equities, compared to net sales of RM61.5 million in the preceding week, marking the fourth consecutive week of outflows.
Foreign fund pull out is clearly a no confidence vote to present government famous for u-turn populist measures.
More agricultura and chicken farm means botak the hills in Penang and you are the first hippocrate to kbkb.Since the last 30 years see how much VIRGIN jungles have disappear and so are the tigers of malaya.
Yes, that most probably happens in the world you live in called, ‘shriek world’, where everything is seen through a ‘tunnel vision’.
If water rates are reduced, Penang kias will drink more kopi or, cendol and yam seng. They will use water like no body business. Penang will need more dams, river water extraction, bigger pipes which take up more precious land. … fresh water is a limited resources and many countries are trying to limit the amount of water used per person.
Sea food, poultry are all run by those receiving less education who have no choice. Why should government carry this business? Private is more productive. Also ask your Tai Lo why TAR, UTAR dont run sea food, farming and plantation courses? Run Towkay courses to be bosses? Also how much your MCA=BN Federal gives to Penang? Peanuts and you … still want to eat KFC and wagyu beef from the state when they are getting peanuts?
A3 == The one who do not hold the National purse, the Opposition, if given a chance to hold the National purse will not open it to spend on the Rakyat in the hour of need but instead will tighten it and will ask the Rakyat to make sacrifices, make donations to the government with the excuse of national debt repayments, increase whatever rates, wherever possible and then tell the Rakyat to tighten their belts. (Ikat Perut ). We are in difficult times, they will say all because of the previous Government. We, the Rakyat have experienced this with… Read more »
Now we have 1 Trillion Ringgit in debt under MCA-BN and borrowing is over 55% of the GDP. Simple man does not know how much and number of zeros in a trillion. Also simple man does not know the debt has to be paid? Never see or hear news about Ceylon.