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Economy 101

Anything to do with economy, budget, taxpayers money and trade

Malaysian Economy 101: Kangkung Factor

kangkung

kangkung

(Among the many funny things posted on Najib’s statement that the price of kangkung had gone down, this stands in my mind as the funniest bit. I just love Ronald’s face on the second photo – it looks like he had answered too many phone calls asking for McKangkung. Images source: Facebook)

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Taxpayer’s Money: More Outraged "Goodies" in 2014

Taxpayer's Money

(To be fair, one’s voting rights cannot be questioned by anyone but there must be a break point somewhere on how much of the abuse and wastage of taxpayer’s money that a Government that has been in power for so long can be allowed to continue. And seeing on how all that sweet talk and endless promises of cost reduction during the election campaign simply disappeared within months from the election, hopefully people had wise up and will take things with a pinch of salt in the next election?[Click to read the rest] “Taxpayer’s Money: More Outraged "Goodies" in 2014”

Cost of Living 101: Ice Ice Baby, Dummy!

cost of living

Another good news for the die-hard BN supporters to rejoice for the coming new year – RM0.50 increase per bag and RM2.50 per block cost by the edible ice suppliers and you can bet your bottom ringgit that the restaurant and food stalls will put in their own increase on top of increase for sugar price for your iced drink.

Reason for the increase?

The notice mentions increase in other costs like electricity tariff, increase of diesel price, implementation of the “minimum wage ruling”, increase of salary, increase of raw materials and interestingly, improvement of food safety – now that is very scary!

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