Friday, May 23, 2008

subsidy in malaysia

Malaysia to cut fuel subsidies: report
AFP - 2 hours ago
Malaysia, a net oil exporter, pays a hefty fuel subsidy of 45 billion ringgit (14 billion dollars) based on the oil price of 120 dollars per barrel. ...
Rich to pay more under new subsidy scheme Malaysia Star
Opposition states 'will also be developed' New Straits Times
all 3 news articles »

Oil Palm Plantations Contribute To Cooking Oil Subsidy Scheme
Bernama, Malaysia - 21 hours ago
The ceiling price of cooking oil in Malaysia has been fixed since 1997 and includes the one kilogram (kg) polybag (RM1.85) and bottle packaging ranging from ...

while everyone is gearing towards another inflation. Malaysia is somewhat blessed with the best minister for decades, and statement by him Shahrir will be posted in this blog. Talks and actions can be beautifully married, i think.