Ron95 targeted subsidy already expected will be implement next year.. after the presentation budget from Anwar just now.. Anthony already said that 85% people still can pump subsidy petrol and when these people go to petrol station.. they need to show their IC before can pump petrol.. so if you are under the 85% people (B40 & M40) probably.. then the price of Ron95 that you need to pay is still Rm2.05 per litre meanwhile.. if you are not.. then you need to buy Ron95 acccording to market value.. so all petrol station will have 2 pricing for Ron95.. this is what I heard so far..
There’s no doubt that inflation will rise again in 2025 with the implementation of minimum wage, and the M40 and below will continue to suffer with their meager incomes, as their skills and economic value remain stagnant. Without fostering high-skilled labor or attracting foreign direct investment (FDI) in high-value sectors, our goods and services will remain low quality, unable to command higher prices in international markets. This will further strain our current account balance, and capital outflows will continue to weaken the currency, aggravating the economic situation. It’s a vicious cycle of temporary gratification without addressing the underlying issues. The government must implement corrective measures to improve the country's competitiveness and invest in high-value infrastructure. For instance, improving traffic flow to reduce time lost in congestion, and enhancing connectivity with projects like the high-speed rail (HSR) could have long-term benefits. Such projects could not only boost economic growth but also stimulate development in suburban cities along the rail line.
Tink wat is concerning will be the removal of the ron95 subsidies. If gonna raise till 3$ & above, it will be big impact. While there is an alternative of gg ev, the huge battery replacement cost, more frequent tires wear & tear cost, long charging times & accessibility of charging infra put off the idea owning one. It is not yet ready till these cost are affordable & easy accessible.
@@christinelim28 You still have to voice out even though you know it's unfair. Otherwise, the unfairness will be extended further and further. Have you ever heard of "得寸进尺" ?
You were mistaken on calculating the dividend. 5% was based on the norminal share price, not the market share price. If the par value is RM1, then need 2millions share. But if 50cent, then need 4millions share but not market value of share.