Monday, July 28, 2008

PRICE rise rise Rice

It seems not long ago, a pack of 10kg rice only cost about RM21, then it was increased to RM33 and shockingly just about 1 or 2 months after the increase, now the price has sky rocked to RM45! That is 2.14 times of increase, or 214%. I wonder any of bank FD or deposits or investment will give a return of 214% to the depositors/investors?

I just wonder, is it not rice under the control item? Oil only increased 41%, how is it the price of rice can go up so high? Moreover, I thought the government is looking into this issue....

How come there is no announcement on the price increased? What if a barrell of oil hits USD200, what will happened then?

If you are a minister working in the domestic trade and consumers department, maybe you would want to advise us?

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