Friday June 6, 2008
Government must act to avert price hike
PETALING JAYA: The Government must take steps to prevent producers and suppliers from using the petrol price increase as an excuse to raise the prices of goods and services.
Social activist Tan Sri Lee Lam Thye said that the petrol price hike would affect many industries and they would use the opportunity to increase the cost of materials and production.
He said that many people felt that the increase in fuel prices was too drastic and should have been carried out in stages.
People would need to change their lifestyles as they were going through harder times, he said.
“The Federal and state governments should embark on a national austerity drive and lead by example,” he added.
News Poll
- Court ruling takes bite out of local council summonses
- Chin Peng apologises for death of innocents
- Girl and stepmum held over bid to kill first wife
- New evidence on MCA snoop squad case arrives at doorstep
- Biggest karaoke session a blast
- Teoh’s body exhumed for second autopsy today
- Victim’s dad nabs kidnapper
- Puad faces flak over ‘use Bahasa only’ remark
- Foreigner falls to her death from condominium
- Big impact in ‘small’ man’s win
- Court ruling takes bite out of local council summonses
- Johor set to be a medical hub
- Joy for 2,500 housebuyers as SPNB takes over project
- No licence to try offenders
- Indonesia seizes ammonium nitrate shipment from Malaysia
- Big impact in ‘small’ man’s win
- Hackers leak e-mails, stoke climate debate
- Latest news from AP Wire
- Coal mine blast kills 42 in China, 66 trapped
- Mumbai still vulnerable one year after attack
RSS
