Helpless to stem price increases


I REFER to the reports under the headline “Unlocking the future” (The Star, Sept 2) about the New Industrial Master Plan 2030, which, among others, aims to raise median income in the manufacturing sector from RM1,976 to RM4,510 by 2030. On paper, this looks like a very good plan.

But let’s put things in perspective. About 30 years ago when I was in my 20s, the price of a typical low-cost house was about RM25,000. With RM100,000, one could afford to buy a mansion.

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Inflation

   

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