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Wednesday, August 19, 2009

Paradox talk

Starting from next month onwards bus and taxi fare are up in Malaysia. Depending on destination prices are up from 25-50%. In a torrent of price hikes from electricity to tolls it can be easily forgotten just 10 years ago some of these standard service used to cost half of the present rate -- not counting the impending price hike.

In other words, in a decade the price of a bus ticket went up almost 300% while the standard salary baseline stay almost stagnant with like 10-20% increment. In the meantime though, the public can be assured by the government officials "the new increment will not burden them" again and again.

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