Singapore’s Fuel Subsidy Policies reflect on Malaysia’s
June 29, 2008
SINGAPORE: Singapore’s increase in costs of living problem cannot be solved by giving subsidies, said Minister Mentor Lee Kuan Yew. Urging AGAINST subsidies, he said that even countries like China and Malaysia have started to re-think their policies on this.
Cutting petrol duties and giving out subsidies are not the answer to soaring global oil prices. Instead, National Development Minister Mah Bow Tan suggested modifying lifestyles to cut household bills. This involves car pooling, using public transport, or just turning off lights and air-conditioning when not needed.
This year alone, crude prices have risen some 40 per cent. He explained that if subsidy is given, it would send the wrong signal to consumers about the real price of oil. ‘Subsidising oil will not be right as it would encourage consumers to use more oil, which would drive up the price even more. ‘We want to make sure that we pay the correct price for oil and tackle the problem in a sustainable way.’
Ring any bells? Emm..








i actually do not foresee any benefit when malaysian are given a subsidy of RM625 or so forth is a good solution, becos after one year they are subsidised with this, what is goin to be given from government next year?? or after next year??? country will certainly become poorer when cash can turn up blank after we have spent that…
Instead they should use the money for something more realistic and has long term effect…for example they can use that money to improve or public transport, especially train like in germany or japan. Oil prices in the world definitely will not become cheaper and cheaper…
also, malaysian’s income are far lower than in singapore or some other countries like hongkong or japan. that;s why we have the significant impact when our income cant’ telerate with the output.
what can you do? THIS IS MALAYSIA (using the slang in the movie 300, if you watched)!!
just ignore. nothing we can do at all.
they have mouth, but not ears, they have no feelings and proper brain.
just don’t blame those idiots….hahahaha