Thursday, July 15
如何减低政府的财务负担
不是削减津贴!不是增税!是减少贪污才对!
依我看,舞弊数额减低个10%,政府就有几十亿资金可用了。
活在马来西亚,发生这种事,难免令人联想到,政府的资金是不是被朋党捞得7788了,要想办法“开源”了?
汽油、柴油、煤气 —— 终于涨价了
Subsidies for RON 95 petrol and diesel will be reduced by five sen a litre and LPG by 10 sen a kilogramme, said a statement from the Prime Minister's Office.
This means RON 95 grade petrol will cost RM1.85 a litre while LPG will be sold at RM1.85 per kilogramme.
"RON97 petrol will no longer be subsidised. It will be subjected to a managed float under which the price will be determined by the automatic pricing mechanism.
"For sugar, the upward price adjustment is 25 sen a kilogramme, it said.
The statement said the minimal changes would help Malaysia achieve a position of fiscal responsibility and "put us on a path towards reducing our deficit."
"To meet these objectives, we have chosen to make adjustments to our subsidies," it said.
Even after these changes, the Government will still spend an estimated RM7.82 billion on fuel and sugar subsidies this year.
Fuel and sugar prices in Malaysia will still be among the lowest in the region, it said.
It said the subsidy rationalisation will allow Malaysia to reduce Government expenditure by more than RM750 million this year.
The decision to reduce fuel and sugar subsidies was based on the fact that reducing fuel subsidies would have the greatest impact on Government spending and reducing sugar subsidies "will allow us to promote healthier lifestyles, it said.
-- BERNAMA
Sunday, July 11
Saturday, March 14
OPEC Will Consider ‘All Options’ as Oil Demand Extends Slide
March 13 (Bloomberg) -- OPEC will probably opt for a combination of a production cut and greater compliance at this weekend’s meeting in Vienna, Venezuela’s oil minister said, as the group predicted demand will extend its slide.
“We have to insist on higher compliance of the cuts, which we believe has been good, but needs to be completed,” Rafael Ramirez said in an interview as he arrived for the March 15 meeting. “We have to look at the fundamentals of the market and the macro economic situation. It is very complicated.”
The Organization of Petroleum Exporting Countries will review output against a backdrop of an economic slump that’s kept oil below $50. Members are still implementing 4.2 million barrels a day of reductions agreed on last year in an attempt to support prices.
“There is a risk of over-tightening and the last thing the global economy needs is a spike in oil prices,” Francisco Blanch, head of global commodity research at Merrill Lynch & Co., said in a Bloomberg Television interview. “OPEC should not think about cutting more until they meet their quotas.”
Kuwaiti Oil Minister Sheikh Ahmed al-Abdullah al-Sabah said “all options are on the table” at the meeting.
“We don’t want to hurt the international economy, but at the same we don’t won’t to hurt ourselves,” he said in an interview at Vienna airport today. “It is a very difficult equation. It is still undecided.”
Crude oil futures traded at $46.23 a barrel in New York today. Prices have risen 3.7 percent this year.
Demand Forecasts
The International Energy Agency and OPEC cut their 2009 forecasts for oil demand for a seventh month today and reduced supply estimates as the global economic slump saps consumption as well as investment in new fields.
Both organizations see demand slumping by more than 1 million barrels a day this year. The Paris-based IEA, adviser to 28 nations, reduced its forecast to 84.4 million barrels a day, a decline of 1.25 million barrels from 2008. OPEC’s estimate dropped to 84.6 million barrels, down 1.01 million barrels.
OPEC implemented about 79 percent of planned output cuts amounting to a record 4.2 million barrels a day to stem falling prices, according to the group’s monthly report.
Oil inventories are “above average” and Venezuela is seeking a price floor of $70 a barrel, Ramirez said. Venezuela has cut production by more than 300,000 barrels a day, he said.
Analyst Survey
In a Bloomberg survey, 31 of 41 analysts said OPEC will limit output for the fourth time next week. Of those, 13 expect a reduction of 500,000 to 1 million barrels a day, 12 say 1 million barrels and two estimated 1.5 million. The rest declined to provide an estimate. Ten of the 41 analysts anticipated no change. The analysts were surveyed on March 3 and March 4.
Hannes Loacker, an analyst at Raiffeisen Zentralbank Oesterreich, said a compromise could be a relatively small cut of 500,000 barrels a day, “otherwise, there will be a negative market reaction.”
Algerian Energy Minister Chakib Khelil said two days ago in Algiers that he thought OPEC will likely reduce production, saying “the market expects a reduction and we have to reduce otherwise prices will fall.”
To contact the reporter on this story: Fred Pals in Vienna at fpals@bloomberg.net
Last Updated: March 13, 2009 14:07 EDTMonday, March 9
Chamber: Help Bumi Traders Overcome Crisis
KUALA LUMPUR, March 7 (Bernama) -- The Malay Chamber of Commerce Malaysia has requested the government set up a RM2 billion fund to help Bumiputera entrepreneurs ride out the current economic slowdown.
Its deputy president, Datuk Muhammad Muhiyuddin Abdullah, said the fund could be the same as Entrepreneur Recovery Fund, which was handled by Bank Negara Malaysia during the previous economic crisis.
He said the Entrepreneur Recovery Fund helped entrepreneurs recover especially those who faced difficulties getting financial assistance from the banks.
He said this at the annual general meeting of the Kuala Lumpur Malay Chamber of Commerce here today.
Minister in the Prime Minister's Department Tan Sri Amirsham A. Aziz, officiated at the meeting.
Muhammad Muhiyuddin said the request was forwarded to Second Finance Minister, Tan Sri Nor Mohamed Yakcop, two months ago.
"It is hoped that the request would be accepted and will be part of the mini budget that would be tabled in Parliament next week," he said.
-- BERNAMA
那班友又出来狮子张大口了!这次要政府设立20亿令吉基金协助他们减轻债务。他的脸皮还真的厚如中国长城,我超怀疑他有政治势力撑腰否则我就不信他敢说得这么口响。
注:如果公司经营有方,保留现金过严冬,现在正是并购优良企业的好时机。
Saturday, February 28
Cabinet Defers Indefinitely New Toll Rates
这样朝令夕改的坏习惯何时要纠正?
展延调高过路费对全民来说固然是个值得庆幸的事儿,可是,两个补选过后,谁敢担保工程部长又说要调高过路费??没有人敢写包单。就连首相我都不太敢相信。