1st Jan 2010
How many of you still enjoying? How many of you started to realize something bad is happening?
First day of the new year, government gave the public a big gift by increasing sugar price, increase RM0.20 for every 1kg of sugar. Worst case, they allow F&B industry including hawkers to raise their product (any food and drinks as long got sugar content) RM0.10. Cited, "Teh O Ais kurang manis"?Sama harga. Unless u order "Teh O Kosong. How many drinks can you make with 1kg of sugar?10 or 20? Let's assume 10, 1kg increase 20cents, 10 cups of drink gives you extra RM1 profit but you are paying 20cents for 1kg of drinks, so basically you still earning extra RM 0.80. Dam. I am considering to quit study and go for F&B industry. Our government is so funny, after all the inflation thingy, our government ask to cut sugar content in food and drinks due to the citizen health. "Malaysians consumed 26 teaspoons of sugar a day compared with the recommended seven tea spoons". Later on, Our Sugar King, Robert Kuok, are enjoying his profit by doing this stuff "Kuok are paying US$20mil for 14.37 million shares of United Co Rusal’s US$2bil Hong Kong initial public offering (IPO)."
http://biz.thestar.com.my/news/story.asp?file=/2010/1/1/business/5398016&sec=business
Question 1
Where is all the profit our government have made all the while by selling sugar?
Question 2
Where do you buy all the sugar from?foreign companies?
Question 3
Are you controlling the monopoly power or the monopoly power controlling you?
Question 4
Why is only our country the only one have to increase but not other countries?
Question 5
why sugar increase 20 cent, teh tarik also increase 10 cent? 10/160 x 1000g = 62g of sugar in 1 cup of teh tarik?
*I wonder what is coming right after sugar issue. Petrol is increasing back to US dollar USD80. wonder will it affect our price this year?God Bless Us.
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