OK, i have got to write something...thanks to those who have wished me..thanks for remembering and being such nice friends..
1. ct - sms - 00:01 06.06.08 - "i didn't mean to be the first person, but my alarm went off. So..epi bday! :-p
2. maziz - sms - 00:06 06.06.08 - " [a picture of a cake] Hepi b'day"
3. ayuikhwani - sms - 00:48 06.06.08 - "was driving td, but didn't forget. Happy birthday, Jida :)"
4. sweekoon - sms - 07:29 06.06.08 - "HAPPy Happy BIRTHDAY AZIDA! :) i slept last nite..hehe.." -- we share the same birthday ;)
for the rest...thanks for the shouts and wishes, i wish i'd have a handycam to record the moments.
Friday, June 06, 2008
06.06.08
It's my birthday. I have just got to book this space on this date..if not write something, probably later. I'm too overwhelmed with the day, and also the fact that I am not on leave from work on this very date like it has always been before annually.
Next year, 06.06.09, the date will fall on the same date as the Agong's Birthday. Lo' and Behold, it's a Public Holiday and a long weekend!
Next year, 06.06.09, the date will fall on the same date as the Agong's Birthday. Lo' and Behold, it's a Public Holiday and a long weekend!
What Mahathir has to say..
"Thursday, June 5, 2008
Oil Price
The price of crude oil has increased by 400 percent in the last three years. It follows that the price of products must increase, sooner or later. In other countries petrol prices had already increased. In the United Kingdom one litre of petrol sells for more than one pound sterling or RM7. In the United States it is about RM5.
That the price in neighbouring countries has gone up is shown by the rush to fill up by Thai and to a lesser extent Singapore vehicles.
The Government has now announced an increase in petrol price by 78 sen to RM2.70 per litre, an increase of more than 40 per cent.
I may be mistaken but there seems to be less vehicles on the road today. But obviously that is not all that will happen. All other consumer goods, services and luxury goods would increase in price.
The cost of living must go up. Put another way there will be inflation and the standard of living will go down.
Obviously our increase in petrol price is far less than in the United Kingdom or the United States. But our per capita income is about one-third of theirs. In purchasing power terms our increase is more than in the UK or the US.
The increase hurts but the pain is greater not just because of the increase percentage-wise is higher than in developed countries but because of the manner the increase is made.
A few days ago the Government decided to ban sale of petrol to foreign cars. It flipped. Now foreign cars can buy again. Flopped.
Knowing that in a few days it was going to raise the price and foreigners would be allowed to buy, why cannot the Government just wait instead of banning and unbanning.
But be that as it may what could the Government have done to lessen the burden on the people that results from the increase in petrol price.
In the first place the Government should not have floated the Ringgit. A floating rate creates uncertainties and we cannot gain anything from the strengthened Ringgit. Certainly the people have not experienced any increase in their purchasing power because of the appreciation in the exchange rate between the US Dollar and the Ringgit.
Actually the Ringgit has increased by about 80 sen (from RM3.80 to RM3.08 to 1 US Dollar) per US Dollar, i.e. by more than 20 per cent. Had the Government retained the fixed rate system and increased the value of the Ringgit, say 10 per cent at a time, the cost of imports, in Ringgit terms can be monitored and reduced by 10 per cent. At 20 per cent appreciation the cost of imports should decrease by 20 per cent. But we know the prices of imported goods or services have not decreased at all. This means we are paying 20 per cent higher for our imports including the raw material and components for our industries.
Since oil prices are fixed in US Dollar, the increase in US Dollar prices of oil should also be mitigated by 20 per cent in Malaysian Ringgit.
But the Government wants to please the International Monetary Fund and the World Bank and decided to float the Ringgit. As a result the strengthening of the Ringgit merely increased our cost of exports without giving our people the benefit of lower cost of imports.
This is not wisdom after the event. I had actually told a Government Minister not to float the Ringgit three years ago. But of course I am not an expert, certainly I know little about the international financial regimes.
I believe the people expect the increase of petrol price. But what they are angry about is the quantum and the suddenness. The Prime Minister was hinting at August but suddenly it came two months earlier, just after the ban on sale of petrol to foreigners.
If the increase had been more gradual, the people would not feel it so much. But of course this means that the Government would have to subsidise, though to a decreasing extent.
Can the Government subsidise? I am the “adviser” to Petronas but I know very little about it beyond what is published in its accounts. What I do know may not be very accurate but should be sufficient for me to draw certain conclusions.
Roughly Malaysia produces 650,000 barrels of crude per day. We consume 400,000 barrels leaving 250,000 barrels to be exported.
Three years ago the selling price of crude was about USD30 per barrel. Today it is USD130 – an increase of USD100. There is hardly any increase in the production cost so that the extra USD100 can be considered as pure profit.
Our 250,000 barrels of export should earn us 250,000 x 100 x 365 x 3 = RM27,375,000,000 (twenty seven billion Ringgit).
But Petronas made a profit of well over RM70 billion, all of which belong to the Government.
By all accounts the Government is flushed with money.
But besides petrol the prices of palm oil, rubber and tin have also increased by about 400 per cent. Plantation companies and banks now earn as much as RM3 billion in profits each. Taxes paid by them must have also increased greatly.
I feel sure that maintaining the subsidy and gradually decreasing it would not hurt the Government finances.
In the medium term ways and means must be found to reduce wasteful consumption and increase income. We may not be able to fix the minimum wage at a high level but certainly we can improve the minimum wage.
Actually our wages are high compared to some of our neighbours. The investors who come here are attracted not by cheap labour but by other factors, among which is the attitude of the Government towards the business community and the investors in particular.
From what I hear business friendliness is wanting in the present Government – so much so that even Malaysians are investing in other countries. There are rumblings about political affiliations influencing decisions. Generally Government politicians are said to be arrogant.
Malaysia is short of manpower. The labour intensive industries are not benefiting Malaysians. Foreign workers are remitting huge sums of money home.
The industrial policy must change so that high tech is promoted in order to give Malaysians higher wages to cope with rising costs of living.
The world is facing economic turmoil due to the depreciation of the US Dollar, the sub-prime loan crisis, rising oil and raw material prices, food shortages and the continued activities of the greedy hedge funds. The possibility of a US recession is real. In a way the US is already in recession. The world economy will be dragged down by it.
Malaysia will be affected by all these problems. I wonder whether the Government is prepared for this.
We cannot avoid all the negative effects but there must be ways to mitigate against them and to lessen the burden that must be borne by all Malaysians. I am sure the Government will not just pass all these problems to the people as the review of oil prices every month seem to suggest."
Thursday, June 05, 2008
Un-Believable.
The government announced an RM0.78 hike in the petrol price per litre. That brings us to RM2.70/L by midnite of 5th June 2008.
So much for the year that marks the auspicious date, 08.08.08 and 20.08.2008..
I have seen the goverment as being impatient in introducing the price hike. The speech made by the second finance minister and newspaper reports before 5pm 4th June 2008 gave many the impression that the new price would be introduced in August. Not until that I was informed by friends and newsflash on berita terkini on the tv that the new price will be introduced by 12 midnite on the same day. Imagine the mad rush..
I am getting the impression that the goverment is all excited especially at showing the people about who is in charge and who is at power. It really strikes my concern, what is with all the haste? Why in just about 7 hrs before the new price..even before the office hours ended. Why create "kegawatan" dalam negara within this 7 hours? Why can't they be more people friendly and give a longer time window, say..2 or 3 days before the price increase? Do they get all excited with the post announcement attention that they are getting? Do they feel popular now?
The goverment ministers, Prime Minister, they are paid in highly 5 figures, or perhaps 6 figures, I don't know..and maybe I have not included their side incomes.."tender berat sebelah", "kroni",scomi and what not.. They would hardly feel any blow personally. These people will never understand how the rakyat trying hard to digest the blow. It seems like they are too angkuh with their comforts and just couldn't be bothered.
So much about the RM625 per year for each car owned, why can't they translate it into a "subsidy". Via postal order?? What a joke. It's like something a government would do during a post merdeka era. Damnit, can't we control it via our IC with its so called smart card chip. It's a matter of configuring the machine settings. If the chip in our passport can show that we're Malaysian with all other details, why can't our IC control the RM625 as subsidy?
FOMCA today warns the goverment on the aftermath of the sudden high increase. There will be further increase in :
The only people who seem to be happy are the foreigners, Singaporeans in particular. Not only that the price is still much lower in Singapore, even the half-tank car fuel ban is off now. I am not blaming them when the star reports today that, " ..it is a sign that the goverment has been listening to the public.." public of which country come again??
Maybe someday i'll brace their effort, but as of now, Congratulations BN and UMNO, for booking your loss in the next election. I'm sick of this goverment and the face of the no talent Prime Minister and his ministers.
Related Links :
Malaysians outcry
Singaporeans relief
Foreign car fuel ban off :
FOMCA
Gasoline usage and price around the world
So much for the year that marks the auspicious date, 08.08.08 and 20.08.2008..
- not only that the summer movies sucks
- the highest increase in petrol price.. RM1.92-->RM2.70
- BN losses 4 states, first times for Kedah, Perak, Penang and Selangor, the biGGest loss for BN in history of Malaysia.
- opposition parties formed opposition coalition party
- Raymond resigns..he..he..
I have seen the goverment as being impatient in introducing the price hike. The speech made by the second finance minister and newspaper reports before 5pm 4th June 2008 gave many the impression that the new price would be introduced in August. Not until that I was informed by friends and newsflash on berita terkini on the tv that the new price will be introduced by 12 midnite on the same day. Imagine the mad rush..
I am getting the impression that the goverment is all excited especially at showing the people about who is in charge and who is at power. It really strikes my concern, what is with all the haste? Why in just about 7 hrs before the new price..even before the office hours ended. Why create "kegawatan" dalam negara within this 7 hours? Why can't they be more people friendly and give a longer time window, say..2 or 3 days before the price increase? Do they get all excited with the post announcement attention that they are getting? Do they feel popular now?
The goverment ministers, Prime Minister, they are paid in highly 5 figures, or perhaps 6 figures, I don't know..and maybe I have not included their side incomes.."tender berat sebelah", "kroni",scomi and what not.. They would hardly feel any blow personally. These people will never understand how the rakyat trying hard to digest the blow. It seems like they are too angkuh with their comforts and just couldn't be bothered.
So much about the RM625 per year for each car owned, why can't they translate it into a "subsidy". Via postal order?? What a joke. It's like something a government would do during a post merdeka era. Damnit, can't we control it via our IC with its so called smart card chip. It's a matter of configuring the machine settings. If the chip in our passport can show that we're Malaysian with all other details, why can't our IC control the RM625 as subsidy?
FOMCA today warns the goverment on the aftermath of the sudden high increase. There will be further increase in :
- goods
- electricity - confirmed. for some reason, it is increased
- crime rates - confirmed. for the obvious reason
- cost of materials and productions - houses, buildings
- inflation - used to be RM50/week for petrol, now it would be around rm80++/week. How much does RM100 worth now?
The only people who seem to be happy are the foreigners, Singaporeans in particular. Not only that the price is still much lower in Singapore, even the half-tank car fuel ban is off now. I am not blaming them when the star reports today that, " ..it is a sign that the goverment has been listening to the public.." public of which country come again??
Maybe someday i'll brace their effort, but as of now, Congratulations BN and UMNO, for booking your loss in the next election. I'm sick of this goverment and the face of the no talent Prime Minister and his ministers.
Related Links :
Malaysians outcry
Singaporeans relief
Foreign car fuel ban off :
FOMCA
Gasoline usage and price around the world
Country/Territory  | US$/L | US$/gal | Local units | Date of price | Sources |
|---|---|---|---|---|---|
| Australia | 1.48 | 5.60 | A$1.54/L | 2008-05-27 | [5] |
| Bahrain (Manama) | 0.27 | 1.02 | BHD 0.100/L (95 Octane) BHD 0.080/L (90 Octane) | 2008-04-29 | [6] |
| Belgium (Brussels) | 2.23 | 8.44 | €1.45/L | 2008-05-12 | [7][8][9] |
| Brazil (São Paulo) | 1.59 | 6.02 | R$2,59/L | 2008-04-29 | [citation needed] |
| Canada | 1.45 | 5.49 | C$1.45/L | 2008-05-30 | GasBuddy.com [7] |
| Chile | 1.27 | 4.81 | CLP 605/L | 2008-05-29 | [8] |
| China | 0.74 | 2.80 | RMB 5.13/L | 2008-05-27 | CNN Money/[9]/[10] |
| Colombia | 1.07 | 4.05 | $7400/G | 2008-05-24 | |
| Croatia | 1.95 | 7.38 | HRK 8.99/L | 2008-05-23 | INA Unleaded 95 [10] |
| Cyprus | 1.63 | 6.17 | €1.04/L | 2008-04-22 | for Unleaded 95[11] |
| Denmark (Copenhagen) | 2.46 | 9.31 | DKK11.50/L | 2008-05-28 | [8] |
| Dominican Republic | 1.51 | 5.72 | 2008-05-27 | [12]/diariolibre.com | |
| Egypt (Cairo) | 0.32 | 1.21 | 2008-05-05 | [11][12] | |
| Eritrea | 2.53 | 9.58 | 2008-05-06 | [13] | |
| Estonia | 1.75 | 6.62 | EEK 17.40/L | 2008-05-27 | [13] |
| Finland | 2.35 | 8.90 | €1.511/L | 2008-05-28 | [14] |
| France | 2.13 | 8.06 | 2008-05-06 | [13] | |
| Germany | 2.31 | 8.74 | €1.481/L (Normalbenzin) €1.477/L (Superbenzin) €1.546/L (SuperPlus) €1.486/L(Diesel) | 2008-05-28 | [15] |
| Greece | 1.95 | 7.38 | €1.24/L | 2008-05-12 | |
| Guatemala | 1.95 | 7.38 | $4.76/L | 2008-05-12 | |
| Honduras | 1.07 | 4.05 | Lps. 81.00/G | 2008-05-26 | |
| Hong Kong | 1.997 | 7.56 | HK$15.54/L | 2008-04-12 | Shell Hong Kong/[16] |
| Hungary | 1.985 | 7.51 | HUF 315/L | 2008-05-15 | |
| Iceland | 2.13 | 8.06 | ISK 159.20/L | 2008-05-27 | Olís/[17] |
| India (Bangalore) | 1.36 | 5.15 | INR 58.50/L | 2008-05-05 | |
| Indonesia | 0.65 | 2.46 | IDR 6,000/L | 2008-05-24 | Pertamina/[18] |
| Iran | 1.11 | 4.20 | 2007-05-05 | CNN Money/[19] | |
| Israel | 2.1 | 7.95 | NIS 6.73/L | 2008-05-31 | Israel Min. of National Infrastructures (Hebrew)[20] |
| Italy | 2.32 | 8.78 | €1.49/L | 2008-05-18 | [8] |
| Japan | 1.54 | 5.83 | ¥160.1/L | 2008-05-12 | The Oil Information Center Japan[21] |
| Kuwait (Kuwait City) | 0.21 | 0.79 | KWD 0.060/L (91 Octane) 0.065/L (95 Octane) | 2006-04-13 | [22]/Kuwait Oil Company |
| Malaysia | 0.84 | 3.18 | RM2.70/L | 2008-06-05 | New Petrol Prices in Malaysia |
| Mexico (Mexico City) | 0.62 | 2.35 | MX$6.80/L | 2007-05-05 | Banco de Información Económica/[23] |
| Monaco | 2.20 | 8.33 | 2008-05-06 | [13] | |
| Netherlands | 2.57 | 9.73 | €1.65/L (Euro 95) €1.73/L (Super 98) | 2008-06-02 | United Consumers [24] |
| New Zealand | 1.62 | 6.13 | NZ$2.059/L | 2008-05-27 | Pricewatch/fx.com on 2006-09-29 |
| Nigeria (Lagos) | 0.10 | 0.38 | 2005-03-13 | CNN Money/[25] | |
| North Korea | 0.71 | 2.69 | 101.139 KPW/L | 2006-11 | 2007 GTZ[26] |
| Norway (Oslo) | 2.65 | 10.03 | NOK 13.29/L | 2008-05-24 | Shell/[27] |
| Pakistan | 1.06 | 4.01 | Rs 68.81/L | 2008-05-04 | PSO/[28] |
| Philippines (Cebu) | 1.22 | 4.62 | P 53.40/L | 2008-05-27 | Caltex Philippines |
| Poland (Krakow) | 2.04 | 7.72 | PLN 4.36/L | 2008-04-15 | [29] |
| Portugal | 2.35 | 8.90 | €1.505/L (95 Octane) €1.634/L (98 Octane) €1.426 (Diesel) | 2008-05-28 | Galp official price MaisGasolina 2008-05-28 Update |
| Qatar (Doha) | 0.22 | 0.83 | QAR 0.75/L (97 Octane) QAR 0.67/L (90 Octane) | 2007-09-17 | [30] / The General Secretariat for Development Planning - State of Qatar |
| Romania (Bucharest) | 1.78 | 6.74 | RON 4.1/L | 2008-04-15 | [31] |
| Russia (Moscow) | 1.00 | 3.79 | RUR 23.82/L | 2008-05-07 | [14] |
| Saudi Arabia (Riyadh) | 0.12 | 0.45 | SAR 0.45/L (91 Octane) and SAR 0.67/L (95 Octane) | 2007-05-16 | [15][11] |
| Sierra Leone | 4.87 | 18.43 | 14400 Leones/L | 2008-05-01 | [32] |
| Singapore | 1.60 | 6.06 | S$2.379(VPower) S$2.26/L(98UL) S$2.186(95UL) S$2.153(92UL) | 2008-05-22 | Shell |
| Slovenia | 1.83 | 6.93 | €1.165/L | 2008-05-27 | Petrol |
| South Africa | 1.23 | 4.66 | R9.460/L | 2008-05-27 | SASOL [33] |
| South Korea | 1.95 | 7.38 | 1,960 KRW/L | 2008-06 | 2007 GTZ[34] |
| Spain (Madrid) | 1.94 | 7.34 | €1.23/L | 2008-05-27 | [35] |
| Sweden | 2.30 | 8.71 | SEK 13.64/L | 2008-05-22 | JET/ |
| Switzerland (Zurich) | 1.88 | 7.12 | CHF 1.95/L | 2008-05-28 | |
| Thailand | 1.18 | 4.47 | 38.39 Baht/L | 2008-05-15 | Ministry of Energy, Thailand/[36] |
| Trinidad and Tobago | 0.48 | 1.82 | $3TTD/L | 2008-05-26 | |
| Turkey | 2.68 | 10.14 | YTL 3.44/L | 2008-04-22 | NTV/[37] |
| Turkmenistan | 0.08 | 0.30 | TMM 400/L | 2006-11-25 | Turkmenistan.ru/[38] |
| UAE | 0.37 | 1.40 | AED 6.25/Imperial gal (95 Octane) AED 6.75/Imperial gal (98 Octane) | 2008-05-27 | [39]/Bahrain Tribune |
| Ukraine | 1.33 | 5.03 | UAH 6.4/L | 2008-06-01 | |
| United Kingdom | 2.26 | 8.56 | £1.14/L | 2008-05-22 | petrolprices.comUnleaded price graphBBC News |
| United States | 1.05 | 3.97 | $3.97/gal | 2008-06-02 | [16] |
| Uruguay (Montevideo) | 1.6 | 6.06 | U$ 32/L | 2008-01-12 | |
| Venezuela (Caracas) | 0.05 | 0.19 | Bs. 97; BsF. 0.097 | 2008-01-12 |
Tuesday, June 03, 2008
Somebody help me
I really, really, really can't get up in the morning..
Now I feel like it's taking its toll on my job..
Now I feel like it's taking its toll on my job..
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