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Thestar: Saturday May 28, 2011 By YVONNE TAN yvonne@thestar.com.my   WHILE there's fear that subsidy cuts would burden consumers heavily and inflation could spike up, this could be more perception than reality. Yeah ... ‘It is the bottom 40% who earn less than RM1,500 per month that we should be concerned about.’ In fact, economists and industry observers generally feel that the situation may still remain manageable for most Malaysians . For one, Dr Yeah Kim Leng , chief economist at RAM Ratings Bhd points out that 60% of Malaysian households, on average, earn more than they spend. “So they have a buffer to protect against rising prices. It is the bottom 40% who earn less than RM1,500 per month that we should be concerned about,” he says. Consumers, particularly in this income group will have to respond to the changing prices by adjusting their spending patterns, paying for only the essentials, Yeah says. For others, the effect of higher prices may dissipate quickly...

Now there are rumuor spreads about  Malaysia is going to import gas (LPG/LNG) starts next year. It is said that the gas reserve will only adequate until 2014, but now it shows oppositely.  What is going on? Do we run out of gas or what? Currently our country  specific in Peninsular are using in ratio of 58% LNG, coal (37%) and hydro (5%) for electricity generation [ Bab 6 : Minyak Gas dan Tenaga, ETP reference book] . The subsidized gas is also used by independent power producer (IPP) to produce electricity for our country. From the data below it is showed that Malaysia is at rank 8 for natural gas export. Not bad at all!! Why we have to import gas early than expected? Is it due to the growth of power demand and no new well found? Or due to gas already chartered by Japan to contra the loan that had been given (rumour source)??? I hope this is not true... What ever it is,  we will face great impacts later or sooner from the revise petrol price and electricity...

Inconsistency annoucement by c... goverment ministerssss.... "Ha! Ha! Ha! Ini harta Ahmad Albab yang punya...... Ahmaaaad Albaaaab! Ha! Ha! Ha! PLINK!!!!!!" In another term I think.... "Ha! Ha! Ha! Ini Petroleum Ana yang punya......  Anaaaaaa Punyaaaaaa!!!! Kah! Kah! Kah!.... Engkau satu.... aku dua.... engkau satu.... aku dua, tiga, sepuluh......". This is the best formula for subsidy cut... ------- Thestar: Thursday May 26, 2011 MYT 2:08:00 PM PETALING JAYA: The government will review the fuel subsidy if oil prices reaches between US$110 and US$120 per barrel, says Deputy Finance Minister Datuk Donald Lim Siang Chai. The government yesterday decided to maintain the prices of RON95 petrol, diesel and liquefied petroleum gas (LPG) for the time-being. "We know at this juncture, a lot of other things have also increased, including food prices and housing. So the government decided not to increase (fuel prices," he told reporters after opening Stan...

"Inflation rise? No! No! We have a measure and new economy transformation now take place... Inflation won't affect the country, don't worry.. The next measure is to rise electricity tariff and to cut so called subsidy including the rising of RON95 sooner won't affect the majority...  Who say we won't cut subsidy to make sure the sustainable of country economy development....", said The Kindergarten Finance Minister at Kampungku Tadika... ---- Thestar: Tuesday May 24, 2011 KUALA LUMPUR: Inflation may accelerate, should there be more cuts to the fuel subsidy or hike in electricity tariffs. Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz said the inflation rate would be revised upwards, depending on price increases. Malaysia’s inflation rate rose to a 24-month high of 3.2% year-on-year in April after a 3% increase in March. A rise in inflation, of between 3% and 3.5%, has been priced into the central bank’s projections, Zeti told reporters yesterday f...