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.

"Marilah Kita Fikirkan Apa yang Ditulis oleh Bekas Perdana Menteri Kita yang Ketiga Kerana Terdapat Hikmah Disebaliknya"

dipetik dari laman "Tun Dr. Mahathir Mohamad"

Punca dan Cara-cara Mengatasi Lumba Haram

Pembabitan remaja dalam kegiatan lumba haram bukanlah satu isu
luar biasa dalam masyarakat kita hari ini. Oleh sebab desakan naluri remaja
yang suka mencuba dan tidak takut pada risiko yang bakal ditempuh, mereka
berani melakukan apa-apa sahaja. Mereka ini mudah berasa seronok dan
ingin mencuba apa-apa yang dipaparkan oleh media. Pengaruh rakan sebaya
banyak memainkan peranan dalam menentukan pemilihan aktiviti yang
gemar dilakukan oleh kelompok remaja ini. Remaja akan mengikuti apa-apa
yang dilakukan oleh kawan-kawan mereka.

Selain itu, cara hidup remaja itu sendiri juga mendorong gejala ini
berlaku. Kebanyakan remaja berpendidikan rendah lebih cenderung
melibatkan diri dalam kancah lumba haram ini. Pergaulan mereka hanya
terdedah kepada kelompok yang sama dan memiliki tahap pemikiran yang
sama apatah lagi sekiranya masing-masing sentiasa memberikan galakan dan
semangat berbaur negative antara satu sama lain. Mereka bangga dan
seronok dengan pujian serta cuba menarik perhatian orang lain.

Keseronokan dan kepuasan merupakan tujuan utama dalam diri mereka.
Ada kalanya, faktor kurangnya kasih sayang dan perhatian turut
mempengaruhi tindakan serta sikap remaja. Apabila berasa bosan, mereka
mengambil jalan mudah dengan mencari hiburan di luar rumah bersama-
sama rakan sebaya yang lain. Tempat tinggal yang kurang selesa dan sempit
turut mempengaruhi minda dan emosi golongan ini. Lebih-lebih lagi apabila
ibu bapa asyik meleter sekiranya mereka berada di rumah.

Ibu bapa harus sedar bahawa perhatian yang secukupnya perlu diberi
kepada anak-anak agar mereka berasa diri mereka dihargai. Selain itu,
sayangilah mereka bagai menatang minyak yang penuh agar mereka berasa
diri mereka dikasihi. Luangkan masa untuk berbual bersama anak-anak,
mendengar luahan serta rintihan hati mereka. Penguatkuasaan undang-
undang memang perlu dalam usaha menangani gejala ini daripada terus
berlarutan. Jangan biarkan mereka berasa lali dan tidak kisah dengan
hukuman yang bakal dikenakan kepada mereka.

Motivasi dan kaunseling diperlukan untuk membantu membendung
masalah sosial ini. Kita jangan terlalu memberi tekanan kepada mereka
kerana zaman remaja memang penuh dengan tekanan dan gelosa. Mereka
sentiasa inginkan perhatian di samping pengiktirafan golongan dewasa.
Berinteraksilah secara matang dengan golongan remaja sebegini agar
mereka tidak berasakan diri mereka diperlakukan seperti budak kecil.
Kesimpulannya, kita jangan terlalu menuding jari terhadap golongan
remaja. Sebaliknya, sebagai individu dewasa, kita perlu membantu golongan
ini secara lebih rasional dan matang.

JANGAN KITA BIARKAN NYAWA BELIA KITA YANG CERDIK PANDAI TERGADAI.

Malaysia Kini Sedang Membangun dengan Drastik

Malaysia – Kenegaraan yang sedang membangun


Terletak di tengah-tengah rantau Asia Tenggara, Malaysia terdiri daripada Semenanjung Malaysia dan negeri-negeri Sabah dan Sarawak di pulau Borneo. Di sebelah utara Semenanjung Malaysia ialah Thailand, manakala jirannya di sebelah selatan ialah Singapura. Sabah dan Sarawak menyempadani Indonesia, manakala Sarawak juga berkongsi sempadan dengan Brunei Darussalam.

Malaysia dianggap sebagai salah sebuah negara Asia yang paling berpelbagai dari segi budaya dengan penduduknya yang berbilang etnik dan berbilang budaya yang terdiri daripada kaum Melayu, Cina, India dan lebih daripada 200 kumpulan suku kaum peribumi. Lebih 26 juta orang hidup di negara pendapatan sederhana ini, dengan tujuh puluh peratus tertumpu di Semenanjung Malaysia.

Sejak merdeka pada tahun 1957, Malaysia telah memulakan haluan yang progresif untuk meningkatkan kedudukan sosial dan ekonomi negara dan rakyatnya. Hasil daripada pembangunan dan kadar pertumbuhan ekonomi yang tinggi, tahap kemiskinan dan pengangguran telah berkurang dengan ketara, dan ini juga dapat menangani ketidakseimbangan sosioekonomi yang lain.

Pendidikan rendah sejagat telah dicapai menjelang tahun 1990. Penurunan dalam kadar kematian ibu dan anak adalah luar biasa dan tahapnya sekarang adalah serupa dengan kebanyakan negara maju. Peningkatan ini adalah disebabkan oleh sistem penjagaan kesihatan asas yang dimajukan dengan baik, termasuk pelaburan yang besar dalam perkhidmatan kesihatan reproduktif, dan perolehan air, sanitasi dan pemakanan yang berkualiti.

Dengan pendapatan negara kasar per kapita sebanyak RM 17,687 pada tahun 2005*, pembangunan modal insan yang berterusan terus menjadi strategi penting bagi menjamin kelebihan kebersainganan Malaysia di peringkat serantau dan seluruh dunia. Aspirasi Malaysia adalah untuk menjadi negara maju sepenuhnya pada tahun 2020. Dikenali sebagai Wawasan 2020, strategi yang dimulakan pada tahun 1991 ini, menggambarkan sebuah negara yang maju sepenuhnya bukan sahaja dari segi ekonomi malah dari segi politik, sosial dan kerohanian.
* Sumber: The State of the World's Children 2008