Aftermath Next??

After March 8th 2008, June 4 must be the second most shocking day for most Malaysians in 2008. Petrol prices was increased 78 cents to ridiculously RM2.70 per litre while diesel prices skyrocketed to RM 2.58 per litre, up RM1 from previous price.

I've been bombarded with forwarded emails for whole day, with emails stating of how we were actually cheated by government, how our petrol price can be controlled etc etc. Honestly, those stuffs just don't strike me anymore. Why the cry over split milk? Not that government will turn back its decision despite of the massive outcry by the rakyat, the actual kingmaker who chose the government of the day. In fact, the increase is unevitable, being in line with the increasing world market price of crude oil. We all knew it's going to happen but the rate of increase apparently caught everyone in a shock.

In one report, Idris Jala, MD of Malaysia Airlines said there's actually more than enough of oil supply in the world at the moment but the rising prices are works of speculators. Being an ex-Shell guy added more credentials to his statement. There's some Soros' out there making hell of a profit & there's no one seems to care about stopping this (increasing prices) It's coming....it has happened & nothing we can do to stop it. We just need to move on. The magic question now is - how are the ordinary citizens (that's you & me) goin to move on from here???

This is just the beginning with the impending aftermath of a national level inflation, as predicted by economicians & politicians. Tenaga Nasional has increased its rates of electricity supply. Coupled with the continued rising prices of rice, all basic stuffs in our daily life will bound to cost more with some parties will take full advantage by increasing the prices unnecessarily. The "roti canai" I had for breakfast near my place in SS14 Subang yesterday, now costs me RM1.10 each !!!! Being in an airfreight forwarding industry means I'm in the frontline of the worse hit affected industries. Trucking costs increased two fold in a space of a day. One full tank for a 40-footer trailer now costs RM750.00. Airlines has given hints of increasing fuel surcharges within a month. The most painful truth is being tied to contract agreement with customers, we're unable to divert the increased costs back to them.

Back to the question, it's time to sit down & lists down the things in order to negate the inflation. Let me think about it & share with all next time...