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<blockquote data-quote="B33mEr" data-source="post: 438638" data-attributes="member: 13609"><p>Do you see South Korea or Taiwan producing rubber??? I guess not <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite6" alt=":cool:" title="Cool :cool:" loading="lazy" data-shortname=":cool:" /> We're moved way past the agricultural economy and into manufacturing tho resources and labour cost is higher in our country it is offset by the higher educated workforce we have as compared to 3rd world countries hence we have INTEL, AMD, MOTOROLA, FREESCALE and other MNC electronics and IT company in Malaysia also do take note that there are plans to move from manufacturing to knowledge based economy ... </p><p></p><p>Why on earth you're mentioning RM2.70 price during an oil crisis worlwide is beyond me are you aware that at that time the world prices per barrel went as high as USD 140 or more ...<strong> Plus it lasted only for 6 month</strong> in which the government re-instated the subsidy once the oil prices drop down back to normal. What on earth can, any government for that matter, do with that very short period???? </p><p></p><p>You mentioned R&D ... lol I'm speaking about commercial entity that will find it's competitive advantage through R&D among many other ways to differentiate and to remain competitive not about universities. But however i do recognise and agree that R&D by universities is very important, in areas such as Bio tech, medical, agro farming, material science and many more, towards making Malaysia a knowledge based economy.</p><p></p><p>And of course the taxi drivers ... what is it that they don't complain about? They complain about everything and yet the government agreed on the revision of taxi rates last year, cheap NGV fuel plus pay 50% on tolls</p><p>Also did you know that during the oil crisis in 2008 the government announced fuel subsidy for the taxi driver to help ease their burden??? Why take taxi driver as an example is beyond me.</p><p></p><p>The main reason why we need to cut down the subsidy lies here:</p><p></p><p><a href="https://docs.google.com/viewer?url=http://www.lawnet.com.my/lawnetpublic/2010BudgetSpeech.pdf" target="_blank">https://docs.google.com/viewer?url=http://www.lawnet.com.my/lawnetpublic/2010BudgetSpeech.pdf</a></p><p></p><p>The government is adamant in improving our standard of living and too do that they need to reduce as much subsidies as they can.</p></blockquote><p></p>
[QUOTE="B33mEr, post: 438638, member: 13609"] Do you see South Korea or Taiwan producing rubber??? I guess not :cool: We're moved way past the agricultural economy and into manufacturing tho resources and labour cost is higher in our country it is offset by the higher educated workforce we have as compared to 3rd world countries hence we have INTEL, AMD, MOTOROLA, FREESCALE and other MNC electronics and IT company in Malaysia also do take note that there are plans to move from manufacturing to knowledge based economy ... Why on earth you're mentioning RM2.70 price during an oil crisis worlwide is beyond me are you aware that at that time the world prices per barrel went as high as USD 140 or more ...[B] Plus it lasted only for 6 month[/B] in which the government re-instated the subsidy once the oil prices drop down back to normal. What on earth can, any government for that matter, do with that very short period???? You mentioned R&D ... lol I'm speaking about commercial entity that will find it's competitive advantage through R&D among many other ways to differentiate and to remain competitive not about universities. But however i do recognise and agree that R&D by universities is very important, in areas such as Bio tech, medical, agro farming, material science and many more, towards making Malaysia a knowledge based economy. And of course the taxi drivers ... what is it that they don't complain about? They complain about everything and yet the government agreed on the revision of taxi rates last year, cheap NGV fuel plus pay 50% on tolls Also did you know that during the oil crisis in 2008 the government announced fuel subsidy for the taxi driver to help ease their burden??? Why take taxi driver as an example is beyond me. The main reason why we need to cut down the subsidy lies here: [url]https://docs.google.com/viewer?url=http://www.lawnet.com.my/lawnetpublic/2010BudgetSpeech.pdf[/url] The government is adamant in improving our standard of living and too do that they need to reduce as much subsidies as they can. [/QUOTE]
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