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Formation Of Price Council Proof BN Cares, Says Muhyiddin

Posted by admin

Tuesday, 12 February 2008 00:49

MUAR, Feb 11 (Bernama) -- The formation of the National Price Council shows the Barisan Nasional's (BN) commitment in tackling the problem of spiralling prices to ensure the people are not unnecessarily burdened, said Umno vice president Tan Sri Muhyiddin Yassin.

Muhyiddin, who is also Agriculture and Agro-Based Industry Minister, said the setting of the council was a long term strategy by the government to keep prices of essential goods in check and not just because the general election is around the corner.

"It shows how serious the BN is about this. The election will only last about a week or two but the problem of spiralling prices may last a long time," he told reporters after making a check on the BN election machinery for the Sungai Raya state seat in Bukit Pasir here Monday.

He said the step (to form the council) was taken because the government feared if the problem was not brought under control, the people might be burdened by prices tripling or quadrupling as had happened in some countries.

The opposition were trying to distort to issue to gain political mileage, he said, adding that BN members had been instructed to provide the people with the correct picture of the situation as price increases of essential goods were a worldwide phenomenon and not peculiar to Malaysia.

Comments (13) Add Comment

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written by gtpan, February 12, 2008 00:56:12

What a bulls*** !! smilies/angry.gif

Guest what?? after election, all price will go up skyhigh!!
Vote BN (barang naik) out this coming election!!

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written by lunas oh lunaih, February 12, 2008 01:02:43

The price spiralled because of our stupid MINISTER.Inflated project etc.They create inflation and now trying to control it..I doubt they will be able to do so.

Heiiiiiiiiiiiii wise malaysian..VOTE BN OUT...plzzzzzzzzzzz

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written by The dragonheart, February 12, 2008 03:04:26

National Price Council ? for what? to hike the price higher so that the UMNO businessmen gets richer by asking the poor rakyat to pay for more?

Your Selangor MB even want to charge anyone who collect rainwater for personal use... what the hack!

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written by Debbie, February 12, 2008 06:20:38

For umpteen years the Rakyat has been complaining, now only form this stupid council..which will eventually do a AAB performance ZZZZZZZZZZZZZZ

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written by SOS, February 12, 2008 07:36:07

Formation Of Price Council Proof BN Cares, Says Muhyiddin

Yeah, right! Just like Semi Value showed that he care for the Indians by installing hotline!!??Stupido!

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written by rayfire, February 12, 2008 08:07:14

Muhyiddin, the title shld be fromation of Price Council shows BN is SCARED!
Have you heard of proactive management!
These price hikes should have been anticipated long before and should have steps taken not after the prices has changed, but as prevention of price changes.
this last minute council before election is just an eye wash!
Just walk down the street and ask any middle class citizens out there!
We are not ignorant anymore!
Be prepared to pay the price!

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written by krepot, February 12, 2008 08:32:28

Give us the assurance in writing that the prices of our commodities, especially cooking oil, petrol/diesel, flour, toll and gas will NOT go up after elections!

Can you Mr. Minister?

My vote is certainly for the opposition! smilies/angry.gif

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written by devious17, February 12, 2008 09:51:04

Forming a council and you are already using that as proof? smilies/cheesy.gif

muhyidin , you are no different from therest of hte monkeys in umno/bn laa smilies/tongue.gif

Results! Results! We want results!

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written by hiro, February 12, 2008 10:55:35

National Price Council is a sham. It does not take into account real inflation, and what it does is unnecessarily punish wholesalers and maybe producers. It will create price distortions and is a move backwards from a free economy.

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written by asguard, February 12, 2008 10:59:12

They just do it for now...(election)after election it becomes another story.. go to hell that is what they will be telling the public.. so don't be fool by devils... only know how to break promises rather than honour it....

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written by Sutha, February 12, 2008 17:06:39

Formation of a sleeping council (though it complies to Supremo's philosophy) does not mean anything but wastage of taxpayers' money.

Understand that, Man with outgrown shirt?

Big shirt is also a waste of taxpayers' money.

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written by InEffective, February 12, 2008 20:53:32

how much you care is not really relevant to the rakyat.

Achieving results for the rakyat is relevant.

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written by ahmadbadrul40, February 13, 2008 06:40:43

Open up the economy to the world and you will have the cheapest product flooding the market. No need for Price council. It is bullshit. Most of Malaysian comodity is already controlled price. Price determine by both the goverment and the business.

For example:- Bernas, Proton, steel, flour, sugar and etc. are already control by the goverment and big businesses. There is already and artificial control price by the goverment. If the goverment really want to bring the price down, first of all open up the automobile market, so that the Thais, Indians and Chinese cars can come in. That will definitely reduce greatly our cost of living.

Secondly, open up the flour, sugar and rice market. So that these comodities reflect the real market price. Thirdly, reduce all import tax and duties to zero, so that there is free trade with the rest of the world.

Is the Goverment willing to do it? NO WAY. Because it will reduce their monopoly on certain comodities and automobiles. And that will definitely reduce their political power. They won't do it.

Like I said before, only economy chaos can bring the BN goverment down. Opposition will never be able to bring the goverment down. But I think BN is close to bringing the economy to a halt. Our economy competetiveness is losing to Vietnam, Thailand and Indonesia. Sooner rather than later, our economy will be in recession. Save your money and wait for BN to collapse.

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