Monday, May 09, 2005

Prices Up

Despite the Govt.'s call to businesses not to increase prices and absorb the increase in costs due to the recent increase in fuel prices, it is clear that almost everyone has ignored the call.

I was shocked to find out that bus tickets to Alor Star from KL by almost RM5. Fortunately, I had bought the tickets earlier before they increased the prices. My friend was not so lucky and he was grumbling: “a 20 sen increase in fuel and tickets go up by RM5”. That means extra expenditure for people like us who have families in KL and work elsewhere.

I feel that some of these companies are taking advantage of the situation to exorbitantly increase the price of their products. Forget about absorbing the costs they are looking at it as a way to increase profits.

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