HARD times beckon as Malaysians usher in a year of price hikes in less than two weeks.
Undoubtedly, we will all feel a tad poorer, as our discretionary spending power gets squeezed by the increase in prices of some basic items such as fuel, sugar, electricity, and possibly, highway toll rates. Although we have been told that some of us, in particular those who belong to the low-income group, would be spared from the direct impact of the price hikes, it is unlikely that anyone could escape the spill-over effects of higher costs of basic items.