Helpless to stem price increases


I REFER to the reports under the headline “Unlocking the future” (The Star, Sept 2) about the New Industrial Master Plan 2030, which, among others, aims to raise median income in the manufacturing sector from RM1,976 to RM4,510 by 2030. On paper, this looks like a very good plan.

But let’s put things in perspective. About 30 years ago when I was in my 20s, the price of a typical low-cost house was about RM25,000. With RM100,000, one could afford to buy a mansion.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Inflation

Next In Letters

Heartfelt thanks to shining examples of Malaysian brotherhood
Impromptu piano performances strike a chord with LRT commuters
Justice must be blind to be effective
Vigilance and maintenance key to preventing tree falls
Unable to give informed feedback on PJ local plans
Give and take - Thank you for the surau
Prepare students to master AI, not just use it
Building a responsible digital economy
History offers lessons in tackling rising TB cases
Use policy to drive healthier lifestyles

Others Also Read