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.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Inflation

   

Next In Letters

Managed Care Organisations must be regulated
Never take the heart for granted
How to make youths fall in love with science
Strong message for the UN
Thinking of Budget 2024 and how it should be
Struggling to deal with sky-high medical expenses
Aim for more dialysis centres
Morocco: The bright side of the dark and tragic earthquake
Consider animal welfare in Budget 2024
Where is our local white rice?

Others Also Read