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Prices of many essential foodstuff have gone up gradually over the last few months, causing concern among consumers that the cost of living may shoot up if the authorities do not act to stop the trend.
STUDENTS learning the economic geography of Malaysia should be very familiar with the phrase 'eradication of poverty'. That was one of the three objectives of the New Economic Policy (NEP), which had been drafted in 1970 and continued to be the standard policy for economic development until 1990. The New Development Policy (NDP) replaced the NEP in 1991.
The Malaysian Employers Federation (MEF) disagrees with Socso's plan to increase the salary ceiling for contributors, saying there is no basis for doing so.
Rising prices of steel and such commodities as crude oil and edible oils globally have resulted in higher raw materials cost to manufacturers.