Malaysia: Cost of living surges

ringgitCost for food, electricity and transport is rising fast in Malaysia, with some items and services becoming as much as 50 per cent more expensive.

As for food, the surge has been triggered after the government cut subsidies on sugar which is used in many local dishes. At the same time, Malaysia also relies on food imports which has made keeping prices in check difficult.

Petrol has become more expensive after the government cut subsidies by 20 sen (6 cents) a liter and on diesel by 20 to 80 sen a liter in September 2013.

Furthermore, LRT and Monorail fares are expected to go up in 2014 to compensate higher electricity prices which are slated to rise per January 1, 2014. KTM Berhad (Malayia’s railway operator) and Express Rail Link Sdn Bhd tickets are also expected to become more expensive.



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Cost for food, electricity and transport is rising fast in Malaysia, with some items and services becoming as much as 50 per cent more expensive. As for food, the surge has been triggered after the government cut subsidies on sugar which is used in many local dishes. At the same time, Malaysia also relies on food imports which has made keeping prices in check difficult. Petrol has become more expensive after the government cut subsidies by 20 sen (6 cents) a liter and on diesel by 20 to 80 sen a liter in September 2013. Furthermore, LRT and Monorail fares...

ringgitCost for food, electricity and transport is rising fast in Malaysia, with some items and services becoming as much as 50 per cent more expensive.

As for food, the surge has been triggered after the government cut subsidies on sugar which is used in many local dishes. At the same time, Malaysia also relies on food imports which has made keeping prices in check difficult.

Petrol has become more expensive after the government cut subsidies by 20 sen (6 cents) a liter and on diesel by 20 to 80 sen a liter in September 2013.

Furthermore, LRT and Monorail fares are expected to go up in 2014 to compensate higher electricity prices which are slated to rise per January 1, 2014. KTM Berhad (Malayia’s railway operator) and Express Rail Link Sdn Bhd tickets are also expected to become more expensive.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

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