malaysia food stamp

It was reported in the Sunday paper on 31 july 2011, that malaysia  is considering to provide food stamps to cushion the rising food price. The deputy PM Muhyiddin blame the rising global price and to show the government seriousness to handle the issues, the rising cost of living was included in the NKRA.

It is normal for NKRA to have its own target to define the requirement.Without a definite figure the talk will carry no value.

Some people may blame the way the government is managing the country's finance. The cost of corrruption is too high.We had seen the 500 mil for the purchase of the submarine and billions more from the PKNZ. They are not the last in the list.

MACC death of Teoh

About 2 years ago the aide of an opposition politician died while under interrogation by MACC. The interrogation was to squeeze for information to implicate the politician on corruption. Teoh was not the accused by only a witness.

When inquest was made, the outcome was an odd one. Teoh, was considered did not commit suicide and either he was murdered. Either they did not know or did not want to commit thus making the royal commission to be form.

The announcement of the RCI was made in 22 July 2011. The decision of RCI was Teoh commit suicide.

This had caused upset to the family members, and some others who do not believe that he commit suicide.

Illicit Cigarettes

The headline for Tuesday 26 Apr is about the illicit cigarettes in Malaysia.  Malaysia has became the no 1 country in the world with the highest trading on illegal cigarettes.

The people smokes a staggering nine billions sticks of illegal cigarettes annually. The problems is not only limited to the lost of earning but it had many more surprises.

1. Shocking contents of the fake clones - Many unsuspecting smokers think that they had a bargain, a cigarettes minus the high cost, but what they do not know is the harm these clones can bring about.

2. The customs estimates billion $$ of tax money had gone missing.

Read More about it..

Malaysians smoke nine billion sticks of illegal cigarettesevery year

Apr 26, 2011 ... KUALA LUMPUR: Malaysians smoke a staggering nine billion sticks of illicit cigarettes each year, which means that almost four out of 10 ...

thestar.com.my/news/story.asp?file=/2011/4/26/nation/20110426082729&sec=nation

Malaysians smoke nine billion sticks of illegal cigarettes every year

KUALA LUMPUR: Malaysians smoke a staggering nine billion sticks of illicit cigarettes each year, which means that almost four out of 10 cigarettes smoked here are illegal.

Such cigarettes, which contain high levels of tar and nicotine, have become a growing scourge in Malaysia so much so that the country has become the world's No. 1 country in the trading of illicit cigarettes.

It is also costing the Government up to RM2bil in lost revenue from taxes.

A recent report by Goldman Sachs, the global investment bank, revealed astonishing details on the extent of the illegal trade.

Full story in The Star today