Nuffnang Add

Thursday, October 31, 2013

Open sugar market for better prices

Published: Thursday October 31, 2013 MYT 12:00:00 AM 
Updated: Thursday October 31, 2013 MYT 7:24:16 AM

I APPLAUD the Government for its efforts in Budget 2014 to curb inflation in our economic activities.

I think we Malaysians have been extremely lucky that we have a government that’s both prudent in its finances and forward thinking in its “high impact” and infrastructure projects.

Nonetheless, the Government has a long way to go to eradicate our rakyat’s “tidak apa” attitude towards public funds and corruption, which I believe can only be done through education.

The 6% GST is a brilliant initiative, but the Government should thoroughly evaluate how the GST will affect the lower income.

For example, if we can, medicines, books, children’s clothes and basic foods should be exempted from the GST.

The GST should be regarded as a luxury tax, therefore it’s only right that essential items that affect the daily lives of most Malaysians should be exempted.

I also see no logical reasons why we should maintain a duopoly in the supply of sugar in Malaysia, especially after the Government decided to remove the sugar subsidy.

We should open the market (remove sugar APs) to allow importers to sell imported refined sugar products, thus ensuring that we get the best possible price for this basic commodity.

In addition, if other groups want to build sugar refineries in Malaysia, the Government should encourage them.

Kuala Lumpur

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