The costs of living will be a decisive election matter that will affect UMNO-led government to cling on to power in the 13th general election (GE). The Economist Intelligence Unit's (EIU) ranking of the world's most expensive cities has now placed Kuala Lumpur at the 74th position from 86th last year.
The issue now is that it is more expensive to live not only in Kuala Lumpur but also other cities, towns and even the rural areas of the country. It’s high inflation that cannot be reined by a bungling government which has led to this predicament. While the Consumer Price Index (CPI) – taken to be the official rate of inflation – is in the region of 3 percent plus last year, the masses feel that the figures flaunted by the government do not reflect the real situation on the ground.
“It can never be 3 percent when the price of a kilo of sugar has gone up from RM1.45 to RM2.50. It is a massive increase,” said a school canteen operator in Bandar Melaka.
Robert Kuok could still make good profit