Reading this news, and I could not agree more. We are forking out our salary/money for necessity goods higher than any developed countries, or our neighbouring countries.
Govt said their vision is to have higher income in future for all malaysian citizen. Errrrrr....now only think of it? No wonder we still pathetic shape, and keep hailing those working in overseas to come back when unable to keep the existing one in good shape. All the countries hastily developing their society, zooming pass us in developing their countries in better shape than us in everything. How embrassing!! This country is a follower, not a leader. Yeah.....let's continue sitting in a comfy sofa till it flat out and watch others' passes by and we are just the cheering them on and be pat our shoulder on doing these "motivate" actions. :P
I dont think what vision 2020 will never achieve as the govt remain sitting a sofa and talk non-stop about improvement needed.. blah blah blah stuff. Move your ass and do something as we are still not there yet. Stop day dreaming and open your eyes to reality.
http://news.malaysia.msn.com/regional/article.aspx?cp-documentid=4785148
The Malaysian Insider, an online Malaysian news website, examined the purchasing power of Malaysians in comparison to nationals of other countries. The website cited a 2010 Prices and Wages report by UBS AG, a Swiss banking giant.
Here are the highlights:
The purchasing power of KL residents is 33.8% of New Yorkers; 42% compared to London, 33.7% to Sydney, 32.6% to Los Angeles, and 31.6% to Zurish.
KL workers need to labour 22 minutes for a bread loaf. In comparison, Los Angeles counterparts take 18 minutes. In Sydney, it's 16 minutes. In Tokyo, 15 minutes. In Zurich, 12 minutes.
The Malaysian Insider also compared broadband prices in Malaysia to those in countries. Even after currency conversion, Malaysia comes out on top... in expensiveness. Here's the summary:
Kuala Lumpur - 5Mbps broadband package - RM149
London - 10Mbps broadband package - GBP13.50
Melbourne - 5-8Mbps broadband package - AUD40
New York - 7Mbps broadband package - USD41.95
Here's another tidbit from The Malaysian Insider article:
In KL, a Honda Civic is priced at RM115,000 - 20 times an auditor's average monthly earnings.
In Melbourne & London, the price is respectively AUD25,000 and GBP19,000 - 3 times an auditor's average monthly earnings in those places.
