FMT - Price hikes during festive seasons: Mavcom to fix domestic airfares (extracts):
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KUALA LUMPUR: Deputy Transport Minister Ab Aziz Kaprawi today assured that the Malaysian Aviation Commission (Mavcom) would fix the ceiling rates of domestic airfares soon to overcome price hikes during festive seasons.
He said Mavcom was expected to complete drafting proposals for airfares during festive seasons by June.
Mavcom had launched a study of the airfares after receiving complaints on the matter.
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He said Mavcom was expected to complete drafting proposals for airfares during festive seasons by June.
Mavcom had launched a study of the airfares after receiving complaints on the matter.
I personally am against the above or the controlling of prices of so-called 'essential items' such as eggs, oil, sugar, flour and what-not, with enforcers playing Big Brother over cups of mamak teh-susu-ais.
In Oz, prices will always rise when festivals approaches. MAS prices shoot up come Christmases, New Year Days, Chinese New Years and Cheng-Bengs. Christmases will always see prices of seafood, smoked poultry & meats, wine, etc rise. But life goes on without any government interference.
Yes, some opportunistic traders can be unscrupulous and avaricious. But if one doesn't like the increased prices, one doesn't buy it as no one forces one to. One's self control and restraint will be what moderate the prices.
The Malaysian government still pampers far too much to consumers. Leave the market forces to work out the prices.
It should only intervene when there is grave injustice, like a monopoly or cartel selling oil at exorbitant rates. Perhaps it may then be a good opportunity to switch to healthier lifestyle by steaming or grilling your terung and hard-boiling the eggs, and eating them with ulam and nasi, wakakaka.
