No More Cheap Sugar For Malaysian

Billionaire Robert Kuok surprise exit last week from the trade that his family has controlled since the 1940s is raising concern that the days of stable sugar prices in the country may be numbered. Sugar is a controlled commodity in Malaysia and now is in government hand of control or I can said in BN hand.

— Reuters pic">From The Straits Times said "The government has always been able to count on billionaire Robert Kuok to keep domestic sugar prices steady even in times of great volatility in world markets." make me feel that sugar price next year will go up and all consumable product will go up too. Like it or no next year as a Malaysian life will be vary tough.

Robert Kuok is well-known as the Sugar King, so it become rich is because sugar and by logic now in government hand so government may make profit on it. I'm thinking if next year government increase the sugar price who will benefit on it? Like TNB ever year they said loss how many GWatt and need increasing price but ever year end the profit is good. Now government already said this business is tough same like TNB story so government already give you sign that no more cheap sugar for all Malaysian.

In The Straits Times also said“He did the gentlemanly thing by selling it to a government agency so it would make it easier for the government to dismantle the monopoly,” I think the monopoly is change hand to government. Hopefully a better future may happen.