When I first arrived in Miri back in 1980, a fresh graduate could earn about RM1,000. For those lucky fews who managed to work for oil and gas company, the starting pay was RM1,800. So, I use my first month pay to buy a Honda Cub, a 90 CC motorcycle. Petrol cost was about RM5 per week. I used that for some 3 years before I bought my first car, a Toyota GL 1300cc. I remember the salesman called Mr. Tan Seng of Toyota convinced me that new stock would cost more. So, that car cost me RM19K. I used it until today. I am not convinced that I need to change car.
Anyway, I am talking about today. Starting graduate pay for private company is between RM1000-2000, ie, hardly any better compare to 30 years ago. So, see the prices of fish in Miri now...
I noticed that the prices of fish shot up a few years ago when the prices of diesel gone up to RM1.80/litre. But the government subsidized their diesel and the prices of fish still remain high! What is happening?
Compare these prices with developed countries, eg, UK, our ability to buy fish is even worse than them.
Perhaps I should become a fisherman!