Thursday, June 9, 2011

Higher Oil Price: Someone is not complaining...in fact smiling all the way

How I wish that the Rakyat could share and smile too...but....it seems that only Petronas is smiling..sigh!, and some others too (Don't you think so?)....but definitely not the rakyat, for a matter of fact the rakyats are huffing and puffing, sweating over the inflation. Yesterday, for the financial year ending March 2011, Petronas announced their increase in the full-year PROFIT more than a third to RM63bil from RM45.5bil a year earlier. This increase in profit is largely due to the higher oil prices and larger volume of sales. I have been saying all these while that any increase in the world oil price would indeed benefit Malaysia...or in other words...I told you so...(Does this higher profits for Petronas translate into higher divident payment or royalty to the Government of Malaysia?, if the answer is yes, wouldn't you like to pray that it would be used for good, development purposes,) Why the Government doesn't want to announce these jovial news as front page news on the mainstream newspapers (afterall they owned them and could dictate what would be wrritten and what not).Why isn't it being broadcasted on the idiotbox (these are also owned and dictated by them). Don't they think that the rakyat also deserve to be told and should be happy, or do they think that Petronas belongs to the Powers to be...and it is their right to administer the profits/dividents/royalties or whatsoever name you call them, as long as dollars and sense. On the other hand they were splashing the news how the government suffers, have to dig deep into their coffers, in order to subsidize the rakyat...What now?...Walk the talk of accountability, transparency...and whatever you preached at WIEF in Astana Kazakhstan Mr Prime Minister, or is it mere talk, talks are cheap....it is actions that matters.The article of the increased profit only appears on the Biz section, and very small....I couldn't even see it on the national language mainstream newspaper...which is still going on with its PAS bashing session. Petronas is Petronas Nasional and belongs to the rakyat and should remain that way....not Petroliam Najib Serta rakan....
..............adios.........................a.h.baharom

1 comment:

  1. There is 'udang disebalik batu' agenda during WIEF at Kazakhstan...how's the 'engagement', Najib?? Kehkehkeh

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