Sunday, June 12, 2011


Idling boats.

Diesel subsidy.
Malaysian fishermen (or rather the boat owners) have been enjoying diesel subsidy over the years. Recent reduction of the subsidy make them stay away from the sea. I was at Tanjung Api, in Kuantan during recent school holidays and saw too many fishing boats idling away at the jetty.
Some of the trawlers operator had been leasing their licence to foreigners (Viet and Thai) to fish in Malaysian water which worsen the situation.
If the subsidy was given to them in order assist the poor fisherman to make a decent living why should it be removed now. Is it because they have become too wealthy and do not require these subsidy anymore? The fish price is already high as it is and I hope this is not another excuse to escalate it to higher level.
Despite the current issue I still enjoy breakfast of 'nasi dagang' at Tanjung Api fisherman jetty.

Thursday, June 09, 2011

MODERN IRON MINING.
Metal prices are high now days and it is appreciating all the time. Many banks provide an option for their clients to keep precious metal (gold/platinum) rather than FD or unit trust. The situation has created a new breed of modern iron miners. With out any mining experience they are producing tons of metal albeit illegally. Drain covers, fences and railways track have been carted by these unscrupulous  modern thief. Latest victim is our nation heritage in Malacca. Vintage cannon on top St John's Hill in Bandar Hilir had disappear overnight. Looked like 'besi burok' business is thriving.