Saturday, June 21, 2008

Price Of Paper, Stationery, Printing & Packaging Go Up By 10% - 40%! The Greed Merchants Have Started Their Plunder

The price of paper, stationery, printing and packaging products will go up by 10% to 40% starting Sunday, and possibly by 50% by the end of the year.

The Malaysia Paper Merchants Association, Selangor & Federal Territory Chinese Printing Presses' Association, Malaysia Printers Association and the Selangor & Kuala Lumpur Stationers & Booksellers Association jointly announced the increase on Saturday.

Selangor & Federal Territory Chinese Printing Presses' Association secretary Alexander Lee told reporters at a press conference that the price hike was inevitable.

"There has been a tremendous increase in the global price of raw materials, especially pulp.

"The industry has tried to absorb the global raw material price surge without increasing product prices, but it cannot sustain this anymore," he said. (The Star)

***** These buggers had been waiting for an opportune time to screw the nation and now with the fuel price hike and with the government more concerned about trying to stay in power than worry about rising prices, these greed merchants have struck this weekend. This is just the beginning. Let us await the thousands of other avaricious bastards who feed off our economy and are now eagerly standing in line to take their turn at right royally pillaging us. I wonder what Shahrir Samad has to say about this?
Image - Source

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Anonymous szeyee said...

OMG !! price hike so suddenly and predict 50% end of year, there is nothing that government can control?

7:02 PM GMT+8  

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