CI up, RM up. Well, I don't buy the Prime Minister's reasoning for why the Kuala Lumpur Composite Index went up to 1,411.19 points on Monday (even higher today), a record high for Bursa Malaysia. He said:The fact remains, however, that the CI did go up."...(the ECER) has to be among the reasons (for the CI's rise) as the east coast economic development corridor has become a reality now. This is what the market analysts are saying in their comments, whether in print or in television ... that the development of east coast economic corridor is something that has been waited for." [Read the full story here]
So did the ringgit, which recorded a 10-year high at 3.338 against the dollar yesterday.
So did the price of steel, which is going to cost taxpayers more to build Penang's Second Bridge, here.
So did the price of oil, which has surpassed US$92 per barrel.
And the number of illegal and legal migrants in the country.
The number of Cabinet committees this Administration has set up.
The number of empty corridors Malaysia has created.
And prices for essential items.
Now, even the number of people expected to turn up at the Dataran Merdeka on Nov 10 for the Rakyat Rally has gone up to 100,000 (form 10,000).
Does anything fall or come down anymore?
Tuesday, October 30, 2007
Does anything go down these days?
At 6:09 pm