POWER TARIFF HIKE IN LINE WITH OVERALL PRICE TREND.

(From Bernama The Malaysian National News Agency)

from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, May 24 (Bernama) -- The 12 percent hike in electricity tariff is in line with the overall price trend and therefore deemed reasonable, an economist said

The managing director of RAM Consultancy Services Sdn Bhd, Dr Yeah Kim Leng, said the consumer price index (CPI) itself had increased by 19.8 percent over the last nine years

"Electricity is included under the gross rent, fuel, power category and this category had seen a 13.2 percent increase in the last five years. As such the 12 percent increase in tariff has made up for the increase …