QUOTE(Havoc Knightmare @ Jan 18 2020, 08:43 PM)
The people may say that they want lower toll rates, broadband prices and utility prices, but yet cannot accept lowered investment returns that comes as a consequence of such populist moves.
Come on, lowering the broadband prices was by no means a "populist move". We had almost the highest broadband prices in the world, certainly this couldn“t continue. In 2016 I was able to talk with a unit trust manager and asked him "Why do you not invest in TM shares with this massive revenues from the internet prices?". He answered because this certainly will not continue, within 3 years the prices in Malaysia will drop to a normal level".
Which was exactly what has happened. I still cannot believe I paid 250 RM per month for internet before.
Jan 18 2020, 11:51 PM

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