Step aside SIA, DBS, Temasek!
You are all small boys in the big league. You have tried so hard, think so hard, employed the best money can buy from the world. You have the best super talents to do the sums. How much are you making together? $5b, $10b? Petronas made $24.4b just simply pumping oil from the ground. No need to work so hard, think so much, hair all turning white, and taking great risks. And they are raising petrol pump prices by 41%! They cannot afford to subsidise their people because everyone is not subsidising. Err, not exactly. Everyone is the non oil producing countries or net oil importers. For the oil producers, some are selling oil to their people for less than US 30c per gallon. No wonder the Malaysians are protesting. What a lucky country! Only unfortunate thing is that the leaders are not thinking. People cut subsidies they also must cut subsidies.