That’s what’s we’re getting, as the Malaysian ringgit has appreciated significantly against major currencies like the US dollar, Euro, Aussie and pound sterling.
As the booze we drink here is imported, prices should have dropped by now. The currencies have lost 20% against the ringgit. So if u used to pay 15 bucks for a particular beer, it should now cost only $12.
If u used to pay $300 for a bottle of liquor, the price now should be $240. That’s quite a difference.
Have the brands or distributors or bars or restaurants reduced prices? I’ve yet to see any!
That to me is FRAUD.
But dont expect any mercy from businesses.
When Carlsberg Malaysia and GAB raised their beer prices by a mere 3% a coupla months back, some places raised beer prices by 50 cents! Thats more like 10%. Which is more than three times the stipulated increase.
But stay tuned if our currency depreciates – then businesses be stepping on each other’s fuckin faces to raise prices.
The same goes for other imported products – prices of stuff like mobile phones, Macs, cameras, chocolates & cookies, cars, fuel, outdoor gear, magazines, foodstuff, shoes, electronic products, shitloads of other stuff too.
But as usual, Malaysians are getting shafted up the ass by businesses. Screwed by the drinking business too.