00:00 My most important argument is why the electricity price has been rising repeatedly.
00:07 One day in January last year, the ICPT price, although the price did not rise,
00:13 but because the ICPT price has changed from 37 cents to 21 cents per kilowatt hour,
00:22 and finally dropped to 17 cents, but the impact of the electricity bill is 30 to 40 percent.
00:33 This again causes all parties, including the investors, including the central bank, to raise the price.
00:44 This is something we cannot deny.
00:47 And last July, the electricity bill for more than 1,500 kilowatts per hour, which is more than 700 ringgit,
00:58 was raised by almost 30 percent at once.
01:03 Starting this year, on January 1, the price rose 5 to 6 percent for the 600 kilowatts per hour category
01:11 to 1,500 kilowatts per hour, including the use of RM220 to RM700.
01:17 This is what caused the price to rise three times in a short period of time.
01:22 The argument I bring is that if the price rises three times, we will experience a price increase,
01:29 because each will lower the cost borne by consumers.
01:35 That is the problem.
01:36 So my argument is, do not raise the SST rate.
01:42 For the poor B40s, they may not have been affected all this time,
01:50 but they are not affected in the context of electricity bill.
01:55 But they do not run away from the impact of the increase in SST rate,
02:05 or the increase in prices.
02:08 That is the problem.
02:10 So I want to emphasize, what was announced yesterday,
02:14 water is not affected,
02:17 and electricity is only stated as the basic requirement,
02:24 that is, the price of 600 kilowatts per hour is not affected.
02:28 That is, if your bill is less than RM220, you will not be affected, like a single-use electricity bill.
02:34 But what is not stated is commercial.
02:38 That is still affected.
02:40 And now with the hot weather, many families have increased their income.
02:44 This is the problem.
02:45 And I think the M40 is narrowed.
02:48 And the business community cannot run away.
02:51 It will be affected by 2%.
02:53 I strongly urge the government,
02:55 I am worried that this aspect will increase the price of goods.
03:00 [End of Audio]
03:09 [BLANK_AUDIO]
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