Heck, what again.
Another round of price increase in petrol and diesel. I know it's a pain in everyone's ass. It hurts more for my parents as my father operates a transport company. RM0.30. Now we are talking about significant increment, and a definite inflation for civilians.
Recent years, due to multiple times of price hike, transport companies have to struggle so much to survive. It's so painful seeing my dad dwelling in the pain and I can't do a thing to help. Most of the time, things won't resolve simply by marking up the price. According to my dad, there isn't a good association for the transport companies in Malaysia that is powerful enough to gather everyone together. There is no such things as consensus deal. If you mark up the price, that will just chase the customers away as believe it or not, despite the high petrol cost, other companies would still be able to offer a lower price for the customers. Recent years, it's so tough not to lose money, let alone earn. The spare parts, the petrol, accidents repair ... different woes remain aside from the highly competitive market.
There is no bright future for companies like my dad's. In a few more years my dad will be retiring. I am hoping that day to come sooner as the business has been the main cause for my parents to age faster.