Behind The Rise of Oil Price and Goods

With its own stability, peacefulness and prosperity, Brunei is one of the countries which has attained and attracted focus for foreign investors and became a choice for tourists to come and visit the country. Unsettled about the issues of global warming and natural disasters which had hit some of the countries worldwide, we are now yet shocked with the crisis of oil price rocketing, causing rise indirectly to the global food price. The price issues are not only felt in Brunei Darussalam, but other regions of the world face the problem.

We are really grateful enough for not encountering the hit as badly as other countries do. Thanks to the awareness and understanding of Brunei’s Government regarding the situation. We are thankful that until now the Government is still subsidizing our daily needs of rice, sugar, LPG (home gas) and petroleum since three decades ago. Although the subsidy value paid by His Majesty’s Government rises from year to year without adding the burden to its people, we however need to remind ourselves to always spend wisely. To spend extravagantly should be avoided. Instead, to be thrifty and being smart in saving money are cultural attitudes that we should perish in managing our expenses.

It’s time for us to realize this reality, in fact we should have been a long time ago. What had happened taught us a useful lesson. What’s clear now is that we have no power to control the increase of oil and food price. However, we have the full ability to handle and balance out our way of life. For those interested in going for a tour for example… (actually, I’m one of them myself;)) usually visiting other countries with huge expenses, why not once in a while be a domestic tourist or at least you can choose a low-cost tourism package suiting your needs. The same thing goes for other cases as well.

Of course the old days and the present are different. Time changes. While struggling with the issues mentioned earlier, the global economy will continue rolling its play in what seems like an endless game. In whatever the situation is, a change in behaviour and attitude are important aspects in our lives. Let us recall and review back our past few years. How about a few years ahead? It should be an interesting thought to go through. With the cost of living rising high and the needs increases day by day, we should adapt simplicity in every matter. Enjoy life as it is. Plan your expenditure and practice minimal use of every energy resources or daily food outcome.

Be thankful to what we have and don’t forget to offer some hands to those needed. In spite of all these matters, let us all not forget to pray for our country to always be blessed with peace and prosperity and will continue to pour with livelihood as well as a better future waiting ahead.