TAPIS is the name for the crude that Malaysia sells, frequently at a higher price to WTI. So we make more than most per barrel, about 8% more?
As for the twice monthly pay proposed for civil servants, ask for weekly pay. That way people might get paid for 52 weeks instead of the 48 weeks that you are paid for now.
24 x twice monthly = 48 weeks pay, the first 2 weeks covers 15 days, the second between 13 to 17 days.
52 weeks x 1 = 52 weeks. Then your 13th month bonus will actually be for the thirteenth month.
took this from some where…
I thought I would mark this occasion in TOD ANZ history:
Today, Wednesday 7th November 2007, the price of TAPIS oil produced in Malaysia and used as the Asian regional benchmark hit $100 per barrel, as published by Upstream Online:
http://www.upstreamonline.com/market_data/?id=markets_crude
Here is how the table of oil prices looked at 3:40pm Australian Eastern Summer Time (AEST):
You can also see the run in prices that has occurred over the last four weeks (this chart in Australian dollars):
