fuel subsidy

Datuk Armizan Mohd Ali said the downtrend is based on comparison during the 20 days before and after implementing targeted diesel subsidy.

Shan Saeed said more countries are now removing subsidies and move to a more market-driven approach.

The Ministry of Domestic Trade and Cost of Living (KPDN) is in the final stage of establishing fuel stations with no subsidy in several other states after the ones in Perlis

The existing diesel subsidy system will continue and will be improved by ensuring that vehicles that transport diesel supplies from gas stations or skid tanks are equipped with a 'fleet card' system

MAFI will put forward the proposal by Nekmat to reconsider the petrol subsidy provision for C2 class fishing vessels.

The government still has sufficient funds to continue to provide fuel subsidies to the people despite rising global crude oil prices.

Datuk Seri Zafrul said the government heeds the people's concerns on the possibility of rising prices of goods as a result of the world oil price hike.

Prime Minister Datuk Seri Najib Razak says Malaysia is on the right track towards becoming a developed nation.

Riyadh also projected a shortfall of $87 billion in next year's budget, the first since King Salman took over the country in January.

One of the infrastructure weaknesses addressed was a large proportion of expenditure dedicated to fuel subsidy by the government.

The government remains confident of achieving its fiscal deficit target of 3.5 per cent of GDP following the removal of fuel subsidies.

With fuel subsidy locking in the impact of lower oil prices, Malaysia's deficit could decline below three per cent of GDP in 2015.

The fuel subsidy removal by the government is a positive move and will not have a significant impact on the economy, research firms said.

The fuel subsidy system is not the most efficient method to help those who are affected by the increase in the cost of living.

Datuk Seri Najib said it is a bit premature to disclose the matter and as such the present system will continue.

In Washington, White House national security spokesperson John Kirby said, "We're close" but "nothing is done until everything is done".

Chaebols are prominent figures from South Korea's family-owned conglomerates.

The implementation of the RON95 subsidy in 2025 is expected to provide savings of RM3.6 billion to government expenditure.

Dr Mohd Afzanizam says the market responded positively to news of hedge fund manager Scott Bessent heading the US Treasury Department.

Also among the highlights, UNICEF report on 12.3pct of teenagers in Klang Valley's PPR face mental health issues and suicidal tendencies.

Here are the resolution's main terms, and a note about subsequent violations and tensions.

So far this year there have been 281 aid worker victims, according to the Aid Worker Security database.

Here's how India counts farm fires - a major contributor to severe pollution in the north - and why its method is being questioned.

South Korea is hosting the fifth and ostensibly final UN Intergovernmental Negotiating Committee (INC-5) meeting this week.

The Transport Ministry will review a proposal requiring senior citizens aged 65 and above to undergo competency and health assessments before renewing their Malaysian Driving Licence.