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Govt won't allow non-citizen vehicles to enjoy RON95 subsidy - Economy Ministry

Govt won't allow non-citizen vehicles to enjoy RON95 subsidy - Economy Ministry

The implementation of the RON95 subsidy in 2025 is expected to provide savings of RM3.6 billion to government expenditure.
Tue Nov 26 2024
Targeted subsidy for RON95 petrol necessary to address leakage

Targeted subsidy for RON95 petrol necessary to address leakage

Non-citizens, the commercial sector, and smuggling activities make up around 40 pct of total petrol consumption, current data shows.
Tue Nov 05 2024
Targeted subsidies: Govt to continue protecting interests of 85 pct population - PM

Targeted subsidies: Govt to continue protecting interests of 85 pct population - PM

The main point here is the (targeted) subsidies should not burden the 85 pct of the population, says PM Datuk Seri Anwar Ibrahim.
Tue Oct 29 2024
Three reasons targeted diesel subsidy hasn't been implemented in Sabah, Sarawak - Armizan

Three reasons targeted diesel subsidy hasn't been implemented in Sabah, Sarawak - Armizan

Datuk Armizan Mohd Ali is committed to addressing subsidy leakages in these regions effectively.
Mon Oct 28 2024
Government considering terminating egg subsidy - Mohamad

Government considering terminating egg subsidy - Mohamad

Datuk Seri Mohamad Sabu said the government may end the egg subsidy to save RM100 million monthly for other critical agro-food sector needs.
Wed Oct 09 2024
Targeted diesel subsidy: Eligible applicants told to register for fleet card immediately

Targeted diesel subsidy: Eligible applicants told to register for fleet card immediately

Fuziah Salleh said KPDN revealed that just over 259,000 out of 410,000 eligible vehicles had applied for a fleet card under the subsidy.
Mon Aug 12 2024
Inflation, economic growth forecasts not affected by targeted subsidy implementation - MoF

Inflation, economic growth forecasts not affected by targeted subsidy implementation - MoF

According to MoF, the official 2024 forecasts for inflation and GDP growth remain at 2.0-3.5 per cent and 4.0-5.0 per cent, respectively.
Wed Jul 31 2024
Subsidy rationalisation part of efforts to cut yearly borrowing to RM86 bil in 2024 - PM

Subsidy rationalisation part of efforts to cut yearly borrowing to RM86 bil in 2024 - PM

The government aims to decrease annual borrowing to RM86 billion in 2024 from RM93 billion in 2023 and RM100 billion in 2022.
Mon Jul 22 2024
[COLUMNIST] Subsidy rationalisation, rents and inflation

[COLUMNIST] Subsidy rationalisation, rents and inflation

Constrained business rents are vital to control the cost of doing business and the cost of living.
Thu Jul 04 2024
Targeted fuel subsidy: Decrease in diesel seizures - Armizan

Targeted fuel subsidy: Decrease in diesel seizures - Armizan

Datuk Armizan Mohd Ali said the downtrend is based on comparison during the 20 days before and after implementing targeted diesel subsidy.
Thu Jul 04 2024
Applications for refunds under SKDS 2.0 open on July 1 - MOF

Applications for refunds under SKDS 2.0 open on July 1 - MOF

The government will begin accepting applications for refunds from recipients of the Subsidised Diesel Control System (SKDS) 2.0 on July 1.
Fri Jun 28 2024
Govt confident of achieving 2024 inflation, GDP targets even with diesel subsidy retargeting

Govt confident of achieving 2024 inflation, GDP targets even with diesel subsidy retargeting

The government is targeting headline inflation of 2.0-3.5 per cent and gross domestic product growth of 4.0-5.0 per cent for this year.
Mon Jun 24 2024
Price hikes by S’pore tour agencies show diesel subsidy rationalisation needs to continue - PM

Price hikes by S’pore tour agencies show diesel subsidy rationalisation needs to continue - PM

All tour buses and travel companies from S'pore want to raise prices because they can't get diesel subsidies, said Datuk Seri Anwar Ibrahim.
Tue Jun 18 2024
Report to KPDN if egg prices do not drop - Consumer movement

Report to KPDN if egg prices do not drop - Consumer movement

The government decided to lower chicken egg prices nationwide by 3 cents each to pass on targeted subsidy savings to the public.
Mon Jun 17 2024
Diesel subsidy not abolished, gov't still bears RM7 bln in subsidies - PM

Diesel subsidy not abolished, gov't still bears RM7 bln in subsidies - PM

Diesel subsidy rationalisation ensures efficient management to prevent misuse and reach the appropriate groups.
Mon Jun 17 2024
G7 seeks unity on ICC arrest warrant for Netanyahu

G7 seeks unity on ICC arrest warrant for Netanyahu

The United States, part of the G7, has rejected the ICC decision, with President Joe Biden describing it as outrageous.
Tue Nov 26 2024
Francissca Peter remembers Tan Sri Ahmad Nawab: A tribute to a musical legend

Francissca Peter remembers Tan Sri Ahmad Nawab: A tribute to a musical legend

A legend who has influenced our music for decades, was one of the highlights of my career, says Francissca Peter.
Tue Nov 26 2024
TikTok decision coming soon as Jan. 19 divestment deadline looms

TikTok decision coming soon as Jan. 19 divestment deadline looms

Judges are reviewing TikTok's challenge to a law requiring ByteDance to sell its US assets by Jan. 19 or face a ban.
Tue Nov 26 2024
Lebanese sources: Biden, Macron set to announce Israel-Hezbollah truce

Lebanese sources: Biden, Macron set to announce Israel-Hezbollah truce

In Washington, White House national security spokesperson John Kirby said, "We're close" but "nothing is done until everything is done".
Tue Nov 26 2024
PM meets chaebol tycoon to attract more FDI to Malaysia

PM meets chaebol tycoon to attract more FDI to Malaysia

Chaebols are prominent figures from South Korea's family-owned conglomerates.
Tue Nov 26 2024
Govt won't allow non-citizen vehicles to enjoy RON95 subsidy - Economy Ministry

Govt won't allow non-citizen vehicles to enjoy RON95 subsidy - Economy Ministry

The implementation of the RON95 subsidy in 2025 is expected to provide savings of RM3.6 billion to government expenditure.
Tue Nov 26 2024
Ringgit opens lower as greenback gains ground

Ringgit opens lower as greenback gains ground

Dr Mohd Afzanizam says the market responded positively to news of hedge fund manager Scott Bessent heading the US Treasury Department.
Tue Nov 26 2024
Management of low-cost housing, gov't quarters, focus at Dewan Rakyat today

Management of low-cost housing, gov't quarters, focus at Dewan Rakyat today

Also among the highlights, UNICEF report on 12.3pct of teenagers in Klang Valley's PPR face mental health issues and suicidal tendencies.
Tue Nov 26 2024
UN Resolution 1701, cornerstone of any Israel-Hezbollah truce

UN Resolution 1701, cornerstone of any Israel-Hezbollah truce

Here are the resolution's main terms, and a note about subsequent violations and tensions.
Tue Nov 26 2024
Record aid worker deaths in 2024 in 'era of impunity', UN says

Record aid worker deaths in 2024 in 'era of impunity', UN says

So far this year there have been 281 aid worker victims, according to the Aid Worker Security database.
Tue Nov 26 2024