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subsidy

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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
BUDI MADANI proves govt not washing its hands of people's lives

BUDI MADANI proves govt not washing its hands of people's lives

The govt introduced the BUDI MADANI initiative to ensure subsidy allocations target eligible groups and reduce the burden on those in need.
Mon Jun 17 2024
COP29 climate summit draft proposes rich countries pay $250 billion per year

COP29 climate summit draft proposes rich countries pay $250 billion per year

The draft finance deal criticised by both developed and developing nations.
Fri Nov 22 2024
Bomb squad sent to London's Gatwick Airport after terminal evacuation

Bomb squad sent to London's Gatwick Airport after terminal evacuation

This was following the discovery of a suspected prohibited item in luggage.
Fri Nov 22 2024
Kelantan urges caution amidst northeast monsoon rains

Kelantan urges caution amidst northeast monsoon rains

Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Fri Nov 22 2024
Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
Fri Nov 22 2024
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
Fri Nov 22 2024
KTMB provides two additional ETS trains for Christmas, school holidays

KTMB provides two additional ETS trains for Christmas, school holidays

KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
Fri Nov 22 2024
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Fri Nov 22 2024
Findings by dark energy researchers back Einstein's conception of gravity

Findings by dark energy researchers back Einstein's conception of gravity

The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
Fri Nov 22 2024
NRES responds to Rimbawatch press release on COP29

NRES responds to Rimbawatch press release on COP29

The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Fri Nov 22 2024
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Fri Nov 22 2024