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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
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
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
Targeted diesel subsidy: 10 companies called up for announcing price hike - Armizan

Targeted diesel subsidy: 10 companies called up for announcing price hike - Armizan

Datuk Armizan Mohd Ali said the companies were called up to explain the justification of their action.
Fri Jun 14 2024
Targeted fuel subsidy will help consolidate govt's fiscal position - Economists

Targeted fuel subsidy will help consolidate govt's fiscal position - Economists

Shan Saeed said more countries are now removing subsidies and move to a more market-driven approach.
Tue Jun 11 2024
Diesel subsidy savings will be redirected through public transport, STR - PM

Diesel subsidy savings will be redirected through public transport, STR - PM

The funds from the targeted subsidy are not for increasing ministerial allowances or other interests, said Datuk Seri Anwar Ibrahim.
Tue Jun 11 2024
Diesel price in Peninsula set at RM3.35 per litre starting June 10

Diesel price in Peninsula set at RM3.35 per litre starting June 10

Datuk Seri Amir Hamzah Azizan said the fixed price and targeted diesel subsidy implementation would see the govt save RM4 billion per year.
Mon Jun 10 2024
Who is he trying to defend? PM raps Hamzah over targeted subsidy

"Who is he trying to defend?" PM raps Hamzah over targeted subsidy

Datuk Seri Anwar Ibrahim said it was normal for PM to announce policy and relevant minister to provide details and follow-up actions later.
Fri May 24 2024
Gov't to implement targeted diesel subsidy involving consumers in Peninsular Malaysia - PM

Gov't to implement targeted diesel subsidy involving consumers in Peninsular Malaysia - PM

The targeted subsidy will not involve consumers in Sabah and Sarawak as it was used in nearly every family's vehicle in both states.
Tue May 21 2024
Govt to roll out targeted RON95 subsidy programme to roll out in 2024 - Rafizi

Govt to roll out targeted RON95 subsidy programme to roll out in 2024 - Rafizi

Implementing the subsidy retargeting programme by the end of 2024 would immediately translate into a better fiscal position for the country.
Mon Nov 27 2023
Formulation of targeted subsidy mechanism for petrol not easy - PM

Formulation of targeted subsidy mechanism for petrol not easy - PM

Datuk Seri Anwar Ibrahim said the implementation of targeted subsidies aims to ensure that only deserving individuals can benefit from it.
Thu Jun 15 2023
Targeted subsidy, price of goods among focus at Parliament sitting today

Targeted subsidy, price of goods among focus at Parliament sitting today

Issues on targeted subsidy, prices of goods and food security are among matters to be raised in Parliament today.
Mon Mar 27 2023
RTD data to determine targeted subsidies

RTD data to determine targeted subsidies

The database from the RTD is one of the elements that the government will use in identifying targeted subsidy recipients involving petrol.
Sat Dec 24 2022
[COLUMNIST] A dual-interest rate regime - as part of an overall targeted subsidy system

[COLUMNIST] A dual-interest rate regime - as part of an overall targeted subsidy system

It's already, in effect, implemented by other central banks.
Wed Dec 07 2022
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