KUALA LUMPUR, June 17 — Petronas has welcomed the rationalisation of petrol subsidies, noting that such subsidies are unsustainable, said Petronas president and group chief executive officer Tan Sri Tengku Muhammad Taufik Tengku Aziz.

KUALA LUMPUR, May 26 — The rationalisation of RON95 subsidies will be implemented in the second half of 2025, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

PUTRAJAYA, Dec 20 — The government has agreed to provide a diesel subsidy to ferry, passenger boat, and roll-on roll-off (roro) ferry operators on the main islands, effective January 1.

KUALA LUMPUR, Dec 11 — The classification of the T15 (top 15 per cent) income group for the RON95 subsidy rationalisation will be announced by the first quarter of 2025, said Economy Minister Rafizi Ramli.

KUALA LUMPUR, Dec 10 — The inflation of national medical costs and the Royal Addendum related to the 61st decision of the Federal Territories Pardons Board will be among the focus of today’s Dewan Rakyat sitting.

KUALA LUMPUR, Sept 25 — More light is expected to be shed on the subsidy rationalisation of RON95 and whether the government is looking to reintroduce the goods and services tax (GST) in Budget 2025, said RHB Investment Bank Bhd (RHB IB).

KUALA LUMPUR, July 22 — Subsidy rationalisations are part of the government’s initiative to lower annual borrowing to RM86 billion, from RM93 billion in 2023 and RM100 billion in 2022, said Prime Minister Datuk Seri Anwar Ibrahim.

KUALA LUMPUR, July 18 — Malaysian Rating Corporation Bhd (MARC) estimates that a 10 per cent decrease in RON95 fuel subsidies could narrow the fiscal deficit by around 0.2 per cent of the gross domestic product (GDP).

KUALA LUMPUR, July 18 — The RON95 targeted subsidy mechanism will fully utilise data from the Central Database Hub (Padu), and eligibility for the subsidy will be based on net household disposable income, said the Economy Ministry.

KUALA LUMPUR, July 2 — Prime Minister Datuk Seri Anwar Ibrahim today said indicators to measure living costs have been modified to ensure that they are in line with the country’s current development.

KUALA LUMPUR, July 2 — The government will study the effects of subsidy measures before deciding on the need for RON95 subsidy rationalisation.

KUALA LUMPUR, May 26 — Prime Minister Datuk Seri Anwar Ibrahim has embarked on what is surely a difficult but bold move to rationalise fuel subsidies and, unlike previous leaders, defied the temptation to be populist.

BACHOK, March 2 — The Kelantan branch of the Domestic Trade and Cost of Living Ministry (KPDN) has approved the construction of two non-subsidised petrol stations in Rantau Panjang and Jeli, meant exclusively for foreign nationals.

KUALA LUMPUR, Jan 2 — The Central Database Hub (Padu), launched today by Prime Minister Datuk Seri Anwar Ibrahim with a focus on fair subsidy distribution, will help in the effort to reduce fuel subsidies by RM6 billion this year by allowing “means-testing” eligibility based on net disposable income.

KUALA LUMPUR, April 13 — The National Action Council on Cost of Living (NACCOL) meeting which was held today heard a presentation by the Ministry of Domestic Trade and Cost of Living (KPDN) on the initial results of the Border Economy - Supply of RON95 Petrol and Diesel without subsidy initiative, among other things.

PUTRAJAYA, April 3 — The number of unsubsidised fuel stations in the country’s border areas will be increased in stages to combat the problem of leakage in the sale of subsidised diesel, said Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi.

KUALA LUMPUR, June 10 — The government still has sufficient funds to continue to provide fuel subsidies to the people despite rising global crude oil prices.

NILAI, Feb 14 — The Ministry of Domestic Trade and Consumer Affairs (KPDNHEP) cracked down on the misappropriation of 26,459 litres of subsidised diesel worth RM56,886 at a petrol station at Jalan Klang Banting in Kuala Langat, Selangor, on February 10.

KUALA LUMPUR, Feb 20 — RAM Ratings expects Malaysia’s overall inflation rate to rise to 1.8 per cent in January 2020 from 1.0 per cent in the preceding month, underpinned by higher transport fuel inflation amid the low-base effects of retail fuel prices.