Economists Back Two-Tier Pricing System for RON95 Fuel Subsidy
PETALING JAYA: Several economists have voiced their support for the two-tier pricing mechanism for the RON95 petrol subsidy, saying it trumps providing the people with cash assistance.
Two-Tier Pricing System: A Well-Structured...
Government's Airfare Initiative Proves Successful in Reducing Complaints
Transport Minister Anthony Loke's Assessment
The government's decision to extend subsidies to ensure the success of the airfare initiative during festive seasons has helped reduce people's grievances about high airline ticket prices, said...
Decarbonisation and Targeted Subsidies: A Balancing Act
The government's decision to implement targeted subsidies for renewable energy is a significant step towards reducing the country's reliance on fossil fuels and achieving decarbonisation. According to Natural Resources and Environmental Sustainability Minister...
Petrol Subsidy Rationalization: Classification of High-Income Group to be Announced in 1Q 2025
Key Takeaways
The classification of people in the country, particularly the high-income group (T15), for the RON95 petrol subsidy rationalization will be announced in the first quarter (1Q)...
Government Proposes Sugar Tax Hike to Combat Non-Communicable Diseases
The Malaysian government has proposed to raise the excise duty on sugary drinks by RM0.40 per litre in 2025 in a bid to lower the intake of sugar, a major contributor...
Government's Targeted Diesel Subsidy Yields Positive Results
Reduction in Claims and Leaks
Diesel subsidy claims by oil companies for August 2024 have decreased by 51.6% against claims in May 2024, while the number of claims has also fallen by 47.4% over...
Economy Minister Confirms Targeted Subsidy Programme for RON95 Petrol
The Malaysian government plans to introduce a targeted subsidy programme for RON95 petrol, which will not be based solely on household income. This announcement was made by Economy Minister Rafizi Ramli,...
