KUALA LUMPUR: A two-tier system involving the use of MyKad is likely to be adopted when the targeted RON95 subsidy is implemented this June, says Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR: A two-tier system involving the use of MyKad is likely to be adopted when the targeted RON95 subsidy is implemented this June, says Datuk Seri Amir Hamzah Azizan.
SHAH ALAM: The proposed implementation of the subsidy rationalisation for RON95 petrol will not affect the low-income group, says Prime Minister Datuk Seri Anwar Ibrahim.
SHAH ALAM: Prime Minister Datuk Seri Anwar Ibrahim on Friday (March 28) stressed that the proposed implementation of subsidy rationalisation for RON95 petrol will not affect the low-income group.
SHAH ALAM: The government is expected to implement the targeted subsidy for RON95 petrol by mid-year, with the best mechanism set to be identified to ensure its benefits reach the intended groups, says Datuk Armizan Mohd Ali.
GEORGE TOWN: Malaysians are hoping that the targeted RON 95 subsidy, expected this June, will not hit them hard, especially the underprivileged groups who rely on their vehicles for daily transport.
PETALING JAYA: The plans to restructure RON 95 fuel subsidies is on course for implementation in the middle of the year, with consumer groups urging the government to defer it due to rising costs and economic uncertainties tied to the United States' new trade policies.
KUALA LUMPUR: The implementation of targeted diesel subsidy which began in June in Peninsular Malaysia has shown a reduction in diesel fuel abuse cases and more controlled consumption.
KUALA LUMPUR: More than RM20bil has been allocated for subsidies on consumer goods this year, says the Finance Ministry.
PETALING JAYA: The planned RM20bil subsidy to help middle- and lower-income folk cope with increased cost of living will help in the short term but it is not a feasible long-term solution, say experts.
FROM DR HASROLEFFENDY HASSAN Faculty of Business and Management Universiti Teknologi MARA Kedah
THE government is taking a structured and phased approach to its review of subsidies to minimise potential disruption to business sectors and the rakyat.
THE government is taking a structured and phased approach to its review of subsidies to minimise potential disruption to business sectors and the rakyat.
KUALA LUMPUR: Targeted subsidy measures do not compromise the interests of the majority, assured Datuk Seri Anwar Ibrahim.
PETALING JAYA: Since inflation is also driven by factors beyond demand, relying on monetary policy alone is not sufficient to address rising prices.
KUALA LUMPUR: The Madani government will expand the Sumbangan Asas Rahmah (Sara) initiative to benefit 5.4 million recipients starting April 1, a significant increase from the current 700,000 beneficiaries.
KUALA LUMPUR: The government is set to introduce a Cost of Living Indicator to design more targeted subsidy programmes aligned with the specific needs and spending habits of Malaysians, says Domestic Trade and Cost of Living Minister Datuk Armizan Mohd Ali.
The government is set to introduce a Cost of Living Indicator (IKSH) to design more targeted subsidy programmes aligned with the specific needs and spending habits of Malaysians, says Domestic Trade and Cost of Living (KPDN) Minister Datuk Armizan Mohd Ali.
The outlook for the automotive industry this year suggests a continuation of the two-speed market trend, with different dynamics unfolding across the affordable and premium vehicle segments.
Malaysians have long been divided by household income into three groups – the B40 (bottom 40%), M40 (middle 40%), and T20 (top 20%) – but the government is now mooting a new approach based on net disposable income (NDI).