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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.
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.
PETALING JAYA: The local automotive market is expected to continue operating in a "two-speed" mode for the rest of the year, with the affordable segment remaining resilient, while the premium segment faces headwinds, according to Kenanga Research.
Here's a look at the news highlights from Asean countries in the Star-AseanPlus section for Friday (March 28, 2025)
PETALING JAYA: The outlook for the crude oil market for this year is plagued with uncertaintiy arising from US President Donald Trump's trade policies and escalation of geopolitical risks.
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.
The government’s egg subsidy rationalisation move could likely be a potential key headwind for QL Resources Bhd going into 2025.
KUALA LUMPUR: It remains to be seen just how the diesel subsidy rationalisation will affect PETRONAS Dagangan Bhd's (PetDag) bottomline moving foward in the year.
PETRONAS Dagangan Bhd (PetDag) is poised for a resilient performance despite subsidy cuts, supported by its strong market share in diesel sales and fleet-card users.
KUALA LUMPUR: Bank Negara projects the Malaysian economy to grow by 4.5% to 5.5% this year driven by sustained domestic demand anchored on private consumption, private sector investments as well as the continued progress of public sector infrastructure projects and the adjustments to civil service wages.
JOHOR BARU: A total of 3,500 petrol stations in the Peninsular claim to have suffered losses amounting to RM181mil since the government decided to float the price of diesel in June this year.
KUALA LUMPUR: Inflation is expected to trend higher between 2.0 per cent to 3.5 per cent this year compared to an average of 1.8 per cent in 2024, according to Bank Negara Malaysia (BNM).
KUALA LUMPUR: Rationalisation of subsidies is part of the government’s initiative to decrease annual borrowing to RM86 billion in 2024 from RM93 billion in 2023 and RM100 billion in 2022, said Prime Minister Datuk Seri Anwar Ibrahim.
KUALA LUMPUR: The rationalisation of RON95 subsidy remains off the table for now, as the government wants to ensure the public fully understands the implementation of targeted diesel subsidies, says Datuk Seri Anwar Ibrahim.
KUALA LUMPUR: The RON95 subsidy rationalisation, which is expected to be implemented in the middle of next year will not impact 85% of Malaysians, says Datuk Seri Amir Hamzah Azizan.
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).
KOTA KINABALU: Political stability, coupled with the public’s understanding of the need for a subsidy rationalisation exercise, has allowed for fuel subsidies rationalisation to be implemented, says Datuk Seri Anwar Ibrahim.
KUALA LUMPUR: The Madani administration may not do well in the next general election if it goes ahead with targeted RON95 petrol subsidies, cautions a government backbencher.
PETALING JAYA: Many Malaysians are concerned whether the cost of living could increase soon due to the rationalisation of diesel subsidies, says Perikatan Nasional chairman Tan Sri Muhyiddin Yassin.
