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Malaysia’s fuel subsidy jumped from RM700m in January to RM5b in March before peaking in April, says finance minister II
KUALA LUMPUR, June 9 — Malaysia’s monthly fuel subsidy bill surged to as high as RM7.5 billion in April amid rising global oil prices triggered by tensions in West Asia,...
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Anwar: No fuel hikes, no borrowing for subsidies as govt absorbs billions
SUNGAI PETANI, June 7 — Prime Minister Datuk Seri Anwar Ibrahim said he did not agree with the move to increase fuel prices when the country was facing a global supply crisis.On...
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From fuel to food, Hassan Marican warns crisis ripple effects will hit Malaysian households despite subsidy safeguards
KUALA LUMPUR, June 8 — The ongoing global supply and energy crisis should not be viewed solely as an oil price issue, but as a broader physical disruption that could gradually...
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Fuel subsidy commitment helps curb inflation and protect rakyat, says Fomca
KUALA LUMPUR, June 9 — The government’s commitment to continue bearing the cost of fuel subsidies is seen as helping the people and curbing inflationary pressures, while...
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Malaysia’s fuel subsidy jumped from RM700m in January to RM5b in March before peaking in April, says finance minister II
KUALA LUMPUR, June 9 — Malaysia’s monthly fuel subsidy bill surged to as high as RM7.5 billion in April amid rising global oil prices triggered by tensions in West Asia,...
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Diesel or petrol? Why Malaysia’s real economic engine hinges on the wrong fuel — Ahmad Ibrahim
JUNE 10 — You’ve probably never lost sleep over what fuel a lorry uses. But right now, that question is quietly shaking Malaysia’s economy. Here’s the strange situation...
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Govt’s RON95, diesel subsidy bill estimated to hit RM3.5b a month, says Finance Ministry
KUALA LUMPUR, June 10 — The government’s subsidy bill for RON95 petrol and diesel is projected to remain high at about RM3.5 billion a month at current market prices, amid the...