LATEST NEWS   PM Anwar, Turkmenistan President Serdar Berdimuhamedov witnessed the signing of a strategic cooperation agreement between Petronas and Turkmenistan authorities-- PMO | At 6 pm, the ringgit eased to 4.1340/1395 versus the US dollar from Thursday's close of 4.1145/1195 | The collaboration opens up space for more strategic engagements in future, including exploring the great potential of Turkmenistan's natural gas sector, which has among the world's largest gas reserves - PMO | Gabungan Kelab Media Malaysia (GKMM) state affiliates receive RM10,000, GKMM receive RM30,000 from Communications Ministry - Fahmi | The achievement comes as Malaysia and Turkmenistan mark 30 years of cooperation in the energy sector, which has been a key pillar of bilateral relations between the two countries -- PMO | 

Government To Tighten Controls On RON95 Subsidies

GEORGE TOWN, Sept 23 (Bernama) -- The government will introduce several control measures to ensure RON95 petrol subsidies are properly targeted and not misused.

Finance Minister II Datuk Seri Amir Hamzah Azizan said the steps aim to verify that groups requiring more than 300 litres a month, such as e-hailing drivers, are genuinely eligible, with confirmation from their respective companies.

“If eligibility is confirmed, they can apply with company support. We can verify usage through e-hailing system records to ensure the fuel is genuinely used for work.

“The government will also restrict excessive daily usage,” he told reporters after launching the National-level Mega E-Invoicing Tour Series 2/2025 here today.

The minister added that all Malaysians aged 16 and above with a valid driving licence will be eligible for the targeted RON95 petrol subsidy, or BUDI MADANI RON95, capped at 300 litres per month.

Preparations for the subsidy rollout are well advanced, with all oil companies confirming their readiness, including the installation of machines at petrol stations.

“Machines for in-store use have been provided, and most oil companies have activated systems at payment terminals, usable either inside or outside the stations.

“The preparations are sufficient, but we know nothing is perfect, and new initiatives may face minor challenges. I hope the public can be patient. What matters is that the government will honour its promise,” he said.

-- BERNAMA