2m ago
KUALA LUMPUR, Dec 2 (Bernama) -- The government remains committed to the targeted subsidy approach for RON95 petrol under the BUDI MADANI RON95 (BUDI95) programme and rejects the World Bank’s proposal to raise it to market price, said Prime Minister Datuk Seri Anwar Ibrahim.
2m ago
KUALA LUMPUR, Dec 2 (Bernama) -- More than 84 per cent of 16.5 million eligible Malaysians, or 13.9 million, have enjoyed the RON95 petrol price of RM1.99 per litre under the BUDI MADANI RON95 (BUDI95) programme as of Nov 30, 2025, according to Deputy Finance Minister Lim Hui Ying.
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KUALA LUMPUR, Nov 18 (Bernama) -- Fiscal discipline and systematic management of the national economy have enabled the ringgit to record the best performance in all of Asia, according to Prime Minister Datuk Seri Anwar Ibrahim.
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KUALA LUMPUR, Nov 6 (Bernama) -- The government has no plans to introduce a ring-fencing policy to set a protected minimum allocation for rural welfare and infrastructure programmes such as roads, clinics and hospitals, Deputy Finance Minister Lim Hui Ying said.
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KUALA LUMPUR, Oct 13 (Bernama) -- Malaysia’s Budget 2026 represents a clear shift in the government’s fiscal strategy, prioritising efficiency and discipline over new taxes to create spending space, according to economist Geoffrey Williams.
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KUALA LUMPUR, Oct 12 (Bernama) -- Budget 2026 marks a decisive shift in Malaysia’s economic direction from subsidy-driven consumption to investment-driven transformation as the government pursues fiscal consolidation while sustaining growth momentum, economists said.
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By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 8 (Bernama) – Digital banks are urging the government to prioritise the distribution of targeted subsidies and cash aid in Budget 2026 through digital banking platforms, highlighting their potential to deliver a more equitable and efficient system.
4m ago
PUTRAJAYA, Sept 23 (Bernama) — The MADANI government will allocate approximately RM11 billion to cover the difference between the subsidised price of RM1.99 per litre and the unsubsidised pump price of around RM2.60 per litre under the BUDI MADANI RON95 (BUDI95) fuel subsidy initiative.
4m ago
KUALA LUMPUR, Sept 23 (Bernama) -- Budget 2026 is expected to strengthen Malaysia’s property market across the board through targeted subsidies, major infrastructure investments, and growth initiatives under the 13th Malaysia Plan (13MP).
4m ago
KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday, extending gains as market confidence was lifted by the government’s firm policy stance following the rationalisation of RON95 subsidies.
4m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, Sept 22 (Bernama) -- The rationalisation of RON95 subsidies marks a landmark in Malaysia’s structural reform journey, with the reduction in subsidy expenditure expected to help narrow the fiscal deficit and improve the government’s debt dynamics, said an economist.
4m ago
PUTRAJAYA, Sept 22 (Bernama) -- The government’s decision to lower the price of RON95 petrol to RM1.99 per litre through targeted subsidies is expected to bolster Malaysia’s fiscal position while ensuring assistance reaches the rakyat, economists say.