| LATEST NEWS | Targeted RON95 petrol subsidy cap for e-hailing and gig workers maintained at 800 litres - PM Anwar | Malaysia is still a centre very actively attracting investments despite the world facing turmoil and conflicts -- PM Anwar | BUDI95 individual quota temporarily adjusted from 300 litres to 200 litres per month effective April 1 - PM Anwar | West Asia conflict: Sabah, Sarawak to continue enjoying subsidised diesel at RM2.15 per litre despite price surge - PM Anwar | PM Anwar hopes the public understands that the reduction of the BUDI RON95 subsidy quota was made after careful consideration | |
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, March 26 (Bernama) -- The government’s move to adjust the monthly quota for subsidised BUDI MADANI RON95 (BUDI95) petrol to 200 litres from 300 litres is a much-needed temporary measure to reduce subsidy spending amid the spike in oil prices brought on by the conflict in West Asia, said an economist.
By Mikhail Raj Abdullah
KUALA LUMPUR, March 26 (Bernama) -- Malaysians should accept the government’s temporary adjustment of the monthly subsidised BUDI95 quota to 200 litres from 300 litres per month effective April, as a reasonable step to reduce fuel subsidy spending and one that is necessary due to escalating crude oil prices.
KUALA LUMPUR, March 2 (Bernama) -- More than 88 per cent of 16.5 million eligible individuals, or close to 14.8 million, have benefited from the RM1.99 per litre RON95 price, according to Finance Minister II Datuk Seri Amir Hamzah.
MELAKA, Feb 4 (Bernama) -- Melaka is set to receive an investment of more than RM9 billion to develop the state’s first artificial intelligence (AI)-based data centre.
KUALA LUMPUR, Jan 16 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended higher today, supported by strong soybean oil prices on the Chicago Board of Trade (CBOT).
KUALA LUMPUR, Jan 12 (Bernama) -- Crude palm oil (CPO) prices are expected to average at RM4,100 per tonne in 2026, said Maybank Investment Bank Bhd (Maybank IB).
KUALA LUMPUR, Jan 2 (Bernama) -- Kenanga Investment Bank Bhd (Kenanga IB) expects the first quarter of 2026 (1Q 2026) to usher in a busy period for the renewable energy sector, potentially marked by the rollout of solar bids under the Large-Scale Solar (LSS) 6 programme.
KUALA LUMPUR, Dec 22 (Bernama) -- RHB Investment Bank Bhd (RHB IB) expects the solar sector to grow next year, driven by higher engineering, procurement, construction, and commissioning (EPCC) contributions.
KUALA LUMPUR, Dec 11 (Bernama) -- Setting a tiered price for RON95 at RM2.10 or RM2.30 under the BUDI MADANI RON95 (BUDI95) programme after the 300-litre quota has been fully used will retain elements of inefficiency.
IPOH, Dec 10 (Bernama) -- Perak has already established a substantial renewable energy (RE) base and possesses clear potential for further expansion, said Sustainable Energy Development Authority (SEDA) chief executive officer Datuk Hamzah Hussin.
KUALA LUMPUR, Dec 1 (Bernama) -- The ringgit opened unchanged against the US dollar today as traders adopted a wait-and-see stance ahead of the United States (US) Federal Open Market Committee (FOMC) meeting next week.
By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 18 (Bernama) -- Crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher on Tuesday, tracking stronger soybean oil performance on the Chicago Board of Trade (CBOT), said a trader.
