Subsidised Diesel Reimbursement Applications Open July 1
Eligible participants of the second phase of the Subsidised Diesel Control System (SKDS 2.0) who have not received their fleet cards can apply for reimbursements starting July 1, according to FMT. The Finance Ministry has announced that these applications must be submitted via the Budi Madani portal, with applicants required to keep their receipts for […]
Tow Truck Operators Are Already Increasing Prices Due To Removal of Diesel Subsidies
Despite assurances that there will be no increase in the cost of living and day to day expenses, it seems like the increase in diesel has had immediate effects on the market. Some businesses have started posting notices about an immediate increase in price of their services. One such business is from the tow truck […]
Government’s Diesel Subsidy Rationalisation Expected to Boost GDP and Savings
Experts foresee a notable impact on Malaysia’s Gross Domestic Product (GDP) and substantial savings following the recent adjustment of diesel subsidies by the government, setting the pump price at RM3.35 per litre. According to NST, Prof Emeritus Dr. Barjoyai Bardai of Malaysia University of Science and Technology (MUST) pointed out a significant surge in Malaysia’s […]
Tour Buses and Vans Should not be Excluded from the Diesel Subsidy Program
MCA Youth has called on the government to reconsider its decision to exclude tour bus and van operators from the diesel subsidy aid program, highlighting significant potential repercussions for Malaysia’s tourism industry.