RON95 Targeted Subsidy Mechanism to Use Padu Data
The Economy Ministry has announced that the RON95 targeted subsidy mechanism will fully utilise data from the Central Database Hub (Padu), basing eligibility on net household disposable income. Padu System Overview Padu serves as the central data repository for Malaysian citizens and permanent residents, consolidating information for individuals and households. As of March 31, 2024, […]
PM Addresses RON95 Petrol Subsidy Plans
Prime Minister Anwar Ibrahim reaffirmed that the government has not yet finalised a decision regarding the implementation of targeted RON95 petrol subsidies, noting that no policy paper has been prepared on the matter. According to FMT, during Prime Minister’s Question Time in the Dewan Rakyat, Anwar highlighted that while studies have been conducted, the government […]
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 […]
Diesel Vehicle Sales Anticipated to Drop by 50%
The sales of diesel vehicles, particularly pickup trucks, are anticipated to drop by over 50% due to the introduction of floating fuel prices. Used car sales advisor Khairil Anwar Jaafar, 45, noted a significant slowdown in sales over the past month, with potential buyers adopting a wait-and-see approach. As a result, Khairil’s company has decided […]
Applications for BUDI MADANI Subsidy Open Tomorrow – For Diesel Vehicle Owners and Farmers
Applications for the Bantuan Subsidi MADANI (BUDI MADANI) Program, targeting private diesel vehicle owners, small-scale farmers, and commodity planters, will commence tomorrow.
Steps to Access Subsidised Diesel for Transportation Vehicles
The Subsidised Diesel Control System (SKDS) 2.0 is an important initiative in controlling the use of subsidised diesel for the transportation sector.