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Free Malaysia Today
2 hours ago
- Automotive
- Free Malaysia Today
RON95 at RM1.99 per litre under targeted subsidies, says PM
Prime Minister Anwar Ibrahim said the lower RON95 price of RM1.99 per litre will benefit around 18 million car and motorcycle users. PETALING JAYA : Malaysians will enjoy a lower RON95 price of RM1.99 per litre once the targeted subsidies come into effect, says Prime Minister Anwar Ibrahim. In an announcement live-streamed on Facebook today, he said this would benefit around 18 million car and motorcycle users, including 'youths as young as 16 and gig workers'. He apologised for the delay in rolling out the targeted subsidies, saying this was due to the nation's high debts and the weakening economy. 'Before the end of September, I will ensure the implementation of the rate's reduction to RM1.99 per litre. 'This is quite a sharp drop, and involves increased cost to the government. However, this approach is in line with the government's efforts to optimise national resources for public benefit and reduce subsidy wastage,' he said. Anwar said the new rate of RM1.99 was only for Malaysians with MyKads, and that foreigners would have to pay the full unsubsidised rate. His announcement came days after government spokesman Fahmi Fadzil said Putrajaya had pushed back the deadline for the rollout of targeted RON95 subsidies, initially fixed for the second half of the year. On Monday, he said more time was needed to fine-tune the mechanism to prevent leakage, and that Anwar had informed MPs from Barisan Nasional and Pakatan Harapan of the matter. Anwar said the government would also postpone the increase in highway toll rates initially set to affect 10 highways this year. 'Toll rates were projected to increase this year according to an old agreement between the companies and a previous administration. 'However, the government has agreed not to implement the increase this year, and the government will bear RM500 million in costs to maintain the toll rates,' he said. The highways involved are the Cheras-Kajang Highway, KL-Kuala Selangor Highway, New North Klang Straits Bypass, Senai-Desaru Expressway, East Coast Expressway 2, South Klang Valley Expressway, Sultan Abdul Halim Muadzam Shah Bridge, Duta-Ulu Kelang Expressway, Maju Expressway and Butterworth Outer Ring Road.
Malaysian Reserve
a day ago
- Business
- Malaysian Reserve
No projects in Sulawesi Sea until maritime dispute resolved
by HIDAYATH HISHAM MALAYSIA'S ability to pursue economic cooperation in the ND6 and ND7 blocks in the Sulawesi Sea remains limited due to unresolved maritime boundary issues with Indonesia. Prime Minister (PM) Datuk Seri Anwar Ibrahim said any project or initiative in the area must not compromise national sovereignty. 'That is why the matter of ND6 and ND7 has stalled — because we cannot proceed, and if we are forced to, it will become like the border conflict in Thailand and Cambodia,' he said during PM's Question Time in the Dewan Rakyat today. He was responding to a supplementary question from Mohd Shahar Abdullah (Barisan Nasional [BN]-Paya Besar), who asked whether there are any current economic cooperation efforts in the ND6 and ND7 zones. Anwar said relations with Indonesia remain strong and must be preserved, and both sides recognise Malaysia's sovereign position, which requires continued negotiations. 'Moreover, our relationship with Indonesia is very, very good in many aspects and must be maintained. It also understands that we are a sovereign nation, cannot surrender anything, and negotiations must continue,' he said. Mohd Shahar also raised concerns about security strategies and the need for development in the area. In response, Anwar said the government remains committed to peaceful negotiations and maintaining stability in the region. 'The government remains consistent in continuing negotiations to ensure the situation in the area remains peaceful without any conflict,' he said. He added that security within the Eastern Sabah Security Zone (ESSZONE) continues to be reinforced through operations under the Eastern Sabah Security Command (ESSCOM). 'Security control in the ESSZONE continues to be strengthened through continuous operations by ESSCOM involving an annual expenditure of RM40 million,' he said.
Daily Express
2 days ago
- Business
- Daily Express
RON95 targeted subsidy rollout delayed
Published on: Monday, July 21, 2025 Published on: Mon, Jul 21, 2025 By: Nora Mahpar, FMT Text Size: The government said in June that it would implement the targeted RON95 subsidy in stages this year. Kuala Lumpur: The government has pushed back the deadline for the rollout of the RON95 targeted subsidies, initially fixed for the second half of this year. Government spokesman Fahmi Fadzil said more time was needed to fine-tune the mechanism to prevent leakage. Advertisement He also said that Prime Minister Anwar Ibrahim informed the MPs from Barisan Nasional and Pakatan Harapan of the matter when he met them recently. 'He wants to ensure that the majority of the public is not adversely impacted by current policies or those that have yet to be implemented. 'The mechanism is being fine-tuned, which is why there is a slight delay (in the rollout),' he said at a press conference. In June, finance minister II Amir Hamzah Azizan said the government would implement the targeted RON95 subsidy in stages this year but did not give any specifics. On July 1, Amir said the government was working on getting petrol station operators to upgrade their systems for the RON95 subsidy rationalisation scheme to ensure that there would be no queues at the pump. * Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates! * Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
Free Malaysia Today
2 days ago
- Business
- Free Malaysia Today
RON95 targeted subsidy rollout delayed
The government said in June that it would implement the targeted RON95 subsidy in stages this year. KUALA LUMPUR : The government has pushed back the deadline for the rollout of the RON95 targeted subsidies, initially fixed for the second half of this year. Government spokesman Fahmi Fadzil said more time was needed to fine-tune the mechanism to prevent leakage. He also said that Prime Minister Anwar Ibrahim informed the MPs from Barisan Nasional and Pakatan Harapan of the matter when he met them recently. 'He wants to ensure that the majority of the public is not adversely impacted by current policies or those that have yet to be implemented. 'The mechanism is being fine-tuned, which is why there is a slight delay (in the rollout),' he said at a press conference. In June, finance minister II Amir Hamzah Azizan said the government would implement the targeted RON95 subsidy in stages this year but did not give any specifics. On July 1, Amir said the government was working on getting petrol station operators to upgrade their systems for the RON95 subsidy rationalisation scheme to ensure that there would be no queues at the pump.
The Star
2 days ago
- Business
- The Star
‘Unity fuels govt strength'
For the people: Anwar being greeted warmly by attendees of the 'kenduri rakyat' during the government administration and parliamentarians' retreat at Dataran Kampung Pachitan in Port Dickson. — Bernama PORT DICKSON: The government is strong because it adheres to the principles and spirit of unity among its coalition partners, as well as their shared commitment to developing the country, says Datuk Seri Anwar Ibrahim. The Prime Minister acknowledged that while each party within the government may hold different beliefs and stances, their unity and cooperation remain exemplary. 'Although we are a coalition of parties, the spirit to develop the country makes the cooperation and spirit extraordinary. 'I want to thank Deputy Prime Ministers (Datuk Seri Dr) Ahmad Zahid Hamidi (of Barisan Nasional), (Datuk Seri) Fadillah Yusof (Gabungan Parti Sarawak) and all other colleagues for their unwavering unity spirit,' he said. The Prime Minister said this at the Kenduri Rakyat programme held in conjunction with the government administration and parliamentarians' retreat at Dataran Kampung Pachitan yesterday. He said the retreat, attended by 143 MPs, is a testament to the government's commitment to ensure the well-being of the people and that their problems were heard and resolved. The government, he said, also remained steadfast in ensuring the country continues to prosper. 'This is a special occasion as we have the PM, both deputy prime ministers and several Cabinet ministers in a village where we discussed issues faced by the people and how best we can resolve them. 'From the macro economy perspective, our economic growth is good with low inflation and unemployment. 'However, I am fully aware there are people who still face hardship. Let me assure you the government is here to hear you out,' he said. The lawmakers took part in the three-day retreat where they personally interacted with the people during several activities. The programme aims to foster closer ties between the elected representatives and the people in a more relaxed environment. It also seeks to allow them to engage directly with the people and offer them a platform to voice their needs and concerns. Anwar gave his assurance that his administration would always hear out the grassroots before making any decision. When met at the event, Fadillah said this was the first time that members of the government's administration and MPs from across the country have come together for a kenduri rakyat (people's feast). Home Minister Datuk Seri Saifuddin Nasution Ismail described the programme as a meaningful experience that allowed him to connect with residents, gain insights into their daily activities and explore the area's economic potential. The Backbenchers Club said the programme was a manifestation of principles that celebrate the values of compassion, mutual respect and unity within society. 'This is an example of the value of ihsan (compassion) and social responsibility, which are the pillars of the Malaysia Madani philosophy,' it said in a statement.
