Malaysia's freshest news, trending stories and local buzz.
Malaysia's BUDI MADANI Diesel programme is effectively disrupting fuel subsidy fraud through purchase quotas and cross-border enforcement. Police have arrested 11 individuals and seized RM2.09 million in contraband since January.
Prime Minister Anwar Ibrahim has defended the government's fuel pricing stance, warning that further price cuts are impossible given the RM40 billion annual subsidy commitment already straining public finances.
Malaysia is projected to maintain its fiscal discipline in 2026 with a deficit of 3.6 per cent of GDP, only marginally above its 3.5 per cent target, even after allocating an extra RM25 billion for fuel subsidies to keep RON95 petrol at RM1.99 per litre.
Sabah's Chief Minister Datuk Seri Hajiji Haji Noor announced coordination with the Finance Ministry to refine the targeted diesel subsidy scheme following its July 1 expansion to the state.
Prime Minister Anwar Ibrahim has committed to investigating allegations that petrol station operators incurred substantial losses during Malaysia's transition to the enhanced targeted fuel subsidy system.
Malaysia's government will continuously refine the BUDI Diesel scheme through data analysis and stakeholder engagement, with Finance Minister Datuk Seri Amir Hamzah Azizan confirming a flexible, evidence-based approach to quota management.
Malaysia's BUDI Diesel programme has benefited nearly 200,000 private diesel vehicle owners within its first three days of operation, with Treasury officials reporting a smooth implementation and minimal technical issues.
Malaysia's expanded BUDI Diesel subsidy programme launches nationwide, extending subsidised fuel at RM2.10 per litre to 700,000 private diesel vehicle owners, alongside commercial vehicle support and vehicle transfer fee waivers.
Malaysia's domestic trade ministry has scrapped diesel purchase restrictions in Sabah, Sarawak, and Labuan, allowing unlimited quantities following the government's standardized subsidy pricing announcement.