RON95 petrol subsidy reforms may start soon, saving RM4 billion annually, amid rising fiscal pressures and increased enforcement against misappropriation and smuggling
PUTRAJAYA: Prime Minister Datuk Seri Anwar Ibrahim today announced that RON95 fuel will be priced at RM1.99 per litre beginning Sept 30, with police and military personnel enjoying the revised rate slightly earlier on Sept 27.
To smoothen implementation, the government will rely on MyKad and Touch ’n Go (TNG) cards for verification at petrol pumps. This system, already under testing at selected stations, aims to ensure that subsidies are directed only to eligible Malaysians while curbing misuse by foreigners and bulk buyers.
However, some motorists have raised concerns about potential glitches, including card-reading errors and the need for frequent top-ups on TNG cards. The Finance Ministry has assured the public that additional kiosks and system upgrades will be rolled out nationwide to avoid long queues.
Officials believe the card-linked subsidy approach will make fuel pricing fairer and more sustainable in the long run.
Read More News on Latest Malaysia
Read More News on Business News Malaysia
Read More News on SG Business News
Read More News on World Future TV
Anwar blames Felda’s RM10 billion losses on mismanagement and political interference, pledges reforms to protect…
AMRO upgrades Asean+3 growth to 4.1% in 2026, citing AI demand, but warns risks from…
Renewed US-Iran tensions have decreased vessel traffic in the Strait of Hormuz, impacting oil prices…
Sepang International Circuit may host a Formula One race with Bahrain potentially funding costs, reviving…
Overland pipelines help bypass Gulf blockades, but shipping delays and rising costs continue to strain…
Malaysia and Russia deepen diplomatic ties ahead of their 60th anniversary, enhancing collaboration in trade,…
This website uses cookies.