petrol subsidy

‘Sarawakians should continue to enjoy RON95 subsidies, just like with diesel’

Stampin MP says those from Sarawak should enjoy cheaper petrol as it is the country's main oil producer

Final decision on T15 income classification for petrol subsidies still under review: Anwar

The government aims to ensure that only the affluent pay market prices for petrol, with 85% of the population continuing to benefit from existing subsidies

Foreign vehicles allowed 20 litres within 30km radius of Brunei or Indonesia borders: cost of living minister

The 20-litre limit also applies to petrol stations within a 50-km radius of Thailand and Singapore borders

Malaysia loses RM4.5 mil daily in smuggled subsidised diesel: Armizan

Malaysia’s policy of subsidising fuel has resulted in losses of RM4.5 million or 3 million litres of diesel that is smuggled abroad each day, according to Domestic Trade and Cost of Living Minister Datuk Armizan Mohd Ali.

Consumer groups back govt’s targeted RON95 subsidy scheme

Consumer associations have backed the government's proposed targeted RON95 petrol subsidy programme, which is due to be implemented in the second half of 2024. 

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Petronas staff to be shown the door to make up losses from Petros deal?

Source claims national O&G firm is expected to see 30% revenue loss once agreed formula for natural gas distribution in Sarawak is implemented

FashionValet a loss-making entity before and after Khazanah, PNB’s RM47 mil investment

GLICs bought stakes in 2018, company records show total RM103.3 million losses after tax from 2017 to 2022

[UPDATED] Petronas confirms ongoing productivity reviews to ‘eliminate inefficiencies’

Responding to Scoop, industry giant said it aims to become ‘operationally focused, commercially agile and cost-efficient’, but did not clarify if it is linked to Petros deal