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
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 associations have backed the government's proposed targeted RON95 petrol subsidy programme, which is due to be implemented in the second half of 2024.
A desire to impart her years of experience to the younger generation has seen former world number five squash player Low Wee Wern make the tough decision to hang up her racquet.
Purchase of Duck's holding company which appears to be owned wholly by Datin Vivy Yusof and husband Datuk Fadzarudin Shah Anuar was made same year GLICs invested RM47 mil
Datuk Seri Saarani Mohamad said the process was carried out legally, adding that MB Inc held a series of direct negotiations with the farm operators since 2021, in addition to offering ex-gratia at a reasonable rate.
