KUALA LUMPUR: The International Monetary Fund (IMF) has commended Malaysia’s economic reforms, notably the introduction of the Public Finance and Fiscal Responsibility Act (FRA) 2023 and the successful implementation of electricity and diesel subsidy reforms. In a statement today, the global organisation also emphasised the need to accelerate these reforms to create a more inclusive and...
KUALA LUMPUR: Eligible individuals, small-scale companies, or organisations may apply for a special permit to purchase diesel exceeding the standard limit. Domestic Trade and Cost of Living Minister Datuk Armizan Mohd Ali said the special permit was solely for approved uses and not for resale purposes. “Applicants must submit a letter of confirmation from the relevant agency...
KUALA LUMPUR: The Transport Ministry is open to the prospect of motorcycle e-hailing services and will listen to proposals from interested parties, says Anthony Loke. The Transport Minister said that if there are applications from interested companies, the ministry will further the proposal with the Road Transport Department (JPJ) and Land Public Transport Agency (Apad). "We have...
BUKIT KAYU HITAM: The Kedah branch of the Domestic Trade and Cost of Living Ministry detected 580 vehicles filling fuel several times in a day at several different petrol stations near the Malaysia-Thailand border here. Its director, Muhammad Nizam Jamaludin said his team detected these activities since Sept 25. "A total of 19,705 vehicles were recorded (filling...
KUALA LUMPUR: The retail prices of RON97 petrol and diesel in Peninsular Malaysia will drop by six sen to RM3.19 and RM2.95 per litre respectively, from Sept 19-25. The Finance Ministry, in a statement on Wednesday (Sept 18), said that the drop in prices for RON97 petrol and diesel in the peninsula is in line with...
KUALA LUMPUR: The retail price of RON97 petrol and diesel in Peninsular Malaysia will drop by 15 sen, to RM3.25 and RM3.01 per litre respectively, from tomorrow until Sept 18. The Finance Ministry, in a statement on Wednesday (Sept 11), said that the price drop for RON97 and diesel in the peninsula is in line with...
PETALING JAYA: The price of RON97 petrol and diesel in Peninsular Malaysia will drop by two sen from Thursday (Sept 5) until Sept 1. The Finance Ministry in a statement on Wednesday (Sept 4) said the price reduction for RON97 and diesel in the peninsula is in line with the reduction in the global crude oil...
IPOH: Fleet card holders may have their privileges revoked if they are found misusing them for diesel smuggling under the Subsidised Diesel Control System (SKDS). Domestic Trade and Cost of Living Ministry enforcement deputy director general (Operations) Shamsul Nizam Khalil (pic) said diesel smuggling syndicates are now using fleet cards to exploit subsidies in Selangor and...
KOTA KINABALU: A 10,000-litre tanker carrying diesel was destroyed when it caught fire in Lahad Datu district on Monday (Aug 12). No one was hurt, said the Fire and Rescue Department. According to the department, they received a call at 4:07pm alerting them to an incident on a road near Taman Palm Height. “A team of 16 from...
KUALA LUMPUR: The Finance Ministry has extended the refund mechanism for diesel subsidy to eligible logistics vehicle owners who have yet to receive the fleet card, it said in a statement on Friday (Aug 9). The facility is available only to those whose applications have been approved under the Subsidised Diesel Control System (SKDS) 2.0 on...
