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: 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...
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...
NIBONG TEBAL: Around 180,000 commercial vehicles have not yet registered under the Subsidised Diesel Control System (SKDS) 2.0, according to Domestic Trade and Cost of Living Deputy Minister Fuziah Salleh. Therefore, she urged owners of these vehicles to promptly submit their applications to ensure they can benefit from the government’s diesel subsidy. "Based on records, there are...
PETALING JAYA: The government received assurances from industry players that the supply of eggs in the market was sufficient before announcing the reduction of egg prices by 3sen for Grades A, B and C, says Fuziah Salleh. The Deputy Domestic Trade and Cost of Living Minister told Malay language daily Sinar Harian that the production of...
PETALING JAYA: A total of 198,046 public transport and goods vehicles of 59,940 companies have been approved for the Diesel Subsidy Control System (SKDS) as of June 12. The Domestic Trade and Cost of Living Ministry said the Budi Madani (SKDS 2.0), initially covering nine types of goods vehicles on March 7, was expanded to include...
PUTRAJAYA: Applicants looking to receive diesel subsidies can only apply for either the Subsidised Diesel Control System 2.0 (SKDS) programme or Budi Madani and not both, says Datuk Armizan Mohd Ali. The Domestic Trade and Cost of Living Minister explained that SKDS applied to companies whereas the Budi Madani program was for small farmers, among others. “They...
KUALA LUMPUR: Vehicles used to transport construction materials will continue to enjoy the diesel subsidy despite the upcoming targeted mechanism, says Deputy Domestic Trade and Cost of Living Minister Fuziah Salleh. “Lorries that transport construction materials will not be affected (when the blanket subsidy is lifted) because they are still eligible for the diesel subsidy,” she...
