Malaysia's news, around the clock.
Sabah Chief Minister Datuk Seri Hajiji Haji Noor said the state is collaborating with the Finance Ministry to refine the targeted diesel subsidy scheme following its implementation on July 1.
Malaysia's trade ministry has scrapped diesel purchase limits in Sabah, Sarawak, and Labuan from tomorrow, aligning with Prime Minister Anwar Ibrahim's June standardised pricing policy under the BUDI Diesel Programme.
Malaysia's BUDI Diesel subsidy programme has attracted more than 18,000 applications for additional fuel quota in its first two days, with over 40,000 transactions completed and no technical glitches reported.
Malaysia's diesel price reduction to RM2.10 per litre from July is forecast to lower transportation and logistics costs, potentially easing price pressures on consumer goods. Economists stress the need for sustained subsidy funding and effective implementation.
%22%2F%3E%3C%2Fpattern%3E%3C%2Fdefs%3E%3Crect%20width%3D%22100%25%22%20height%3D%22100%25%22%20fill%3D%22url(%23ph215lvg)%22%2F%3E%3Crect%20width%3D%22100%25%22%20height%3D%22100%25%22%20fill%3D%22url(%23ph215lvp)%22%2F%3E%3Ctext%20x%3D%2250%25%22%20y%3D%2250%25%22%20text-anchor%3D%22middle%22%20dominant-baseline%3D%22central%22%20fill%3D%22rgba(255%2C255%2C255%2C0.95)%22%20font-family%3D%22Georgia%2C%20'Times%20New%20Roman'%2C%20serif%22%20font-weight%3D%22700%22%20font-size%3D%22170%22%20letter-spacing%3D%22-0.02em%22%3EMalaysia%3C%2Ftext%3E%3C%2Fsvg%3E)
Malaysia's government expects annual savings of RM2 billion through the BUDI MADANI Diesel programme, which caps subsidised diesel at RM2.10 per litre from July using MyKad verification to prevent cross-border smuggling and subsidy abuse.
%22%2F%3E%3C%2Fpattern%3E%3C%2Fdefs%3E%3Crect%20width%3D%22100%25%22%20height%3D%22100%25%22%20fill%3D%22url(%23ph3tt8dg)%22%2F%3E%3Crect%20width%3D%22100%25%22%20height%3D%22100%25%22%20fill%3D%22url(%23ph3tt8dp)%22%2F%3E%3Ctext%20x%3D%2250%25%22%20y%3D%2250%25%22%20text-anchor%3D%22middle%22%20dominant-baseline%3D%22central%22%20fill%3D%22rgba(255%2C255%2C255%2C0.95)%22%20font-family%3D%22Georgia%2C%20'Times%20New%20Roman'%2C%20serif%22%20font-weight%3D%22700%22%20font-size%3D%22226%22%20letter-spacing%3D%22-0.02em%22%3EDiesel%3C%2Ftext%3E%3C%2Fsvg%3E)
Malaysia will reduce subsidised diesel to RM2.10 per litre from July 2026, extending the BUDI95 subsidy programme nationwide. MyKad verification will determine eligibility, bringing relief to transport-dependent workers and small businesses across the country.