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RON95 subsidy rationalisation mechanism to use MyKad, announced in second half of year

Summary by New Strait Times

KUALA LUMPUR: The government will announce the mechanism for rationalising the RON95 fuel subsidy using MyKad in the second half of the year, said Finance Minister II Datuk Seri Amir Hamzah Azizan. © New Straits Times Press (M) Bhd

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RON95 subsidy rationalisation mechanism to use MyKad, announced in second half of year

6 days ago·Malaysia

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Free Malaysia Today News

Govt refining 2-tier mechanism for RON95 subsidy, says Anwar

The prime minister reiterates that a majority of the public would not be impacted by the removal of the petrol subsidy.

5 days ago·Kuala Lumpur, Malaysia

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DayakDaily

Govt mulls two-tier pricing, MyKad usage for targeted RON95 subsidy

by DayakDaily Team KUCHING, March 28: The government is considering implementing a two-tier pricing system and the usage of MyKad as part of the targeted RON95 subsidy mechanism, reports say. Second Finance Minister Datuk Seri Amir Hamzah Azizan said the mechanism for the targeted subsidy is still being fine-tuned, with further implementation details expected to be announced after the first half of this year. “The most important thing we want to…

5 days ago

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The Rakyat Post

Plans To Use MyKad For RON 95 Petrol Subsidy Mechanism Still Being Refined

Subscribe to our FREE Newsletter, or Telegram and WhatsApp channels for the latest stories and updates. According to Finance Minister II Datuk Seri Amir Hamzah Azizan, plans are underway to base the RON 95 fuel subsidy mechanism on a two-tier pricing system with subsidised and non-subsidised prices. How will this work? Amir said your MyKad will determine if you pay a subsidised petrol price later this year. The subsidised petrol will benefit mor…

5 days ago

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Carlist.my - Malaysia's No.1 Car Site…

MyKad Set To Play Key Role in Targeted RON95 Subsidy Implementation, Says Finance Minister II - Auto News

As we all know, the Malaysian government is preparing to roll out a targeted RON95 petrol subsidy system around the middle of this year, with MyKad expected to be a key component in its implementation, accordng to Datuk Seri Amir Hamzah Azizan. The country’s Finance Minister II indicated that the mechanism is still being refined, but the plan involves a two-tier pricing system that differentiates between subsidised and non-subsidised fuel rates.…

5 days ago

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Lowyat.NET

RON95 Fuel Subsidy To Use MyKad; Two-Tier Pricing System In The Works

Many Malaysians are still wondering how the RON95 fuel subsidy will be rationalised and what mechanism will be used for its implementation. Finance Minister II, Datuk Seri Amir Hamzah Azizan, has confirmed during the launch of the Rapid KL On-Demand open payment system today that MyKad will be used to facilitate the subsidy system. According to the senator, the RON95 fuel subsidy will follow a two-tier pricing model, where MyKad will determine e…

6 days ago

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