No cheap pump across the Causeway as Malaysia rolls out Budi95 fuel subsidy
PM Anwar Ibrahim’s earlier pledge of universal access to cheap RON95 has been narrowed; Malaysians driving foreign-registered cars will continue paying more
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[KUALA LUMPUR] Malaysians driving Singapore-registered cars will not be able to enjoy Malaysia’s new Budi95 fuel subsidy, which kicks in on Sep 30.
The scheme fixes RON95 petrol at RM1.99 (S$0.61) a litre, but only for Malaysians with locally registered vehicles. Those behind the wheel of Singapore- or Thai-registered cars must still buy RON97, which now retails at RM3.21 a litre. Foreigners are also excluded.
The move aims to close a loophole that could have drained billions of ringgit in subsidies across the border.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
