Ministry ready to start petrol subsidy programme


KUALA LUMPUR: The Domestic Trade and Consumer Affairs Ministry is ready to implement the new subsidy programme which entails the floating of RON95 petrol and diesel pump prices, but is awaiting the greenlight from the Cabinet.

Minister Datuk Seri Saifuddin Nasution Ismail said the Finance Ministry is in the midst of finding the best way to register the middle 40% (M40) population who are eligible for the petrol subsidy programme (PSP).

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Trading direction remains dictated by external environment
Ringgit opens higher against US$ amid rate-hike expectations
Trading ideas: TRC, Favelle, QES, Genting, Theta Edge, DNeX, Maybank, Public Bank, Ni Hsin, NCT, IJM, Hektar REIT, Zetrix AI, Pioneer, EGH
Oil jumps on new Houthi attacks, Kharg blasts
Theta Edge unit secures Prasarana job
Favelle Falco bags RM131.7mil crane supply contracts
Public Bank proposes RM379mil privatisation
Palm oil production in 2H26 set to remain firm
Flour demand supports MFM earnings outlook
QES Group eyes RM17.5mil office acquisition

Others Also Read