M’sia, Thailand differ in fuel subsidy approach


- Bernama

KUALA LUMPUR: Malaysia and Thailand have adopted fundamentally different approaches to fuel subsidies, reflecting distinct policy priorities and strategies for managing consumer usage, as both countries strive to balance economic stability with social welfare.

Malaysia’s subsidy system is anchored by the Automatic Pricing Mechanism, where retail fuel prices broadly track global benchmarks, with targeted subsidies applied to selected sectors to manage cost pressures.

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Thailand , fuel , subsidy , Rystad

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