No more petrol subsidy for high-income earners


BANGI: High-income earners will have to start paying the market price for RON95 petrol, while those in the low-income bracket will continue to enjoy the current subsidised rate once the petrol subsidy rationalisation mechanism is implemented in June.

The current market rate for RON95 is RM2.58 per litre, while the subsidised price is RM2.30 per litre.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

Foreign leaders praise Malaysia for organising Int'l conference of religious leaders
Biker killed after being run over by a lorry in Taiping
KKB polls: MACC to study Nga's announcement of allocation to KKB
Wangsa Maju JPJ remains open despite damage due to storm
Ahmad Zahid extends condolences to family of victim in fallen tree incident
High Court rejects Yusoff Rawther's bid to get polygraph test in suit against Anwar
Ikim to organise roundtable to address boycott issue
Queen visits KK Women's and Children's Hospital in Singapore
Sarawak State Assembly passes Sarawak Forestry Corporation Bill
KKB polls: 97% turnout in early voting

Others Also Read