MOF will also allow registered owners of diesel vehicles to transfer diesel subsidy eligibility to immediate family members who are the actual users of the vehicles, subject to conditions and verification requirements to be determined
The government expects its nationwide MyKad-based targeted diesel subsidy programme under Budi Madani to curb fuel leakage by up to one billion litres annually, reducing subsidy losses while ensuring only eligible Malaysians benefit from subsidised diesel
Finance Minister II says even though cost of financing fuel for the public has moderated, Malaysia is still expecting to spend RM3.5 bil to RM4 bil on subsidies
Finance Minister II says delivered oil prices exceed RM144 per barrel as transport, insurance and supplier premiums surge despite softer benchmark signals
US prosecutors expose a sophisticated, multi-year insider scam at TM’s US subsidiary involving data capacity manipulation, phantom employees, and the use of AI-assisted tools to siphon millions
