Malaysia 2025 Budget: RON95 Petrol Subsidy May Be Adjusted
JamesOct 18, 2024, 02:44 PM
Malaysia's 2025 budget will be officially announced by Finance Minister and Prime Minister Anwar Ibrahim at 4 PM on October 18, and this budget will mention policies related to automobiles and transportation. The much-anticipated RON 95 petrol subsidy issue is expected to be on the agenda. Despite the government's previous statement that it would not consider this move, the implementation of the diesel subsidy policy has led to widespread speculation about adjustments to the RON 95 petrol subsidy.
Finance Minister and Prime Minister Anwar Ibrahim once promised to strengthen Malaysia's financial situation and to reduce government debt from over 60% of GDP, with subsidy cuts being key to achieving this goal.
（Malaysia Petrol price）
On June 10, the Malaysian government implemented a diesel subsidy reduction policy, which is expected to save about RM 4 billion per year. This move led to a significant increase in diesel prices by 56%, bringing pressure to the livelihoods of the people and the operation of enterprises. Despite the government's provision of cash assistance to some affected sectors, public dissatisfaction continues to ferment. Meanwhile, the RON95 petrol subsidy, which accounted for the bulk of the RM 810 billion total subsidies in 2023, has received much attention because of its perceived excessive favoritism towards high-income groups. The government plans to cut this year's petrol subsidy to RM 528 billion to ease financial pressures.
If any infringement occurs, please contact us for deletion
Tesla pushes 2025.2.6 update in North America, activating the hidden millimeter-wave radar in Model Y
[PCauto] In February 2025, Tesla rolled out the 2025.2.6 software update for 2022 and subsequent Model Y models in North America.The highlight of this update is the activation of the hidden millimeter-wave radar hardware in the Model Y cockpit. This AWR6843 chip supplied by Texas Instruments, has three transmitting antennas and four receiving antennas, operating on a frequency band between 60-64 GHz, with a horizontal field of view of 120 degrees and a vertical field of view of 60 degrees.Once a
BYD Plans to Promote 1000V High Voltage Super Charging Stations and Its Models on a Large Scale
【PCauto】Recently, the news that BYD plans to massively implement a 1000V high-voltage supercharging platform has attracted widespread attention. It is reported that this platform will be launched in the middle of March this year and supports super-fast charging above 5C. After its release, it will quickly be popularized to its own models and large-scale construction of 1000V supercharging stations.This move will undoubtedly set off a wave in the new energy vehicle market. Let's delve into the te
XPENG G9 is about to be launched in China, bringing 66 upgrades in features
【PCauto】XPENG has recently announced that the 2025 XPENG G9 will soon be launched in China. Although the official did not announce the time and price, the success of XPENG G6 and X9 has rekindled expectations for the once-failed G9 by XPENG. In terms of appearance, the G9 continues the X-BOT FACE 3.0 design language, with a closed grill at the front paired with split-style headlights on both sides, new two-tone collision colors and all-black body styles, with a petal-style wheel hub. Combining
Hyundai is to launch an all-solid-state EV battery production line, but who's leading?
【PCauto】News reveals that Hyundai will launch an all-solid-state EV battery production line next month, with a ceremony to be held at the next-generation battery research center in Uiwang, South Korea.This production line will serve as a pilot production for the all-solid-state 'Dream' EV battery. In 2023, Hyundai proposed plans to become a leader in the electric vehicle battery field, investing over $9 billion in the battery sector within 10 years, including Lithium Iron Phosphate (LFP) and Lit
Tesla's Texas factory was caught testing vehicles, suspected to be Model Q
【PCauto】Recently, a blogger captured a disguised Tesla test vehicle while filming a drone over Tesla's Texas super factory. This discovery has sparked widespread speculation, as the new Model Y has been openly pre-ordered and there is no need to disguise, so it is speculated that this car may be the cheapest model Model 2 or Model Q (internal code name Project Redwood) that Tesla plans to launch.Speaking of this mysterious Model Q, Musk has already revealed that it will be a "smaller" version of
Popular Cars
Car Compare