Tag Archives: RON95 subsidy

NEWS

RON95 priced at RM1.99/liter starting from September 30

The Prime Minister of Malaysia, Datuk Seri Anwar Ibrahim, announced that the selling price of RON95 petrol will drop to RM1.99 per liter starting September 30, as reported by Berita Harian.

The implementation of the Budi Madani RON95 (BUDI95) initiative is aimed at local citizens, regardless of their income levels.

He stated that over 16 million Malaysians with valid driving licenses will benefit from this reduction in fuel prices.

“We have decided to set the price of RON95 at RM2.05 to RM1.99 per liter starting September 30, 2025, and I also mentioned that this benefit and privilege is intended as a gesture of appreciation in the spirit of National Day and Malaysia Day, as recognition for all Malaysians.

For non-citizens, the price of RON95 will be RM2.60 per liter starting on the same date.

He made these remarks while delivering a message at the Monthly Assembly with the staff of the Prime Minister’s Department here today.

NEWS

PMX: RON95 price drops to RM1.99 per liter

The price of RON95 petrol will drop to RM1.99 per liter following the implementation of targeted subsidies.

This announcement was made by Prime Minister Datuk Seri Anwar Ibrahim earlier today, with further details to be revealed by the end of September.

This price reduction is expected to benefit over 18 million Malaysians who drive or ride motorcycles, including gig workers.

The government spends nearly RM20 billion annually on RON95 subsidies in 2023 and 2024.

Although global oil prices have decreased this year, the price of unsubsidized RON95 petrol remains around RM2.50 per liter (RM2.05 per liter after subsidies).

 

NEWS

Government won’t allow non-citizen vehicles to enjoy RON95 subsidy

The government does not intend to allow vehicles owned by non-citizens to enjoy the RON95 subsidy, said the Ministry of Economy.

The ministry said the move was in line with the government’s objective to strengthen the country’s fiscal positition as stated in the 12th Malaysia Plan (12MP).

“The implementation of the RON95 subsidy in 2025 is expected to provide savings of RM3.6 billion to government expenditure, or a reduction of 21.9 per cent, to the total subsidy expenditure, if the subsidies are only given to the B85 group and citizens.

“By ensuring that the targeted RON95 subsidies do not involve non-citizens, it will give savings of RM0.3 billion (2.0 per cent) to the government,” said the ministry in a written reply on the Parliament website today.

The Economy Ministry said this in response to a question from Abdul Latiff Abdul Rahman (PN-Kuala Krai) on the ministry’s proposal to allow vehicles registered in Brunei to use RON95 in Malaysia.

The government will implement the targeted RON95 subsidy in the middle of 2025, covering 85 per cent of the people which will be determined based on Basic Expenditure of Decent Living (PAKW) of households.