Economy

Malaysian Government Extends RON95 Petrol Subsidy to Passenger Boat Operators

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CYBERJAYA, MALAYSIA, Oct 3, 2025 – The Malaysian government has approved the inclusion of passenger boat companies in the list of public transport sectors eligible for RON95 subsidized petrol, targeting operators in remote island and riverine areas where boats serve as the primary mode of transport. Announced by Domestic Trade and Cost of Living Minister […]

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Government Extends RON95 Subsidy to Public Passenger Boats in Sabah and Sarawak

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KUALA LUMPUR, MALAYSIA Oct 2, 2025 – The government has expressed deep concern for residents in island and riverine areas of Sabah, Sarawak, and parts of Peninsular Malaysia who rely on boats as their primary mode of transportation, announcing the extension of RON95 petrol subsidies to public passenger boats. This announcement follows discussions between the

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16 Million Malaysians Now Enjoy RON95 at RM1.99 per Liter Under BUDI95 Initiative

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KUALA LUMPUR,  MALAYSIA, Oct 1, 2025 – Senator Datuk Seri Amir Hamzah Azizan, Finance Minister II, conducted a firsthand inspection of the BUDI MADANI RON95 (BUDI95) targeted subsidy initiative at the Petronas Sri Hartamas station last night. Accompanying him was Datuk Johan Mahmood Merican, Treasury Secretary-General. As of 6 PM yesterday, nearly 3 million users

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CASH REFUND APPLICATION FOR RON95 SKPS SUBSIDY BEGINS SEPTEMBER 30, 2025

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PUTRAJAYA. Malaysia, Sept 26, 2025 – In an effort to streamline RON95 subsidy targeting, the Ministry of Domestic Trade and Cost of Living (KPDN) oversees subsidy distribution to (i) public land transport and (ii) goods land transport sectors. Twenty-one eligible transport categories will continue receiving the existing RM2.05 per liter subsidy, compared to the unsubsidized

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Armizan Praises Local Kopitiam Chain for Record-Breaking Nasi Lemak Sales and National Unity Promotion

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KUALA LUMPUR, Malaysia, Aug 16, 2025 – Domestic Trade and Cost of Living Minister Datuk Armizan Mohd Ali today celebrated the achievements of local kopitiam chain Ali, Muthu & Ah Hock, which earned a spot in the Malaysia Book of Records for selling a record 452,162 plates of nasi lemak in 2024. The chain, founded

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Independent study reveals USD 1.2 billion economic impact of foodpanda in Pakistan for 2023-2024

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KARACHI, Pakistan, Aug. 15, 2025 /PRNewswire/ — foodpanda, Pakistan’s leading online delivery platform, today announced the release of its comprehensive ‘Economic Impact Assessment of foodpanda in Pakistan’ study, independently conducted by the Lahore University of Management Sciences (LUMS). The first-of-its-kind study unveils the significant economic contributions of foodpanda to Pakistan’s economy. The study, spearheaded by an accomplished team at LUMS, utilised primary and secondary

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Government Boosts PJRM with RM600 Million Allocation to Ease Cost of Living

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KUALA LUMPUR, Malaysia, August 12, 2025 – In a bid to alleviate the rising cost of living, the Malaysian government has ramped up funding for the Madani Rahmah Sales Program (PJRM), increasing its total allocation to RM600 million for 2025. This move, announced during a parliamentary session today, aims to ensure essential goods reach more

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KPDN Ensures No Marginalized Communities in Sabah’s Remote Areas Lack Essential Supplies

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TAWAU, SABAH, Malaysia August 10, 2025 – The Ministry of Domestic Trade and Cost of Living (KPDN) reaffirms its commitment to ensuring no community in Sabah’s remote areas is left without access to essential goods, with an allocation of RM202.5 million for the period from May 2025 to April 2027. Deputy Minister of KPDN, Senator

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Malaysia Clarifies $150 Billion U.S. Equipment Purchase Commitment as Strategic Move, Not New Obligation

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KUALA LUMPUR, Malaysia, August 7, 2025 — Malaysia’s trade minister, Tengku Zafrul Aziz, has clarified that the country’s commitment to purchase $150 billion worth of U.S. equipment over the next five years is not a new financial obligation but rather a compilation of existing investment plans by Malaysian companies, including major multinational corporations (MNCs). This

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Malaysia Aviation Group Expands Fleet with Boeing Purchase Amid Rising Passenger Demand and Trade Strategy

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KUALA LUMPUR, Malaysia, August 4, 2025 – Malaysia Aviation Group (MAG) has announced the acquisition of 20 Boeing 737 MAX aircraft, with an option to purchase an additional 30, as part of a strategic move to address growing market demand and replace its aging fleet. This decision, highlighted by BH Media Rujukan Massa on March

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