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Home News Auto News Government Has Yet To Finalize Targeted Petrol Subsidy Mechanism Government Has Yet To Finalize Targeted Petrol Subsidy Mechanism Auto News Siew Weng | March 13, 2019 07:10 pm Deputy Minister in the Domestic Trade and Consumer Affairs Ministry (KPDHEP) Chong Chieng Jen has provided a timely update on the status of the targeted petrol subsidy mechanism.In a report by The Star daily, Deputy Minister Chong said that the Government has not made any final decision on the matter."The Finance Ministry has called for an open tender for parties interested to propose the best mechanism for the implementation of the targeted subsidy," he said in response to a question at Dewan Rakyat this morning. "The subsidy system must be simple to use and can be used by all petrol stations throughout the country," Chong added.Under Budget 2019, the Government proposed to subsidize RON 95 fuel up to RM30 per month for cars with engine displacement 1,500 cc and below and RM12 per month for motorbikes under 125 cc in engine displacement. Trials were expected to begin in this month, with full implementation by the second half of the year.It is also reported that the government has set aside some RM 2 billion for the new initiative, which is expected to benefit more than four million car owners and 2.6 million motorcycle owners.Several proposals have been put forward by consumer groups, including the use of a petrol card to purchase subsidized petrol. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags Fuel Price Print Related News Fuel Price Update: 7 Sen Drop For Petrol, 6 Sen Drop For Diesel Auto News Eric | June 14, 2017 From 14 June till 21 June 2017, motorists in Malaysia will be able to enjoy cheaper petrol and diesel.New prices below: RON95 - RM1.98 (down 7 sen ... Fuel Price Update: June 2017 Week 4 Auto News Eric | June 21, 2017 From 21 June till 28 June 2017, motorists in Malaysia will be able to enjoy slightly cheaper petrol and diesel.New prices below: RON95 - RM1.91 (down ... Fuel Price Update: 2 Sen Drop For Petrol, 4 Sen Drop For Diesel Auto News Eric | June 28, 2017 From 29 June till 5 July 2017, drivers in Malaysia are expected to pay slightly less for petrol and diesel.New prices below: RON95 - RM1.89 (down 2 ... Fuel Price: 13-19 July 2017 - Petrol And Diesel Increase Auto News Eric | July 12, 2017 The Ministry of Domestic Trade, Cooperatives, and Consumerism (KPDNKK) has just announced the latest fuel prices for next week. Drivers in Malaysia ... Comments
Government Has Yet To Finalize Targeted Petrol Subsidy Mechanism Auto News Siew Weng | March 13, 2019 07:10 pm Deputy Minister in the Domestic Trade and Consumer Affairs Ministry (KPDHEP) Chong Chieng Jen has provided a timely update on the status of the targeted petrol subsidy mechanism.In a report by The Star daily, Deputy Minister Chong said that the Government has not made any final decision on the matter."The Finance Ministry has called for an open tender for parties interested to propose the best mechanism for the implementation of the targeted subsidy," he said in response to a question at Dewan Rakyat this morning. "The subsidy system must be simple to use and can be used by all petrol stations throughout the country," Chong added.Under Budget 2019, the Government proposed to subsidize RON 95 fuel up to RM30 per month for cars with engine displacement 1,500 cc and below and RM12 per month for motorbikes under 125 cc in engine displacement. Trials were expected to begin in this month, with full implementation by the second half of the year.It is also reported that the government has set aside some RM 2 billion for the new initiative, which is expected to benefit more than four million car owners and 2.6 million motorcycle owners.Several proposals have been put forward by consumer groups, including the use of a petrol card to purchase subsidized petrol. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags Fuel Price
Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price.
Fuel Price Update: 7 Sen Drop For Petrol, 6 Sen Drop For Diesel Auto News Eric | June 14, 2017 From 14 June till 21 June 2017, motorists in Malaysia will be able to enjoy cheaper petrol and diesel.New prices below: RON95 - RM1.98 (down 7 sen ...
Fuel Price Update: June 2017 Week 4 Auto News Eric | June 21, 2017 From 21 June till 28 June 2017, motorists in Malaysia will be able to enjoy slightly cheaper petrol and diesel.New prices below: RON95 - RM1.91 (down ...
Fuel Price Update: 2 Sen Drop For Petrol, 4 Sen Drop For Diesel Auto News Eric | June 28, 2017 From 29 June till 5 July 2017, drivers in Malaysia are expected to pay slightly less for petrol and diesel.New prices below: RON95 - RM1.89 (down 2 ...
Fuel Price: 13-19 July 2017 - Petrol And Diesel Increase Auto News Eric | July 12, 2017 The Ministry of Domestic Trade, Cooperatives, and Consumerism (KPDNKK) has just announced the latest fuel prices for next week. Drivers in Malaysia ...