Fast, factual wire coverage from across Malaysia and the region.
Prime Minister Anwar Ibrahim has underscored that Malaysia's government allocates between RM40 billion and RM45 billion annually to subsidise fuel and essential services, shielding citizens from steeper costs.
Malaysia's unsubsidised fuel prices jump 20 sen per litre from July 30, driven by geopolitical tensions pushing Brent crude to US$96 per barrel. Subsidised fuels remain unchanged.
Four major ride-hailing and taxi operators in Singapore will continue collecting driver surcharges until September 30, helping drivers manage elevated fuel and operating expenses as petrol prices remain significantly higher than earlier in the year.
Prime Minister Anwar Ibrahim has defended Malaysia's fuel pricing strategy, stating that petrol costs remain significantly lower than major oil-producing nations including Saudi Arabia and Qatar, underpinning the government's commitment to affordability.