News & Reviews:   RON95

Yesterday, the Malaysian government announced the BUDI95 program, under which every Malaysian with an active driver's license and MyKad can claim 300 litres of RON95 monthly at RM1.99 per litre. If you need to repair and replace your MyKad, you can do so for free for a limited time.

A minister in Malaysia reminded the public to check their MyKad to ensure the chip is working properly. So, what should you know about it?

Back in October 2024, Prime Minister Datuk Seri Anwar Ibrahim announced the move from a blanket subsidy for RON95 to a targeted one, touted for implementation in mid-2025. However, the move, which may use MyKad as part of its mechanism, has now been delayed.

Prime Minister Datuk Seri Anwar Ibrahim today tabled Budget 2025 in Parliament, which included some interesting announcements. These include the implementation of targeted subsidy for RON95 fuel beginning the middle of next year.

Economy Minister Rafizi Ramli in Parliament today revealed that the government is currently assessing the need for subsidy rationalisation for RON95. However, the focus and priority for now is on the implementation of targeted subsidies for diesel which started on 10 June.