RON95 patrol subsidy, M'sians to get up to 300l of RM1.99 RON95 - a 6 sen drop from RM2.05 a month from Sept 30, 2025

The RON95 subsidy retargeting is a key piece of the government’s efforts to repair its finances after nearly three decades of budget deficits.

Here is a detailed summary of the BUDI95 RON95 petrol subsidy for Malaysians, effective September 30

PUTRAJAYA: The price of RON95 petrol has been reduced to RM1.99 per litre, from RM2.05 per litre, effective Sept 30, through targeted subsidies under the Budi Madani RON95 (BUDI95) programme.

The good news was announced by Prime Minister Datuk Seri Anwar Ibrahim on Monday (Sept 22) at his monthly meeting with staff of the Prime Minister's Department.

Anwar, who is also the Finance Minister, said all Malaysian citizens with a valid driving licence are eligible for the RON95 subsidy and based on data from the Road Transport Department (JPJ) and the National Registration Department (JPN), it is estimated that more than 16 million people are eligible to receive the subsidy.

"These benefits and privileges are given as an appreciation and recognition of the spirit of National Day and Malaysia Day, as well as to honour all Malaysians.

"Starting Sept 30, non-citizens and large companies will no longer be eligible for the subsidy, as it is meant solely for personal use. They will have to pay the non-subsidised price of about RM2.60 per litre, while Malaysian citizens will continue to enjoy the subsidised price of RM1.99 per litre," he said.

Malaysians, he said, are eligible to receive a monthly BUDI95 of 300l, but e-hailing drivers can apply for a higher ceiling.

He added that, as a gesture of appreciation, police and military personnel will begin enjoying the RM1.99 per litre price from Saturday (Sept 27), ahead of the official implementation date, while the B40 group, who are recipients of the Rahmah Cash Contribution (STR), will start enjoying the subsidised price from Sunday (Sept 28).

This is to allow the public to gradually adapt to the new RON95 subsidy mechanism, he said.

Anwar said that, similar to the Basic Rahmah Contribution (Sara), no registration is required for BUDI95. Malaysians only need to use their MyKad to enjoy the subsidised price.

MyKad reader machines will be installed at shops and petrol pumps to help reduce the risk of congestion.

In this regard, he reminded the public to ensure their MyKad chips are functioning properly and that they hold a valid driving licence.

"Only citizens with a valid driving licence are eligible to receive the subsidy. So, for those who have yet to renew their licence, please do so immediately.

"Just like Sara, this is an appreciation initiative. It does not matter what your income level or position is - we are extending the blessing and benefit of this RON95 subsidy to all Malaysians.

"Some may criticise that even the super-rich are entitled to it, but this is our way of recognising and appreciating Malaysian citizens," he said.

For those who are digitally literate, Anwar said there are alternative payment options such as Touch'n Go and oil company applications like Petronas' Setel, which eliminate the need to use MyKad for every transaction.

He said Malaysia is the only country in the world bold enough to reduce fuel prices for its people despite the current uncertain global economic situation.

"Currently, the price in Saudi Arabia is RM2.61 per litre, and that is one of the largest oil-producing countries in the world. In comparison, petrol prices are RM3.22 per litre in Indonesia, RM4.22 per litre in the Philippines, RM5.68 per litre in Thailand, and RM9.02 per litre in Singapore.

"Of course, Singapore is not an oil producer, but I want to emphasise that even among oil-producing nations, Malaysia remains among the lowest... the only one slightly lower than us is Brunei," he said.

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Anwar: Victory Parade a reminder to defend one’s sovereignty, joins world leaders at China’s Victory Day parade marking 80 years since WWII

 

 

Standing united: Xi and his wife Peng Liyuan (centre) posing for a group photo with the heads of foreign delegations and their spouses before the commemorative parade marking 80 years since the end of World War II in Beijing. Anwar (front row, fourth from left) and his wife Datuk Seri Dr Wan Azizah Wan Ismail are in attendance. — Xinhua

BEIJING: The commemorative Victory Parade held by China to mark 80 years since the end of World War II serves as a timely reminder that a nation’s sovereignty must always be defended and safeguarded.

Prime Minister Datuk Seri Anwar Ibrahim said this is even more crucial in today’s geopolitical landscape, where turmoil persists and the international system is increasingly undermined.

He cited the genocide in Gaza, where the Israeli regime continues its atrocities against Palestinians with impunity.

“For me, the celebration is a reminder that a nation must be free, independent and sovereign. A country’s independence must be respected.

“Our experience of embracing peace and resolution after World War II, and how China rose against violence and colonialism, should serve as a lesson for today’s society, especially in our region,” he told Malaysian media at the end of his working visit to Beijing and Tianjin this week.

Anwar was among the foreign leaders invited by Chinese President Xi Jinping to attend the parade at Tiananmen Square yesterday morning.

On his participation in the Shanghai Cooperation Organisation (SCO) Plus Summit 2025 in the port city of Tianjin, Anwar said that although Malaysia is not a member of the SCO, he was invited by Xi, as the current Asean Chair, to attend as a special guest and share his views on global issues.

“So we took the opportunity to attend and share our views,” he said, Bernama reported.

Anwar said he also highlighted the United Nations’ failure to fulfil its mandate in resolving major crises, which has further eroded its global influence – a point acknowledged by UN Secretary-General Antonio Guterres, who participated in the meeting.

The Prime Minister added that he had met several world leaders on the sidelines of the summit.

Among them was Myanmar’s acting President Min Aung Hlaing, with whom he discussed and followed up on the country’s peace process ahead of Foreign Minister Datuk Seri Mohamad Hasan’s visit later this month.

His meetings with Turkish President Recep Tayyip Erdogan and Egyptian Prime Minister Mostafa Madbouly, meanwhile, focused on the situation in Gaza amid Israel’s brutal aggression.

“I asked about the latest developments in Gaza. Many leaders who attended the summit also raised the issue of the ongoing atrocities in Gaza and the suffering of the Palestinian people there,” Anwar said.

He also met with his counterpart from Pakistan, Shehbaz Sharif, Cambodia’s Hun Manet and Nepal’s Prime Minister KP Sharma Oli to discuss boosting two-way trade and investment. 

Anwar departed for home yesterday afternoon after attending the Victory Parade and a banquet hosted by the Chinese President.

China's V-Day gathering to start at 9 a.m., Sept. 3 at Tian'anmen Square

Many 'firsts' in impressive formations displayed in China's massive V-Day parade

China held a massive military parade in central Beijing on Wednesday to mark the 80th anniversary of its victory in World War II, pledging the country's commitment to peaceful development in a world still fraught with turbulence and uncertainties

Anwar joins world leaders at China’s Victory Day parade marking 80 years since WWII

Prime Minister Datuk Seri Anwar Ibrahim had a bilateral meeting with Chinese Premier Li Qiang at the Diaoyutai State Guesthouse yesterday. — Bernama pic

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Prime Minister Datuk Seri Anwar Ibrahim had a bilateral meeting with Chinese Premier Li Qiang at the Diaoyutai State Guesthouse yesterday. — Bernama pic

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‘Build bridges over barriers’

 

Anwar: asian nations must be independent yet interdependent

Making an impact: Anwar greeting students after delivering a lecture at Tianjin University. — Pic from Anwar’s Facebook page

TIANJIN: Asian nations should chart a path of sovereign interdependence to promote global stability, peace and resilience, says Prime Minister Datuk Seri Anwar Ibrahim.

He said Asia’s strength lies in preserving its sovereignty while staying open to one another.

He cautioned that while globalisation had produced discontent and inequalities, its flaws should not be used to justify exclusionary blocs or economic fortresses.

Such approaches, he warned, would only deepen divisions and risk leading to stagnation.

“Malaysia proposes a different path: the path of sovereign interdependence – the art of standing tall without standing apart.

“It is the conviction that nations can remain fully themselves – sovereign in choice, in voice and in destiny – while still being open to the flows of trade and investment, of talent and technology, on which prosperity depends,” he said in his public lecture at Tianjin University yesterday.

The Prime Minister stressed that independence and interdependence should be viewed as complementary rather than opposing concepts, Bernama reported.

“We must design interdependence that fortifies sovereignty rather than undermines it.

“Interdependence should not make nations fearful that their autonomy will be diluted. It should give them confidence that, by being connected, their resilience is multiplied,” he added.

He also cited the history of Chinese Admiral Zheng He’s voyages, which linked Melaka with Africa and Arabia centuries ago, bringing gifts and exchanges without conquest or subjugation.

Such traditions of openness, he said, reflected a distinctly Asian model of engagement.

Anwar said that Asia, as a community of diverse nations, bears a special responsibility in shaping the next chapter of the global order, as the region is now the engine of global growth, home to most of the world’s youth and the centre of dynamic technological advances.

“For too long, debates about the world economy have been framed in trans-atlantic terms.

“We are not merely the objects of other people’s strategies. We are the authors of our own destiny. We must resist the temptation to think that the world has no alternative but to splinter into blocs.

“Fragmentation is not destiny. We can choose cooperation over coercion, bridges over barriers. We can choose sovereign interdependence,” he said.

He said under Malaysia’s chairmanship, Asean has adopted inclusivity and sustainability as guiding themes.

China, Anwar added, also has a unique role as a civilisational power whose choices would shape the region’s openness, stability and inclusiveness.

“The region looks to Beijing not only for economic dynamism but also for confidence that Asia’s future will be open, stable and respectful of diversity,” he said.

At the same time, middle powers such as Malaysia have their own duty to act as bridges and remind major powers that restraint and reciprocity are the anchors of peace.

“Asia’s future will rest on steadiness – on the confidence to act without haste, and the patience to give every nation the space it needs to feel secure.

“If we hold fast to that spirit, Asia can move forward with dignity, assured of its place in the world,” he said.

The lecture, titled “Sovereign Interdependence: Building A Shared Future in Asia”, was part of Anwar’s engagement with university students and academics in conjunction with his four-day working visit to Tianjin and Beijing starting Aug 31.

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Bright future ahead for Malaysian properties

 Impressive growth chalked up in first quarter 2024

Nga: The ongoing property stock rally is expected to continue into the second half of 2024.

PETALING JAYA: The property market has a “bright future” in the coming years under the leadership of Prime Minister Datuk Seri Anwar Ibrahim, says Housing and Local Government Minister Nga Kor Ming.

Interestingly, the minister also made a forecast that the ongoing property stock rally is expected to continue into the second half of 2024.

He said this in a statement where he noted that property stocks on Bursa Malaysia have rallied by up to 600% since the beginning of 2023.

Nga also pointed out that property transactions reached RM56.53bil in the first quarter of 2024 (1Q24), demonstrating an “impressive growth”. 

Premised on investors’ bullishness on property stocks and the market appetite for properties, Nga said the local property market is expected to be stable this year.

The market is also likely to continue growing in the next three years, supported by various initiatives outlined by the Madani government under Budget 2024, he added.

“We must work together to enhance our industry’s reputation and increase the confidence level of investors to make the property market even more resilient,” the minister said.

Nga also noted that property counters in the stock market have been on the rise from January 2023 to June 2024.

Out of 100 property counters on Bursa Malaysia, approximately 76 counters experienced an increase in share price, 22 counters showed a decrease in share price and two counters maintained their share price despite fluctuations.

For instance, DPS Resources Bhd experienced 600% growth in its share price, UEM Sunrise Bhd saw a 347.06% increase and WMG Holdings Bhd also showed a 326.31% growth from January 2023 to June 2024.

A total of 23 counters have at least doubled their share price in the period, based on data provided in Nga’s statement.

Meanwhile, the minister highlighted the impressive growth in Malaysian property transactions.

“In 1Q23, Malaysia’s property market transactions were valued at RM42.31bil, with more than 89,000 transactions recorded. In contrast, in 1Q24, property market transactions reached RM56.53bil, with more than 104,000 transactions, marking an increase of RM14.22bil in terms of value.

“This significant growth indicates that Malaysia’s property market is recovering well and on the rise,” he said.

About three weeks earlier, Nga reportedly said that the country’s property overhang was clearing up. Quoted by Bernama, Nga said that since the Madani government took office, the number of completed but unsold property units had decreased by over 40% with a drop from 37,066 units to fewer than 24,000 units.

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We choose our own friends, China remains a key ally

‘We do not have a problem with China’: Malaysian Prime Minister Anwar Ibrahim

MELBOURNE: As a “fiercely independent” nation, Malaysia will not be dictated to by anyone over its relations with China or any of its important neighbours, says Datuk Seri Anwar Ibrahim.

“While we remain an important friend to the United States, Europe and here in Australia, that should not preclude us from being friendly to one of our important neighbours, specifically China,” the Prime Minister said.

“We are fiercely independent. We do not want to be dictated to by any force.

“If they have problems with China, they should not impose them upon us. We do not have a problem with China,” Anwar said in a joint press conference with Australian Prime Minister Anthony Albanese during his official visit to the country yesterday.

Asked about how Sinophobia manifested itself and its effect on the region, Anwar replied that Malaysia upholds an “open trading policy to encourage investments from foreign countries.”

“They have levied some criticisms against us for giving additional focus to China. Right now, China seems to be the leading investor in Malaysia.

“Cumulatively, it’s still the United States of America,” he added.

On Feb 27, Anwar had decried “China-phobia” among US and Western allies in an interview with the Financial Times in the United States, questioning why Malaysia would “pick a quarrel” with China, its largest trading partner, in response to US criticism of Malaysia’s ties with Beijing.

“Why must I be tied to one interest? I don’t buy into this strong prejudice against China, this China-phobia.”

Calling China an important neighbour, he said Malaysia would give priority to enhancing relations with Beijing in terms of trade, investment and culture.

Anwar, who is in Australia with his wife Datuk Seri Dr Wan Azizah Wan Ismail and several ministers and leaders, will attend two major programmes – the Malaysia-Australia Annual Leaders’ Meeting and the Asean-Australia Special Summit.

Warm welcome: Anwar shaking hands with Albanese at Government House in Melbourne, Victoria. Looking on is Governor of Victoria, Margaret Gardener. — Bernama

On the Palestinian-Israeli conflict, Anwar lauded the Syrian government for supporting the call for a ceasefire and enhancing media efforts in Gaza.

“The consensus is in calling for a ceasefire and good humanitarian support, and probably avoiding the contentious issues between Palestine and Israel. At least for now, it is to cease fire and provide humanitarian assistance.”

Albanese also reiterated his call to end civilian suffering through a humanitarian ceasefire, the release of hostages, and a two-state political solution for Palestinians and Israelis to live with security and stability.

On the 10th anniversary of flight MH370, which went missing on March 8, 2014, Anwar said Malaysia would not hesitate to renew the search for the aircraft if there was “compelling evidence.”

“We will be glad to reopen (the search) because I don’t think it’s a technical issue. It is an issue affecting the lives of people, and whatever needs to be done must be done,” he said.

Both Anwar and Albanese also agreed that Malaysia and Australia would like to achieve more growth in trade and economic relations, especially in green energy and education.

“There’s a real potential for further institutional investment from Australia into Malaysia as well, with universities and tertiary education being a real prospect.

“Australia remains an important supplier of LNG to Malaysia. We have so much in common in our economies that is quite complementary,” Albanese said.

He also said Australia was focused on this region despite receiving critical commentary about it sometimes.

“We make no apologies for our focus being on South-East Asia in the Indo-Pacific because this is where our future economic prosperity will be determined.

“We’re living in this region, the fastest-growing region of the world. What that presents is an enormous opportunity for both our nations,” he said.

Anwar replied that Malaysia was committed to facilitating all avenues that both countries could explore – including renewable energy, green technology, digitalisation, food security and education opportunities involving top Australian institutions.

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