1d ago
KUALA LUMPUR, Dec 18 (Bernama) -- An estimated 5.6 million recipients eligible for the monthly SARA aid have been recorded, with total entitlements reaching RM5 billion a year, said Finance Minister II Datuk Seri Amir Hamzah Azizan.
8d ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Dec 11 (Bernama) -- The full rollout of all five licensed digital banks in 2025 has reshaped Malaysia’s digital finance landscape, signalling a decisive shift toward a more inclusive and technology-enabled financial ecosystem.
1m ago
KUALA LUMPUR, Nov 5 (Bernama) -- The number of Sumbangan Asas Rahmah (SARA) partner stores increased to 8,700 outlets as of Nov 3, 2025, up from 700 outlets in 2024, said Deputy Finance Minister Lim Hui Ying.
2m ago
PUTRAJAYA, Oct 19 (Bernama) -- Based on the government data, the 300-litre petrol subsidy quota provided under the BUDI MADANI RON95 (BUDI95) programme is sufficient for normal personal use, said Treasury secretary-general Datuk Johan Mahmood Merican.
2m ago
KUALA LUMPUR, Oct 14 (Bernama) -- The Ministry of Finance (MoF) said the Budi Madani targeted subsidy system for RON95 petrol (BUDI95) has benefited more than 11 million Malaysians, who are enjoying the RON95 petrol price of RM1.99 per litre as of Oct 13, 2025.
2m ago
KUALA LUMPUR, Oct 14 (Bernama) -- The Ministry of Economy said the Budi Madani targeted subsidy system for RON95 petrol (BUDI95) has benefited more than 11 million Malaysians, who are enjoying the RON95 petrol price of RM1.99 per litre as of Oct 13, 2025.
2m ago
KUALA LUMPUR, Oct 14 (Bernama) -- The increase in the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) allocations from year to year is proof of the government’s commitment to strengthen the social safety net, according to the Ministry of Finance (MoF).
2m ago
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Oct 8 (Bernama) – Digital banks are urging the government to prioritise the distribution of targeted subsidies and cash aid in Budget 2026 through digital banking platforms, highlighting their potential to deliver a more equitable and efficient system.
2m ago
KUALA LUMPUR, Oct 2 (Bernama) -- The Economy Ministry has not ruled out the possibility of additional BUDI MADANI RON95 (BUDI95) eligibility quotas for the e-hailing sector during the tabling of Budget 2026 next week.
2m ago
KUALA LUMPUR, Oct 1 (Bernama) -- The BUDI95 petrol subsidy initiative strengthens income distribution and could improve fairness in how national resources are shared by five to 10 per cent, in line with ASEAN peers, an economist said.
2m ago
KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday, extending gains as market confidence was lifted by the government’s firm policy stance following the rationalisation of RON95 subsidies.
2m ago
PUTRAJAYA, Sept 22 (Bernama) -- The government’s decision to lower the price of RON95 petrol to RM1.99 per litre through targeted subsidies is expected to bolster Malaysia’s fiscal position while ensuring assistance reaches the rakyat, economists say.