The Ministry of Finance (MoF) is extending the interim refund mechanism for eligible logistics vehicle owners who have not yet received their fleet cards until August 2024. This facility is...

In a strategic move to bolster Malaysia’s structural reforms as envisioned in the Ekonomi MADANI framework, the Ministry of Finance (MOF) is spearheading a programme aimed at synergising efforts...

On 10 June 2024, the Government announced the retargeting of the diesel subsidy under the BUDI MADANI initiative. In line with the announcement, the retail price of diesel fuel was fixed at RM3.35 per...

Based on the weekly retail pricing of petroleum products using the Automatic Pricing Mechanism (APM) formula, the retail prices of petroleum products from 1 August 2024 to 7 August 2024 are fixed as...

INTRODUCTION

1. The Ekonomi MADANI framework, launched on 27 July 2023, sets out the Government’s medium-term economic priorities to restructure Malaysia’s economy towards higher value-added...