No fuel hike for Malaysians, but foreigners will pay more for petrol:
JOHOR BAHRU - | Foreigners will need to pay more for fuel under the fuel rationalization ...
globalnation.inquirer.net/278076/no-fuel-hike-for-malaysians-but-foreigners-will-pay-more-for-petrol
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Malaysia’s Fuel Price Shift Targets ForeignersForeigners will pay more for fuel as subsidies costing RM3-4 billion yearly are reduced under new policy.
Key FactsMay 25, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: globalnation.inquirer.net
Summary created with AI assistance · Source: globalnation.inquirer.net
- Fuel prices for foreigners in Malaysia will increase to reduce the RM3-4 billion in annual fuel subsidies they currently benefit from.
- The government will exempt most locals from price hikes but will target the wealthiest 5 percent of Malaysians alongside foreigners.
- Malaysia maintains one of the highest fuel subsidy rates, prompting the need for this rationalization exercise.
- The e-invoice system rollout expands through 2025 to include all businesses, aiming to avoid excessive burdens on smaller companies.
We have rejected this move. We will target the 5 percent who are ultra rich in Malaysia and also foreigners.— Datuk Seri Anwar Ibrahim, in his winding-up address at the PKR national congress
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