BFM 89.9

HIGHLIGHTS 
Podcast  >  Bigger Picture  >  Beyond The Ballot Box  >  Everything You Need to Know About the Diesel Subsidy Reforms

Everything You Need to Know About the Diesel Subsidy Reforms

Dr Geoffrey Williams, Economist

11-Jun-24 15:00

Everything You Need to Know About the Diesel Subsidy Reforms

On the 10th of June, the Malaysian government officially implemented the Diesel Subsidy reform, moving away from decades-old blanket subsidies. The Prime Minister has stressed that this move will save the government billions of ringgit annually and discourage smuggling and corruption. The government also said that the burden of removing these subsidies will only be felt by the T20 income earners and will not impact the B40 and M40. 

So, what are the potential long-term benefits of this reform and are there potential downsides? And what should the government do with the billions of ringgit they are projected to save from this reform?

Image Credit: Shutterstock

Produced by: Dashran Yohan

Presented by: Dashran Yohan


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  economygovernment

Tags:  the bigger picturebeyond the ballot boxgovernmentdiesel subsidy





Play / Pause

Listen now : BFM 89.9 -- The Business Station

Today’s Shows



6:00 AM

The 6AM Stretch

Thought-provoking discussions on ideas, people and events shaping our lives.

7:00 AM

World Market Watch

Tony Nash, CEO, Complete Intelligence tells us where international markets are heading.

7:15 AM

Morning Brief

We recap global and local headlines from today's papers and portals.

7:30 AM

Morning Brief

Ang Beng Kuan, Head of Investment Strategy at Opus Islamic Asset Management, shares his views on FX and fixed income outlook for 2026.

7:45 AM

Morning Brief

Dr. Veerinderjeet Singh, Senior Advisor on Tax Policy, KPMG discuss the reliability of the GST comeback in Malaysia.

8:00 AM

The Breakfast Grille

We revisit our 2025 IPO conversations, highlighting companies from newcomers like Oriental Kopi to exits such as KNM Group.

8:30 AM

Morning Brief

Dr. Azmi Hassan, Senior Fellow at the Nusantara Academy for Strategic Research weighs in on Perikatan Nasional’s turmoil following Tan Sri Muhyiddin Yassin and other top leaders’ resignations.

8:45 AM

Morning Brief

(REPEAT) Dr. Veerinderjeet Singh, Senior Advisor on Tax Policy, KPMG discuss the reliability of the GST comeback in Malaysia.

9:00 AM

Opening Bell

(REPEAT) Tony Nash, CEO, Complete Intelligence tells us where international markets are heading.

9:15 AM

Opening Bell

(REPEAT) Ang Beng Kuan, Head of Investment Strategy at Opus Islamic Asset Management, shares his views on FX and fixed income outlook for 2026.

9:35 AM

The Property Show

Best of The Property Show 2025 revisits curated episodes on the changing role of the home.

10:05 AM

Open For Business

(REPEAT) Amanda Koo, Executive Director, Wah Chan

11:00 AM

The Workplace

(REPEAT) Professor Nicole Gillespie, Chair of Trust and Professor of Management, Melbourne Business School

12:00 PM

Enterprise Explores

(REPEAT) Nirmala Supramaniam, Head of Household Financial Education Department, Agensi Kaunseling dan Pengurusan Kredit (AKPK)

1:00 PM

The Breakfast Grille Repeat

We revisit our 2025 IPO conversations, highlighting companies from newcomers like Oriental Kopi to exits such as KNM Group.

2:05 PM

Discovery Hour

An eclectic selection of BBC shows, curated with variety in mind.

3:05 PM

Earth Matters

In this ‘Best of 2025’ replay, we discover why the Malaysian Food Sovereignty Forum has warned against proposed changes to the Protection of New Plant Varieties Act and the Plant Seed Quality Bill.

4:05 PM

Health & Living

In this ‘Best of 2025’ replay, we tackle the complexities of treating childhood obesity and public health strategies for prevention.

5:00 PM

Top 5 at 5

A countdown of the 5 biggest stories of the day, to catch you up on all you need to know!

6:00 PM

Big Issue

7:00 PM

Stories of KL

8:00 PM

Cruise Control

(REPEAT) If you're in the market for a used, old school sports sedan, should you consider the Mitsubishi Lancer GT, or the Proton Inspira? Daniel Fernandez from dsf.my shares his thoughts!