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 : Discovery Hour: An eclectic selection of BBC shows, curated with variety in...

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

Tim Mulholland, President, TJM Limited, Chicago 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

Dan Ives, Managing Director, Wedbush Securities discusses whether AI still deserves 2025’s investor enthusiasm and explores new tech opportunities

7:45 AM

Morning Brief

Dr Syaza Shukri of International Islamic University Malaysia analyses the impact of Bersatu’s resignations on the party’s future.

8:00 AM

The Breakfast Grille

Dato’ Dr Wong Ruen Yuan, CEO & Managing Director of Smile-Link Healthcare Global Berhad talks about the company's troubles with audit and plans to profitability.

8:30 AM

Morning Brief

Damien Yeo, Senior Consumer & Retail Analyst, BMI, a unit of Fitch Solutions, lends insights into Malaysia's retail sector outlook.

8:45 AM

Morning Brief

Wan Ahmad Fayhsal weighs in on his Bersatu appeal withdrawal and what this mean for the party.

9:00 AM

Opening Bell

(REPEAT) Tim Mulholland, President, TJM Limited, Chicago tells us where international markets are heading.

9:15 AM

Opening Bell

(REPEAT) Dan Ives, Managing Director, Wedbush Securities discusses whether AI still deserves 2025’s investor enthusiasm and explores new tech opportunities

9:35 AM

What's The Focus

We wrap up the week’s biggest conversations to keep you in the know.

10:05 AM

Open For Business

Dr. Saifulhaziq Noorman, Founder, Kyno Primary Care

11:00 AM

Mattsplained

Matt Armitage, Founder, Kulturpop

12:00 PM

Enterprise Explores

1:00 PM

The Breakfast Grille Repeat

Dato’ Dr Wong Ruen Yuan, CEO & Managing Director of Smile-Link Healthcare Global Berhad talks about the company's troubles with audit and plans to profitability.

2:05 PM

Discovery Hour

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

3:05 PM

Front Row

A dystopian play imagines everyday lives under tightening control. We speak with two performers from No Particular Order about themes, staging, and why it resonates.

3:20 PM

Front Row

Tune in to find out about the latest happenings in the local arts scene, and get the lowdown on the best shows and exhibitions in town.

4:05 PM

Health & Living

The tragic accident involving accidental methadone exposure has put methadone maintenance therapy in the spotlight. We discuss why this treatment is important to reduce HIV transmission.

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

Popcorn Culture

Good Luck, Have Fun, Don't Die & Wuthering Heights + TBC

7:00 PM

Just For Kicks

8:00 PM

Bar None

9:00 PM

The Selector