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: Healthcare is among the most corrupt sectors in many countries....

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

Peter Lim of Trident Analytics 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

Kristy Hung, Bloomberg Intelligence gives us her perspective on the Chinese property market and outlook.

7:45 AM

Morning Brief

Dr. Benjamin Barton from University of Nottingham Malaysia discusses the new momentum in Malaysia–UK ties after Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi's UK visit.

8:00 AM

The Breakfast Grille

Darren Chang, Managing Director of Signature Alliance Group outlines the firm’s growth plans, market edge, and post-IPO strategy ahead of its ACE Market debut.

8:30 AM

Morning Brief

Dr. Khoo Ying Hooi, Associate Professor at Universiti Malaya discusses expectations for Malaysia's new envoy to Washington D.C.

8:45 AM

Morning Brief

(REPEAT) We dive into the local and international news that matters to you.

9:00 AM

Opening Bell

Peter Lim of Trident Analytics tells us where international markets are heading.

9:15 AM

Opening Bell

Geoff Howie, SGX discusses trends in Singapore equities.

9:35 AM

The Property Show

Lawyer Yeoh Tung Seng discusses how a private lease scheme works following court disputes involving properties in Johor.

10:05 AM

Open For Business

BrioHR Co-Founder & CEO Benjamin Croc discusses their recent $6.5M Series A funding and plans to expand AI-driven HR solutions across Southeast Asia.

11:00 AM

The Workplace

Can sports ethics build stronger, more ethical companies? We speak with Paresh Subramaniyam, Founder and CEO of Engage Life, to explore how the timeless values of sports can change today’s workplace culture.

12:00 PM

Enterprise Explores

Today, on the first-ever World Day for Assistive Technology, we speak with Stevens Chan, Founder and CEO of Dialogue Includes All, a social enterprise shaped by his personal journey of losing his sight. We discuss what assistive tech really means, why inclusive design still struggles to take root in Malaysia, and how businesses can shift from designing for people with disabilities to designing with them from the start.

1:00 PM

The Breakfast Grille Repeat

Darren Chang, CEO, Signature Alliance Group.

2:05 PM

Discovery Hour

Healthcare is among the most corrupt sectors in many countries. We explore how to strengthen our healthcare system against corruption, abuse, wastage and fraud.

3:05 PM

Earth Matters

Today on the show, we explore artivism - where art meets activism to reimagine our environmental future. Joining us are the creators of a Malaysia-based initiative using art to inspire change: Dr Thomas Smith, Dr Felicia Liu, and Jakob van Klang.

4:05 PM

Health & Living

The healthcare system is making our planet sick - we look at what Universiti Malaya is doing to reduce the carbon footprint of its medical faculty.

5:00 PM

Top 5 at 5

6:00 PM

Good Things

We speak to Ho Yock Lin, President of AWAM, to revisit the key achievements in women’s rights.

7:00 PM

Made in Malaysia

We take a look at Potehi, or Chinese glove puppet theatre with Hon. Professor Dr Tan Sooi Beng.

8:00 PM

Cruise Control

Daniel Fernandez, Managing Editor, dsf.my