BFM 89.9

HIGHLIGHTS 
Podcast  >  Evening Edition  >  Top 5 At 5  >  Top 5 at 5: Phasing Out RON95 Subsidies

Top 5 at 5: Phasing Out RON95 Subsidies

Dr Lee Hwok-Aun, Senior Fellow, Malaysian Studies Programme, ISEAS-Yusof Ishak Institute

11-Nov-24 17:00

Top 5 at 5: Phasing Out RON95 Subsidies

Earlier this year, the Malaysian government announced the removal of diesel subsidies and plans to phase out RON 95 subsidies for higher-income groups by 2025. We ask Dr. Lee Hwok-Aun, Senior Fellow at the ISEAS-Yusof Ishak Institute, to weigh in on the policy's driving forces and its potential impact on Malaysians, sparking a national debate on fuel affordability.

Other stories we covered today:

· Selangor DAP Leadership Shake-Up: Selangor DAP party members have just elected their leaders for the 2024-2027 term with Puchong MP Yeo Bee Yin emerging victorious with 1180 votes, Ng Sze Han being named the new chairperson and V Ganabatirau chosen as deputy. We speak to Oh Ei Sun, Principal Adviser at the Pacific Research Centre for his analysis of the leadership change and the surprising loss of incumbent DAP Selangor chairman Gobind Singh Deo.

· COP29: COP29 kicks off today in Baku, Azerbaijan, focusing on securing increased financial commitments from wealthy nations to support climate action in poorer countries—a goal still unmet since the 2009 US$100 billion pledge. In a recent Earth Matters episode, Meenakshi Raman, the President of Sahabat Alam Malaysia, shared her insights on potential finance negotiation challenges, particularly the tension between developed and developing nations.

· Mercenary Or Terrorist?:
Lee Bing Hang, a 20-year-old Malaysian, enlisted as a mercenary in Ukraine’s war against Russia, prompting a public debate about the treatment of Malaysians who join foreign conflicts. We explore the "double standard" around perceptions of Lee’s actions versus Malaysians involved in groups like IS or Jemaah Islamiyah, with insights from Aizat Shamsuddin, founder of Initiate.my.

· Popek Popek Parlimen:
During today’s Dewan Rakyat session, Deputy Finance Minister Lim Hui Ying reassured MPs about Malaysia's economic stability despite concerns stemming from the US elections and Donald Trump's presidency. Merbok MP Nazri Abu Hassan raised questions on how the expanded SST may affect the cost of living and whether there are alternative revenue sources without burdening citizens. Discussions also touched on controversial government grants to YTL Corp subsidiaries.

Image Credit: MY STOCKERS, Shutterstock

Produced by: Dashran Yohan, Alena Nadia, Juliet Jacobs, Sudais Ferhard

Presented by: Sharaad Kuttan


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

Categories:  politicsgovernmenteconomyinternationalLaw/Activismcontroversiesenvironment

Tags:  Malaysia fuel subsidiesdiesel subsidy removalRON 95 subsidySelangor DAP leadershipNg Sze Hanclimate finance negotiationsLee Bing HangUkraine mercenaryAizat ShamsuddinMerbok MP Nazri Abu HassanSST impactYTL Corp subsidiariesMalaysia economic stabilityDonald Trump MalaysiaMalaysia cost of livingfuel affordability debatecovid-19yeo bee yingobind singh deoCOP29meenakshi ramanMalaysian mercenarypopek popek parlimenus electionsdewan rakyatparliament





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

Joe Quinlan, Chief Market Strategist, US Trust-BOA Private Wealth Management 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

Shahnaz Al-Sadat, Chairperson of LeapEd Services, discusses the upcoming education blueprint as well as the Education Ministry's proposal to bring back UPSR and PT3 exams.

7:45 AM

Morning Brief

Dr. Benjamin Loh, course Director, Bachelor of Digital Media & Communication at Monash University, shares his views about the controversial Grok chatbot.

8:00 AM

The Breakfast Grille

Dr. Stephen Farnsworth, University of Mary Washington discusses the state of US foreign relations following the attack on Venezuela and capture of Nicolas Maduro.

8:30 AM

Morning Brief

James Dorsey, Adjunct Senior Fellow, S. Rajaratnam School of International Studies discusses whether Iran is on the verge of a regime change.

8:45 AM

Morning Brief

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

9:00 AM

Opening Bell

(REPEAT) Joe Quinlan, Chief Market Strategist, US Trust-BOA Private Wealth Management tells us where international markets are heading.

9:15 AM

Opening Bell

Royce Tan, Senior Analyst, MBSB Research gives his view on Sunway's takeover offer for IJM.

9:35 AM

People, Planet, Profit

We cover the latest news and views in the ESG space to help businesses thrive with impact.

10:05 AM

Open For Business

APOM’s Chantelle Teoh and Kelvin Long will explore their journey from advertising to retail, building a 7-figure brand by turning Malaysian culture into "witty" merchandise.

11:00 AM

Marketing Mojo

Malaysia’s 2026 Media Map: TikTok Shops, YouTube Classrooms. Vase.ai’s Julie Ng unpacks why TikTok has become the top brand discovery engine (64%) and YouTube the primary learning hub (79%).

12:00 PM

Enterprise Explores

Lock In or Lose Out? The Looming Office Supply Crunch. Knight Frank’s Amy Wong explains why 2026 is a "decision year" for tenants as new office supply is set to drop by 11% this year.

2:05 PM

Discovery Hour

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

3:05 PM

Beyond the Ballot Box

We speak to an expert from the Tricontinental Institute of Social Research about the US' invasion of Venezuela.

4:05 PM

Health & Living

Have you seen weight loss medications marketed at you online? Should you be tempted to buy them? We speak to an expert about why this is more dangerous than you think.

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

Talkback Tuesday