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 : The 6AM Stretch: Thought-provoking discussions on ideas, people and events shaping our...

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

Carlos Casanova, Senior Economist, UBP 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

Lavanya Venkateswaran, Senior ASEAN Economist, OCBC gives us the 2026 outlook for global economies and markets.

7:45 AM

Morning Brief

Dr Vilashini Somiah of University Malaya weighs in on Sabah’s new cabinet.

8:00 AM

The Breakfast Grille

Dr Zhou Lihan, Co-founder and CEO of MiRXES discusses the company operations and more.

8:30 AM

Morning Brief

Vincent Fong, Chief Editor, Fintech News Network discusses developments within Malaysia's fintech industry.

8:45 AM

Morning Brief

Dr. Veerinderjeet Singh, senior advisor on tax policy from KPMG in Malaysia, shares insights into Malaysia's tax amendments 2025.

9:00 AM

Opening Bell

Carlos Casanova, Senior Economist, UBP tells us where international markets are heading.

9:15 AM

Opening Bell

Lim Sue Lin, Head of Research, Maybank Investment Bank discusses the outlook for the FBMKLCI.

9:35 AM

The Property Show

Kashif Ansari, Co-Founder and Group CEO of Juwai IQI, discusses Malaysia property landscape in 2025, and the road to 2026.

10:05 AM

Open For Business

Stephanie Ping and Andrew Yeow, Co-Founders, WORQ

11:00 AM

The Workplace

Amirul Safuan, Founder, Ameer Safone Ventures

12:00 PM

Enterprise Explores

Jeffrey Paine, Managing Partner, Golden Gate Ventures

1:00 PM

The Breakfast Grille Repeat

Our flagship show, we feature both game-changers and groundbreakers in the hot seat.

2:05 PM

Discovery Hour

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

3:05 PM

Earth Matters

Selangor’s proposed Batu Arang waste-to-energy incinerator has sparked major community concern. Two residents explain the risks, the lack of official response, and why safer alternatives are needed.

4:05 PM

Health & Living

An effective antiviral treatment for dengue might mean the difference between life and death for those infected. We find out what’s happening in the hunt for a dengue treatment and whether papaya leaves work.

5:00 PM

Top 5 at 5

6:00 PM

Big Issue

Sabah has gone to the polls. We break down the results, highlight the biggest winners and losers, and explore what it means for the state’s political future.

7:00 PM

Stories of KL

Darren Teoh joins us to talk about Dewakan’s place in Kuala Lumpur’s evolving culinary landscape.

8:00 PM

Cruise Control