Effects Of Diesel Subsidy Rationalisation On Inflation, Ringgit And Fixed Income

Firdaos Rosli, Chief Economist, Ambank Group

27-May-24 07:45

Effects Of Diesel Subsidy Rationalisation On Inflation, Ringgit And Fixed Income

Pause
Embed

The implementation mechanism and date of targeted diesel subsidy is to be announced soon to make prices in Peninsula Malaysia closer to market levels versus the current subsidised price of RM2.15 per litre. We ask Firdaos Rosli, Chief Economist of Ambank Group what impact this will have on inflation, the Ringgit and even the bond market.

Image Credit: jcomp / freepik.com

Produced by: Wong Shou Ning

Presented by: Wong Shou Ning, Shazana Mokhtar

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

Categories: sponsored content, economy, politics, government, international, Law/Activism

Tags: celcomdigi2024, diesel subsidy, malaysia cpi, fiscal reforms, Prime Minister Anwar Ibrahim, inflation,

Today’s Shows

11:00 AM

Best of Enterprise

(REPEAT) In this episode, we unpack the complexities of CEO succession, especially in founder-led or family-run companies that dominate Malaysia’s corporate landscape.

12:00 PM

Just For Kicks

(REPEAT) It's a busy week of football, with Enzo Maresca leaving Chelsea grabbing the headlines as we usher in the new year. Our pundits react to this news, as well as look ahead to the weekend's matches.

1:00 PM

A Bit of Culture

(REPEAT) Kam, Sharmilla Ganesan and Vernon Adrian Emuang discuss grandma hobbies, poetry making a comeback and Malaysia's cultural metropole on another insightful episode of ABoC!

2:00 PM

Ringgit & Sense

(REPEAT) This week on Ringgit & Sense, producer Jake Lim is joined by Kimberly Law, co-founder and licensed financial planner at Uno Advisers. And since it’s job hunting season for fresh grads, they’ll be talking about what to do, and maybe more importantly what NOT to do with your first paycheck.

2:30 PM

The Property Show

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

3:00 PM

Best of The Bigger Picture

(REPEAT) In this ‘Best of 2025’ replay, we dive into the age-old debate of whether generic drugs are less effective.

4:00 PM

Best of Evening Edition

(REPEAT) How do I argue against conspiracies?

5:00 PM

BBC World Service

Professor Jim Al-Khalili speaks to George Church, one of the pioneers of modern genomics on another episode of The Life Scientific.

PROGRAMMES