Malaysia’s nationwide diesel subsidy gets citizens all pumped up
AI Summary
Malaysia has introduced a nationwide diesel subsidy to support consumers and small businesses, offering diesel at 2.10 ringgit per litre from July 1. The program's success depends on allocation details per identity card holder under the MyKad-based scheme.
Malaysian consumers and small business owners have welcomed the government’s decision to introduce subsidised diesel at 2.10 ringgit (50 US cents) per litre (0.3 gallons) nationwide from July 1, although some are seeking greater clarity on fuel allocations under the MyKad-based scheme. Malaysian Tamilan Tow Truck Association president Mathevaanan Mohanaraja said the effectiveness of the initiative would ultimately depend on how much subsidised diesel each identity card holder was entitled to...