Oil Price Related
Maybe it’s the T10 and not the T15 who will not enjoy the petrol subsidy. Are you in T10?
This is something that will affect the ones who are affected daily, weekly, monthly and maybe even forever. We are talking about the petrol subsidy which is supposed to stop for certain segments of the population mid of 2025. This is where people pumping RON95 will no longer enjoy the RM2.05 per liter price of today but instead will be paying the market price instead. If the oil price goes up, then the petrol price moves up further. It was revealed earlier that the group which will be affected is the T15. Briefly, the top 15 percent of Malaysians where the household income is concerned.