BFM 89.9
The Business Station
What's Up With Our Fuel Subsidy Systems?
37 mins·18:00, 11 Mar 2022
What's Up With Our Fuel Subsidy Systems?
37 mins
·
18:00, 11 Mar 2022
·
Recommended
Guest: Dr Mohd Shahreen Madros, Adjunct Professor, UKM Graduate Business School, Lee Heng Guie, Executive Director, Socio-Economic Research Centre (SERC)
The topic of oil prices has been around a lot lately, as we see prices skyrocketing amidst recent world events. Finance Minister Tengku Datuk Seri Zafrul Aziz has said that the government’s subsidies for petrol, diesel, and liquefied petroleum gas for 2022 could amount to RM28 billion if oil prices remain at this level. First, we look into our current subsidy system, and what it would look like to take a more targeted approach. Then, we look into the reasons why our fuel prices are so volatile, especially since we produce our own oils.
Image source: Shawnviphography, Shutterstock
Presenter: Lee Chwi Lynn, Sharmilla Ganesan
Producer: Jeremy Ng, Lee Chwi Lynn, Sharmilla Ganesan
Share:
Recommended
Apr 30
·
41 minsThe Auto Shanghai 2025 Round-Up
Apr 30
·
37 minsThe History of Unions in Malaysia
Apr 30
·
31 minsBuku Beyond Bars
Recent episodes
0
Latest stories
Podcasts · Apr 30 · 12:00PM
The Auto Shanghai 2025 Round-Up
41 mins
Podcasts · Apr 30 · 41 mins
The Auto Shanghai 2025 Round-Up
Podcasts · Apr 30 · 11:00AM
The History of Unions in Malaysia
37 mins
Podcasts · Apr 30 · 37 mins
The History of Unions in Malaysia
Podcasts · Apr 30 · 10:00AM
Buku Beyond Bars
31 mins
Podcasts · Apr 30 · 31 mins
Buku Beyond Bars