With the RON95 petrol subsidy rationalization seemingly forthcoming, the Ministry of Finance has said eligibility will be determined using PADU’s socio-economic database, along with income and asset data. Officials claim the move could save up to 8 billion ringgit a year, while costing about 20 billion ringgit annually. P Gunasegaram, independent business writer gives us his thoughts on its implementation.

Image Credit: Shutterstock.com

With the RON95 petrol subsidy rationalization seemingly forthcoming, the Ministry of Finance has said eligibility will be determined using PADU’s socio-economic database, along with income and asset data. Officials claim the move could save up to 8 billion ringgit a year, while costing about 20 billion ringgit annually. P Gunasegaram, independent business writer gives us his thoughts on its implementation. Image Credit: <a target="_blank" rel="noopener noreferrer nofollow" href="http://Shutterstock.com">Shutterstock.com</a>

Opinion and analysis of today’s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

Opinion and analysis of today&rsquo;s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

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