Business, markets and economy news from Malaysia.
Prime Minister Anwar Ibrahim has declared an end to corruption and crony-driven politics, pledging that his MADANI government will protect no one found guilty of graft, regardless of political affiliation or background.
JOHOR BAHRU — Prime Minister Datuk Seri Anwar Ibrahim has revealed that while Johor contributed RM14 billion in federal revenue between 2023 and 2025, the federal government returned even more — a total of RM16 billion — to the state through development projects and operational allocations.
The MADANI government pledges to maintain its Ziarah Kasih initiative, delivering direct aid to vulnerable Malaysians through targeted assistance identified via Department of Information channels.
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Malaysia will reduce subsidised diesel prices to RM2.10 per litre from July, using MyKad verification to ensure subsidies reach eligible citizens while combating smuggling and leakages.
Prime Minister Anwar Ibrahim claimed the Federal government has returned more funds to Johor than the state contributed to federal coffers, highlighting increased development spending under the MADANI administration.
Malaysia will reduce subsidised diesel to RM2.10 per litre starting July 2026, using a targeted subsidy approach verified through MyKad, similar to the BUDI95 petrol programme.
Pasir Gudang MP Hassan Abdul Karim has reaffirmed that the Madani Government distributes federal funds to Johor and other states strictly in accordance with the Federal Constitution and established legal frameworks.