GST, HVGT, could resurface as part of Budget 2025 alongside RON95 rationalisation, says RHB analyst. Are we ready?
主页 新闻 所有资讯 2023 Budget - Key takeaways for the auto sector 2023 Budget - Key takeaways for the auto sector 所有资讯 Adam Aubrey | February 24日, 2023 07:00 PM Prime Minister and Finance Minister Anwar Ibrahim has re-tabled the 2023 Budget today at the Dewan Rakyat, and the largest budget on record at RM386.1b has some pretty interesting auto and transport-related points. As we know, there has been a lot of chatter about the local EV industry recently, but surprisingly, nothing was said about the sector during the budget tabling. Instead, a lot of effort has been put into public transport, road improvements, and vehicle licenses. Road improvements The government is also concerned about the high amounts of accidents occurring on local roads which is why they will put aside more than RM2.7 billion to fix and upgrade federal and state roads. RM50 million has also been reserved to upgrade the lighting in accident-prone areas around the country. Absorbing license test costs Putrajaya will absorb the cost of taxi, bus, and e-hailing licence test fees. They will also sponsor tests for those who wish to take the B2 motorcycle license, which is basically tests for the below 250 cc category. This seems like a move to help promote the e-hailing and p-hailing industry as well as public transport. MRT3 cost slashing The government will find ways to slash the costs of the Mass Rapid Transit 3 project, cutting it down by RM5 billion. The Prime Minister said the project was estimated to cost around the RM50 billion mark and his administration aims to get it down to RM45 billion. The savings from the cost-cutting will be redirected to the people. Other key takeaways include: Electrical tariffs are maintained for domestic use (yeah, EVs!) Expansion & enhancements for Penang International Airport & Sultan Abdul Aziz Shah Airport (Subang Airport) DRB Hicom to assist in Technical and vocational education and training (TVET) graduates in the automotive cluster of Pekan, Pahang Road upgrades to boost the tourism industry in Melaka, Johor & more RM64 billion worth of subsidies, assistance & incentives (no detailed breakdown yet) Infrastructure upgrades in Sabah (RM6.5 billion) and Sarawak (RM5.6 billion) Monthly My50 passes from 180,000 users for rails & buses under Prasarana ✕ 使用 WhatsApp 联系 我们依据 PDPA 保护您的个人信息。 我同意 Carlist.my 的使用条款和隐私政策 我同意接收来自 Carlist.my 及其汽车销售商、业务附属机构和合作伙伴的个性化通信。 查看最佳汽车优惠! Prev Next 特价 - 马上拨电！ 天 小时 平均市场价格 为什么没有价格？ 有时经销商希望您以最优惠的价格联系。 I 为什么没有价格？ 有时经销商希望您以最优惠的价格联系。 相关标签 2023 Budget Anwar Ibrahim 2023 Malaysian auto industry 打印 Adam Aubrey Content Producer Wants to live the simple life, especially when it comes to cars and bikes. That's what tech is for he reckons, to make motoring simpler 相关文章 Diesel smuggling is real and here is a great example of the syndicate working 所有资讯 Adam Aubrey | February 28日, 2023 Myanmar nationals were arrested after being suspected of embezzling 8,000 litres of diesel worth RM124,200.When Prime Minister Dato' Seri Anwar ... 2023 Budget: New EV incentives needed to help industry grow even further, says Proton deputy CEO 所有资讯 Adam Aubrey | February 16日, 2023 The 2023 budget, which is set to be tabled next week, needs to come with new incentives to help the growth of Malaysia's electric vehicle Industry, ... Diesel is pricier now but govt still spending about RM7 billion in subsidies 所有资讯 Jim Kem | June 18日, 2024 Despite the price of diesel increasing by RM1.20 at the pumps, there’s still plenty subsidisation ongoing as Prime Minister Datuk Seri Anwar Ibrahim ... Anwar: “How much cheaper can we go?” - Expect fuel price hike in Malaysia, subsidy reform soon 所有资讯 Mersita Wasli | October 04日, 2023 Malaysia’s fuel prices are too low compared to oil-rich Saudi Arabia’s hence spending more for fuel subsidy is deemed unfeasible, said Prime Minister ... 留言
2023 Budget - Key takeaways for the auto sector 所有资讯 Adam Aubrey | February 24日, 2023 07:00 PM Prime Minister and Finance Minister Anwar Ibrahim has re-tabled the 2023 Budget today at the Dewan Rakyat, and the largest budget on record at RM386.1b has some pretty interesting auto and transport-related points. As we know, there has been a lot of chatter about the local EV industry recently, but surprisingly, nothing was said about the sector during the budget tabling. Instead, a lot of effort has been put into public transport, road improvements, and vehicle licenses. Road improvements The government is also concerned about the high amounts of accidents occurring on local roads which is why they will put aside more than RM2.7 billion to fix and upgrade federal and state roads. RM50 million has also been reserved to upgrade the lighting in accident-prone areas around the country. Absorbing license test costs Putrajaya will absorb the cost of taxi, bus, and e-hailing licence test fees. They will also sponsor tests for those who wish to take the B2 motorcycle license, which is basically tests for the below 250 cc category. This seems like a move to help promote the e-hailing and p-hailing industry as well as public transport. MRT3 cost slashing The government will find ways to slash the costs of the Mass Rapid Transit 3 project, cutting it down by RM5 billion. The Prime Minister said the project was estimated to cost around the RM50 billion mark and his administration aims to get it down to RM45 billion. The savings from the cost-cutting will be redirected to the people. Other key takeaways include: Electrical tariffs are maintained for domestic use (yeah, EVs!) Expansion & enhancements for Penang International Airport & Sultan Abdul Aziz Shah Airport (Subang Airport) DRB Hicom to assist in Technical and vocational education and training (TVET) graduates in the automotive cluster of Pekan, Pahang Road upgrades to boost the tourism industry in Melaka, Johor & more RM64 billion worth of subsidies, assistance & incentives (no detailed breakdown yet) Infrastructure upgrades in Sabah (RM6.5 billion) and Sarawak (RM5.6 billion) Monthly My50 passes from 180,000 users for rails & buses under Prasarana ✕ 使用 WhatsApp 联系 我们依据 PDPA 保护您的个人信息。 我同意 Carlist.my 的使用条款和隐私政策 我同意接收来自 Carlist.my 及其汽车销售商、业务附属机构和合作伙伴的个性化通信。 查看最佳汽车优惠! Prev Next 特价 - 马上拨电！ 天 小时 平均市场价格 为什么没有价格？ 有时经销商希望您以最优惠的价格联系。 I 为什么没有价格？ 有时经销商希望您以最优惠的价格联系。 相关标签 2023 Budget Anwar Ibrahim 2023 Malaysian auto industry
Diesel smuggling is real and here is a great example of the syndicate working 所有资讯 Adam Aubrey | February 28日, 2023 Myanmar nationals were arrested after being suspected of embezzling 8,000 litres of diesel worth RM124,200.When Prime Minister Dato' Seri Anwar ...
2023 Budget: New EV incentives needed to help industry grow even further, says Proton deputy CEO 所有资讯 Adam Aubrey | February 16日, 2023 The 2023 budget, which is set to be tabled next week, needs to come with new incentives to help the growth of Malaysia's electric vehicle Industry, ...
Diesel is pricier now but govt still spending about RM7 billion in subsidies 所有资讯 Jim Kem | June 18日, 2024 Despite the price of diesel increasing by RM1.20 at the pumps, there’s still plenty subsidisation ongoing as Prime Minister Datuk Seri Anwar Ibrahim ...
Anwar: “How much cheaper can we go?” - Expect fuel price hike in Malaysia, subsidy reform soon 所有资讯 Mersita Wasli | October 04日, 2023 Malaysia’s fuel prices are too low compared to oil-rich Saudi Arabia’s hence spending more for fuel subsidy is deemed unfeasible, said Prime Minister ...