Woah Woah, targeted fuel subsidy in Malaysia? Time to find out which companies that could benefit! On 28 Feb, Malaysian Deputy Finance Minister Ahmad Maslan signalled that the government is mulling over targeted fuel subsidies that could exclude the rich from receiving them. He said in parliament that billions could be saved if there is a targeted fuel subsidies mechanism, with the savings chanelled to other more needy groups. This is the problem in Malaysia currently. The Malaysian government spent about RM50.8 billion in fuel subsidies and RM17 billion (35% of total fuel subsidy) actually goes to the Top 20% income group. Meanwhile, the Bottom 40% income group only accounts for about RM12.2 billion or 24% of the total fuel subsidy. ———- Here’s what the real scenario will happen if it takes place: In a late evening in a petrol station in Kuala Lumpur, Ali is pumping his petrol into his small Yamaha motorbike. His full tank is about RM12, and he feels happy paying...