ENZHMS
Link Copiedcheck_circle
Auto News

What Budget 2023 Has in Store For Commuters

Jesica Sendai

Share via


Malaysian Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz


In conjunction with Budget 2023 to be laid tomorrow, Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz will table the national finance blueprint for 2023 edition at 4 p.m. on October 7.

President of the Malaysian Public Transport Users Association (4PAM), Ajit Johl has stated his hopes for the upcoming Budget 2023 should incorporate more initiatives to encourage people on using public transportation or at least change their perception on prioritising public transportation instead of making it the last option.

More to that, the Malaysian government must imply walkways and paths leading to public transportation stations are well-lit, secure, and have improved 24-hour surveillance.

Ajit added that 4PAM wishes the government would continue to encourage the local ride-sharing industry with additional incentives or fuel subsidy as it had become a viable last-mile solution on top of creating a fair alternative towards public transportation users.

The government should consider lowering the import duty on ride-sharing vehicles, allowing drivers to purchase better and reliable vehicles.

Bernama reported that 4PAM urged the government to set up a Public Transport Review Committee to review tariff hikes regulations and ensure that public transport is not monopolised and is sustainable for the operators.

“4PAM also would like to propose the creation of a Public Transport Tribunal to ensure users have a transparent recourse that is effective, efficient and user-friendly,” Ajit told Bernama. 

The President of Gabungan Teksi Malaysia, Kamaruddin Hussain has petitioned to allocate special assistance of RM500 being distributed towards its members across the country.

This is to help our fellow members who consist of the rental car, taxi and e-hailing drivers coming from low-income backgrounds who are affected by MCO including the current economic issue such as soaring price of goods.

Universiti Teknologi MARA’s (UiTM) Faculty of Communication and Media Studies senior lecturer Shahnon Mohamed Salleh told theStar that there were several key observations for Budget 2023, including that the economic forecast and global outlook for 2023 would generally be gloomy.

He expected the government to also address rising subsidies, the value of the ringgit and the cost of living.

Dewan Rakyat Speaker Tan Sri Azhar Azizan Harun estimates that it will take a maximum of 33 days to debate Budget 2023.

Stay tuned with Caricarz to follow more updates.

Share This Article

Written By

Jesica Sendai

from 9 to 5 grinder to 'racing' her way in the automotive industry through editorial work.

Share via

JPJ Running Numbers

KUALA LUMPUR

VQS5204

SELANGOR

BSN7631

JOHOR

JYU1405

PULAU PINANG

PSB1295

PERAK

APG3874

PAHANG

CFG569

KEDAH

KGF514

NEGERI SEMBILAN

NEJ9258

KOTA KINABALU

SJR1924

KUCHING

QAB4971N

Last updated 04 Apr, 2026

Fuel Price

Petrol

RON 95

RM 2.59

+0.05

RON 97

RM 3.15

+0.05

RON 100

RM 5.00

VPR

RM 6.23

Diesel

EURO 5 B10

RM 3.04

+0.05

EURO 5 B7

RM 3.24

+0.05

Last updated 26 Feb, 2026

Related News

Auto News

Final 24 Hours: 3 Things You Must Do Before the BUDI95 Quota Drops to 200L Tomorrow

Midnight Deadline: The BUDI95 quota drops to 200L in less than 24 hours. See the 3 vital steps every driver must take today to avoid a massive price shock at the pump tomorrow.

30-03-2026
Auto News

Kenanga IB Downgrades Auto Sector - Subsidies, Speculation & Stagnation

Kenanga IB downgrades Malaysia’s auto sector outlook to neutral as market uncertainty deepens.

Auto News

No Hidden Tax Applied To RON97 & Diesel Pricing

Finance minister clarifies that there is no hidden tax in RON97 and Diesel fuel pricing

Auto News

Fuel Prices Stagnant From 21 To 27 Nov 2024

MoF has announced the retail prices of all fuels in Malaysia, for the coming week of 21 to 27 Nov, 2024.

Auto News

‘T15’ Classification Set To Account Locality, Disposable Income

The Economy Minister stated that the T15 definition will take into account many factors including locality and disposable income.

Auto News

RM1.2 Million In Subsidised Diesel Smuggled Out Of Malaysian Borders

JPJ is ramping up operations as almost RM1.2 Million in subsidised fuel is being smuggled out of the country.

Auto News

Anwar: Fuel Subsidies Would Be Cut At The “Right Time”

PM Anwar tells Bloomberg that fuel subsidies would be cut at the right time in order for the government to control debt.

Auto News

RHB Research Predicts Fuel Subsidy Impact And Charged EV Competition

RHB Research anticipates the impacts of the fuel price rationalisation, as well as charged EV market competition.

Latest News

Auto News

Tough Times, But Everyone Still Wants a Saga: Sales Jump 38% Despite a Slow Market

Proton Saga defies the 2026 market slump with a 38% sales surge! Discover the new 1.5L engine, Level 1 ADAS, and tech upgrades making it Malaysia’s top choice.

03-04-2026
Auto News

Malaysia Is Angry… But The World Is Already in Energy Crisis

Malaysia is cutting the BUDI95 quota to 200L. While we argue over liters, the world is in "Energy Survival Mode." Is an EV your secret to beating the 2026 crisis?

03-04-2026
Auto News

GWM Malaysia Eyes Top 10 Spot by 2028: 6 New Models to Launch, Led by Tank 300 HEV

GWM Malaysia targets Top 10 status by 2028, launching 6 new SUVs starting with the Tank 300 HEV.

02-04-2026
Auto News

Why Your Next Group Trip Costs 80% More: Diesel Hits Historic RM6.02 (April 2-8)

Malaysia's tour bus and van rates jump 80% as diesel hits a historic high.

01-04-2026
Auto News

Bye-Bye RM1.99? Why Your Petrol Subsidy is Now a 'Timed' Reality

Will RON95 hit RM2.87? SERC warns of a "timed reality" for Malaysia's petrol subsidies. Break down the RM4 billion subsidy bill and what the 200L quota cut means for you.

01-04-2026
Auto News

MITI Breaks Silence: The Truth Behind the '80% Export' Ultimatum

MITI breaks its silence on the viral BYD "80% export" rumors. From the RM100k EV price floor to the truth behind the BYD Shark "ban," here is the official clarification on Malaysia's automotive future.

31-03-2026
Auto News

DUI Offenders Face Direct Compensation to Families Under New Law

Transport Minister Anthony Loke confirms new amendments to Act 333 for DUI offenders.

31-03-2026
Auto News

7 Years of Peace of Mind: Why the Saga MC3’s New Warranty is a "Must-Have" Add-On

Proton's new RM1,200 extended warranty for the Saga MC3 offers 7 years of cover. We decode the costs, the 1.5L i-GT engine risks, and the resale value hacks.

30-03-2026

Show More

trending_flat
About Us

CarzAutoMedia: Stay connected to the latest car news! Get instant updates on new releases, industry trends, and automotive innovations. Your go-to source for 24/7 coverage of everything automotive.

© 2026 CariCarz.com. All Rights Reserved.