The government has agreed to provide diesel subsidies to ferry, passenger boat, and roll-on roll-off (roro) ferry operators on the main islands starting Jan 1.
Transport Minister Anthony Loke said around 40 operators are expected to benefit.
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Transport Minister Anthony Loke said around 40 operators are expected to benefit.
Read more at https://tinyurl.com/2j6hdmus
WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline
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NewsTranscript
00:00It is stated that the government will provide diesel subsidies to ferry and passenger boats
00:08and ferry services in the main islands of Malaysia,
00:12starting January 1, 2025,
00:16with the first request to be made by the involved companies
00:21on or before February 20, 2025.
00:25The price of diesel ceiling subsidies for ferry or passenger boats
00:29and ferry services in the main islands
00:33is set at RM2.50 per litre
00:36with a maximum subsidy rate of 5% per litre.
00:40This diesel subsidy will be provided
00:43through ferry or passenger boats
00:47and ferry services such as
00:49Labuan Governorate,
00:52Langkawi Island,
00:53Pangko Island,
00:55Ketam Island,
00:56Tioman Island,
00:58Purau Redang,
00:59and Pulau Pinang.
01:02This subsidy is in line with the government's efforts
01:07to ensure the continuity and effectiveness
01:10of public transport services.
01:14This subsidy is expected to have a positive impact
01:16on ferry and passenger boats
01:19and ferry services
01:20by reducing the burden of operating costs,
01:22especially those involving the cost of fuel.
01:25The requirements for the request for diesel subsidies are as follows.
01:29Employees who are eligible need to comply with the requirements
01:32to provide them with a diesel subsidy.
01:35Among them,
01:36employees, ferries and passenger boats and ferry services
01:39must register with the Malaysian Maritime Authority
01:41and obtain diesel supplies from banks or skid tanks
01:45provided by the authorities.
01:47Second,
01:48employees and ferry services
01:51who are eligible need to submit a request for a diesel subsidy
01:54to the Ministry of Domestic Trade
01:57and the Ministry of Social Welfare.
02:01Third,
02:02the request for a diesel subsidy must be made monthly
02:05based on the schedule set by the Ministry of Finance
02:09every month
02:10and must include a request document
02:12submitted by the Malaysian Maritime Authority
02:14to the Ministry of Finance
02:15and a copy to the nearest customs station
02:19for the verification process
02:21not more than 20 days for the next month.
02:25The Ministry of Transport also wants to emphasize
02:28that although this diesel subsidy is intended
02:30to reduce the operating costs of ferry operators,
02:33it is a responsibility
02:35for the operators to ensure that the cost of services
02:38and aspects of ferry safety are improved
02:40in an effort to ensure more efficient services
02:43and competitive power to users.
02:51For more UN videos visit www.un.org