Diesel subsidy rationalisation shows M'sia's economic reform commitment - dons

The implementation of the diesel subsidy rationalisation starting today is seen as a clear signal to investors and international bodies that Malaysia is serious about economic reform and more efficient resource allocation, experts said.

Nur Hairani Abd Rahman, senior lecturer at the Faculty of Business and Economics, Universiti Malaya, described the government’s decision as an important step no previous leader had dared to take, given its sensitivity.

She said this bold move...