Saturday, October 11, 2025

Malaysia Finances 2026 dwell updates (auto/transport)


Malaysia Finances 2026 dwell updates (auto/transport)

Malaysia’s Finances 2026 is now being tabled (October 10, 4pm) by finance minister and prime minister Datuk Seri Anwar Ibrahim. As with prior editionswe shall be posting dwell updates on issues associated to the automotive and transport sector right here – preserve refreshing this web page.

Langkawi, Labuan duty-free autos can not exceed RM300,000 in worth come January 1, 2026

  • Luxurious automobile homeowners benefiting from automobile tax exemptions in Langkawi and Labuan
  • To deal with this leakage, the federal government is proposing that automobile tax exemptions in Langkawi and Labuan be restricted to automobile values not exceeding RM300,000 come January 1, 2026.
  • Full story right here

‘Lemon regulation’ components to be in Shopper Safety Act

  • Following the enactment of the Shopper Credit score Act, the federal government will amend the Shopper Safety Act to incorporate ‘lemon regulation‘ components to guard shoppers’ rights.
  • Full story right here

Sabah, Sarawak freeway initiatives

  • 9 Pan Borneo Sarawak packages totally accomplished and open to the general public.
  • 4 Pan Borneo Sabah Part 1A packages have been accomplished. RM1.67 billion offered for in 2026 for Pan Borneo Sabah to be applied based on schedule.
  • Sarawak-Sabah Hyperlink Highway (SSLR) Part 1 anticipated to be accomplished in November 2026; SSLR 2 at present underneath development, anticipated to be accomplished in mid-2029.
  • The Trans Borneo Freeway (LTB) venture completes the street connection between Sabah and Sarawak. The Letter of Award (LOA) shall be issued as early as the primary quarter of 2026.
  • The federal government will improve the present street pavement construction for the crimson line alignment within the Durin and Salim sections, Sibu, Sarawak at a value of RM350 million.
  • Total, all these public infrastructure initiatives contain a value of RM48 billion.
  • Full story right here

Flood mitigation

RM2.2 billion to proceed implementing 43 high-priority Flood Mitigation Plan (RTB) initiatives based on schedule, together with 12 new RTBs that shall be applied subsequent yr, together with:

  • RTB Sungai Mengkibol, Kluang Mukim, Kluang, Johor
  • RTB Sungai Chaah, Segamat, Johor
  • RTB Sungai Temin/Brick, Kubang Pasu, Kedah
  • RTB Sungai Lenggeng, Seremban, Negeri Sembilan
  • RTB River Gemencheh, Tampin, Negeri Sembilan
  • RTB Sungai Jimah Part 2, Port Dickson, Negeri Sembilan
  • RTB River Si Deer, Port Dickson, Negeri Sembilan
  • RTB River Nyiur, North Seberang Perai, Penang
  • RTB Sungai Trong, Larut, Matang and Selamat, Perak
  • RTB Sungai Buloh Part 2, Selangor
  • RTB Sungai Crocodile, Kuala Nerus, Terengganu
  • RTB Kids’s Sungai Ibai, Kuala Terengganu, Terengganu

On the similar time, different preventive works are additionally being carried out to keep away from disasters:

  • Greater than RM260 million to forestall, preserve and restore slopes nationwide together with federal roads.
  • RM55 million to scrub and improve drains and ditches in all PBTs.
  • Full story right here

Deepavali: 50% toll low cost for 2 days

Public transport

  • RTS Hyperlink Mission to start operations by January 1, 2027, able to transporting 10,000 passengers per hour per course throughout peak hours.
  • Transit buses at a value of almost RM200 million, together with including new routes and extra buses in Johor Bahru to accommodate the wants of the upcoming RTS service.
  • Free MyRailLife passes for KTM Komuter and Shuttle DMU prepare providers for the disabled neighborhood, all schoolchildren, and shall be prolonged to all youngsters underneath 6 years outdated.
  • ETS started working to Kluang Station final August, whereas the ultimate section to Johor Bahru Sentral anticipated to be accomplished by the top of 2025.
  • LRT3 is predicted to be operational by the top of 2025, connecting Bandar Utama, Damansara to Johan Setia, Klang, able to carrying greater than 6,200 passengers per hour in every course.
  • ECRL Part 1 Kota Bharu-Gombak is predicted to be accomplished by the top of 2026. This can cut back the journey time from Kelantan to the Klang Valley to 4 hours.
  • Upgrading of Electrical Double Monitor Railway in Klang Valley Part 2 is predicted to be totally accomplished 2029. This can join Bandar Tasik Selatan to Seremban and Simpang Pelabuhan Klang to Port Klang with a development price of RM4.1 billion.
  • The effectivity of the Kelana Jaya Line LRT is elevated via the substitute of 26 new prepare items at a value of RM1 billion by Prasarana.
  • The Mutiara Line LRT begins implementation which can profit 1.8 million residents along with 3.5 million international guests to Penang.
  • 310 new buses shall be acquired by February 2026 to extend the frequency of bus providers within the focus areas.
  • 300 vans for the Demand Responsive Transit (DRT) program shall be totally operational by the top of this yr, rising middleman van providers for first- and last-mile entry to shoppers
  • 1,450 electrical buses and 300 electrical vans shall be acquired in phases till 2030 as a part of the shift to low-carbon inexperienced transportation.

SOCSO (Perkeso) for e-hailing, supply and freelance employees

  • RM200 million for SOCSO contributions masking e-hailing, supply and freelance employees.
  • Platform operators should co-contribute 10 % towards insurance coverage and retirement financial savings
  • SOCSO Well being Screening Programme to be expanded to public transport and items drivers.
  • Full story right here

Velocity limiters for heavy autos

  • To help in velocity restrict enforcement, the federal government proposes that the price of buying velocity limiters for heavy autos be given Accelerated Capital Allowance to be claimed inside one yr.

Highway upkeep

  • RM2.5 billion for the upkeep of federal highways together with paving potholes, putting in avenue lights in dangerous areas and changing street furnishings. RM700 million is reserved for G1-G4 contractors.
  • RM5.6 billion from MARRIS to states to take care of state roads nationwide.
  • RM30 million to strengthen the position of District Engineers to expedite minor restore works in districts together with citizen complaints by way of the MYJalan software.
  • The Malaysian Freeway Authority will set up 3,000 items of LED lights at a number of freeway hotspots which might be liable to accidents.
  • Full story right here

‘Money for clunkers’ scheme

  • Automobiles over 20 years outdated that aren’t economically viable are liable to compromising security. The federal government along with nationwide automobile producers will present an identical grant of as much as RM4,000 to encourage homeowners to get rid of outdated autos and buy new nationwide autos.

Trying to promote your automobile? Promote it with Automobile.


Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles