Date: December 18, 2024
As 2024 ends, Malaysia is gearing up for a transformative year in 2025. From economic policies to infrastructure developments, these upcoming changes promise to impact Malaysians across various aspects of life. Here’s a breakdown of the key highlights:
1. Economic Reforms
RON95 Subsidy Rationalisation
- A targeted subsidy system for RON95 petrol will roll out in mid-2025.
- 85% of Malaysians will continue to benefit from subsidies, while the top 15% will pay market prices.
- Subsidy eligibility will be managed via fleet cards, IC-based verification, or e-wallets.
- Economy Minister Rafizi Ramli calls this initiative a pivotal step for fiscal sustainability.
Minimum Wage Increase
- The national minimum wage will rise to RM1,700 starting February 1, 2025.
- Smaller companies with fewer than five employees will have until August 1, 2025, to implement the new wage.
2. Infrastructure and Transportation
LRT3 Shah Alam Line Launch
- The LRT3 project connecting Bandar Utama to Klang will commence operations on March 1, 2025.
- With a cost of RM16 billion, this line is expected to benefit 2 million residents in Selangor.
KL Sentral Redevelopment
- Malaysia’s iconic transport hub will undergo a RM1 billion makeover starting next year.
- Upgrades aim to modernize facilities and enhance commuter convenience.
3. Green and Digital Innovations
Proton and Perodua EV Launches
- Proton and Perodua will debut their first electric vehicles (EVs):
- Proton Emas 7: Priced at RM120,000.
- Perodua eMO-II: Offering a 400km range for under RM90,000.
- These models aim to make eco-friendly transportation accessible for more Malaysians.
MyDigital ID Platform
- A unified digital ID system will streamline access to government services starting early 2025.
- This initiative supports Malaysia’s commitment to digital transformation.
4. Regional and National Priorities
Malaysia’s ASEAN Chairmanship
- Malaysia will chair ASEAN in 2025, prioritizing regional stability and economic prosperity.
- Kuala Lumpur will host key ASEAN events, including efforts to integrate Timor-Leste as a new member.
National Service 3.0
- The revamped National Service Training Programme (PLKN) will return in January 2025.
- Focus areas include patriotism, resilience, and life skills.
- A pilot project will begin at two military camps in Kuala Lumpur and Pahang, with nationwide expansion by June 2026.
5. Lifestyle and Entertainment
Concert Boom in 2025
- Malaysia’s live music scene is set to thrive, with international acts like Maroon 5 and Green Day expected to perform.
Social Media Licensing
- Starting January, social media platforms must register with the Malaysian Communications and Multimedia Commission (MCMC).
- These regulations aim to enhance child safety and combat online crimes.
Why 2025 Matters
From better wages to improved infrastructure, eco-friendly transportation, and digital accessibility, 2025 is shaping up to be a pivotal year for Malaysians. With these changes on the horizon, the nation is set for a more sustainable and connected future.
For further details, visit the original article on Malay Mail.