Kuala Lumpur, 23 July 2025 — The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) welcomed the Prime Minister’s announcement of several initiatives to support Malaysians amidst rising living costs.

Among the measures are:

  • one-off RM100 cash aid for all Malaysians aged 18 and above under the Sumbangan Asas Rahmah (SARA) initiative,
  • freeze on toll hikes, and
  • Rahmah MADANI sales to promote affordable essential goods.

ACCCIM also commended the move to reduce the price of RON95 petrol to RM1.99 per litre, once the targeted fuel subsidy mechanism comes into effect in September. This reduction of RM0.06 per litre is expected to benefit around 18 million car and motorcycle users.

“We hope the targeted subsidy mechanism will be easy to implement and accessible to those who need it,” said ACCCIM.

On the special public holiday declared for 15 September 2025 in conjunction with the Malaysia Day celebration, ACCCIM noted that while it could encourage more domestic tourism during the long weekend, it may also lead to higher labour costs and contribute to the rising cost of doing business.

Looking ahead, ACCCIM expressed anticipation for the tabling of the 13th Malaysia Plan on 31 July and the 2026 National Budget on 10 October 2025. The chamber hopes these milestones will focus on:

  • Ensuring continuity in national development,
  • Sustaining economic resilience,
  • Attracting high-quality investment, and
  • Avoiding new taxes or policy changes that may further burden businesses already facing multiple cost increases.

Malaysia must continue to maintain pro-investment and business-friendly policies to attract and retain both domestic and foreign investments, fostering economic growth, the chamber expressed,