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Malaysia rolls out new rules affecting daily life

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malaymail-228848-lead.jpgPhoto courtesy of Firdaus Latif / Malay Mail

Malaysia has introduced a series of changes affecting banking, travel documents, household purchases, fuel subsidies and business administration, while further reforms covering road safety, cybercrime and bullying are moving through the legal system.

Some measures have already taken effect, while others remain proposed or are being implemented in stages. Eligibility varies, and several benefits are specifically tied to Malaysian citizenship or the MyKad identity card.

Banking, passports and household rebates

Since 1 July, customers using bank-owned MEPS or shared ATMs no longer pay the previous RM1 interbank withdrawal fee. Non-bank ATM operators may still impose charges.

Malaysian citizens who travel frequently can now choose a 10-year passport costing RM350. The document includes upgraded materials, biometric features and other security measures. Students under the Education and Higher Education ministries also have until 31 October 2026 to use their RM100 government book vouchers.

Eligible households buying selected four-star or five-star energy-efficient refrigerators or air-conditioners can receive a RM200 e-rebate under the NUR@PETRA 2026 programme. One rebate is available per electricity account for one qualifying appliance purchased from a registered retailer or participating online platform.

Fuel, vehicles and business services

The former Budi Diesel Individu cash assistance scheme has been replaced by Budi Madani Diesel. Eligible Malaysian motorists receive subsidised fuel at participating pumps after MyKad verification, while retaining the option to pay by cash, card or selected e-wallets.

Rules for fully imported electric vehicles also changed on 1 July. Such vehicles now face a minimum cost, insurance and freight value of RM200,000 and a motor power requirement of at least 180 kilowatts, following the expiry of earlier tax exemptions for completely built-up imports.

The Employees Provident Fund is moving more services online, although branches will continue handling withdrawals, consultations and matters requiring assistance. Certain Kuala Lumpur City Hall business licences may now be renewed for up to three years.

What it means for foreigners in Malaysia

Foreign residents should distinguish broadly available service changes from citizen-only benefits. Malaysian bank customers may benefit from the removal of the RM1 fee at bank-owned shared ATMs, but the 10-year passport and MyKad-based fuel subsidies are for Malaysians. Expatriate employers and business owners should check whether longer DBKL licence renewals apply to their activities. Drivers should also monitor proposed tougher traffic penalties, while everyone using Malaysian digital services will be affected by stronger enforcement against cybercrime, scams, identity theft and malicious AI-generated content.

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30 July 2026

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