Budget 2026: MY50 And Other Transport Subsidies To Continue Despite No Mention

Budget 2026

Samuel Chua

13th October 2025 - 2 min read

The government will continue providing public transport subsidies, including the My50 Pass, FLYsiswa, and the festive season airfare cap, even though they were not specifically mentioned in Budget 2026, said Transport Minister Anthony Loke Siew Fook.

He confirmed that these ongoing initiatives will continue to receive funding from the Ministry of Finance, ensuring that Malaysians can still benefit from affordable and accessible transport options.

“All the initiatives we have implemented over the past two to three years will continue to receive allocations from the Finance Ministry,” Loke said.

My50 Pass Offers Unlimited Public Transport Access

The My50 Pass allows Malaysians to enjoy 30 days of unlimited rides on LRT, MRT, and bus services in the Klang Valley. The pass remains one of the most widely used transport subsidies, helping commuters manage daily travel costs while promoting greater use of public transport.

FLYsiswa Supports University Students

Under the FLYsiswa programme, eligible public university students receive flight vouchers to travel between Peninsular Malaysia and Sabah or Sarawak. The initiative aims to ease travel costs for students returning home during semester breaks or festive seasons.

Festive Season Airfare Cap Maintains Affordable Travel

The festive season airfare cap sets maximum fares for economy-class, one-way flights between Peninsular Malaysia and East Malaysia during major festive periods. The cap helps prevent fare spikes during high-demand seasons, ensuring that air travel remains within reach for families across the country.

Although the subsidies were not highlighted in the federal budget, Loke noted that several key transport-related measures were introduced under Budget 2026.

Among them is a proposal to grant accelerated capital allowances for the purchase of speed limiters in heavy vehicles. The move allows transport companies to claim the full cost within one year, encouraging faster adoption of safety technology in commercial fleets.

Vehicle Scrappage Incentive For Older Cars

The government also announced a vehicle scrappage scheme in collaboration with national carmakers. Under the plan, owners who scrap vehicles over 20 years old will receive matching grants of up to RM4,000 to help them purchase new vehicles.

The initiative aims to promote road safety, reduce emissions, and support local automotive manufacturers while providing financial assistance to vehicle owners upgrading to newer models.

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