TNG Digital, the operator of one of Malaysia’s most popular e-wallets, said it would become the first private employer in Malaysia to roll out such an initiative, which it added would reduce employees’ exposure to fuel price fluctuations.

In a statement, it said there would be no fixed quota under the initiative, which will apply to all employees across its subsidiaries, including contract staff and interns.

TNG Digital added that the scheme will be integrated into the Touch ‘n Go e-wallet app via the BUDI95 feature.

“Our responsibility as a company goes beyond building products for millions of Malaysians. It extends to taking care of the people who build those products every day,” said TNG Digital CEO Alan Ni.

The government will reduce the monthly BUDI95 quota from 300 litres to 200 from tomorrow onwards in light of the impact of the Middle East conflict.

Prime Minister Anwar Ibrahim said this was an interim measure but that the average usage under BUDI95 was only about 100 litres per month.

Thanks to the BUDI95 scheme, RON95 is still being sold at RM1.99 a litre to all Malaysians with a valid driving licence. The unsubsidised price is currently nearly double at RM3.87 per litre.