Timing perception is a fundamental cognitive function that allows organisms to navigate their environment effectively, encompassing both prospective and retrospective timing. Despite significant advancements in understanding how the brain processes temporal information, the neural mechanisms underlying these two forms of timing remain largely unexplored. In this study, it aims to bridge this knowledge gap by elucidating the functional roles of various neuronal populations in the striatum and prefrontal cortex (PFC) in shaping subjective experiences of time. Utilizing a large-scale electrode array, it recorded responses from over 3000 neurons in the striatum and PFC of macaque monkeys during timing tasks. The analysis classified neurons into distinct groups and revealed that retrospective and prospective timings are governed by separate neural processes. Specifically, this study demonstrates that medium spiny neurons (MSNs) in the striatum play a crucial role in facilitating these timing processes. Through cell-type-specific manipulation, it identified D2-MSNs as the primary contributors to both forms of timing. Additionally, the findings indicate that effective processing of timing requires coordination between the PFC and the striatum. In summary, this study advances the understanding of the neural foundations of timing perception and highlights its behavioral implications.