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News by Emir Zainul

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SMEs can now apply for working capital assistance of up to RM500,000, says BNM

02 December, 2020

The central bank said this will be under the Targeted Relief and Recovery Facility (TRRF) which is aimed at assisting eligible SMEs in the services sector, whose revenues have been affected by the recent enhanced and conditional movement control orders. 

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news

EMCO on Top Glove worker dormitories in Klang extended for two weeks to Dec 14

01 December, 2020

Senior Minister (Security) Datuk Seri Ismail Sabri Yaakob: The risk assessment by the Ministry of Health (MoH) found that the positive rate in this area is still high whereby there are still new positive cases detected among employees through the second screening tests.

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news

Automatic approval for extended moratorium on loan repayment for B40 and micro enterprises

26 November, 2020

As for those in the middle 40% income group (M40) seeking a reduction in monthly instalments, they would have to make a self-declaration with the banks, but can do so without documents.

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Berjaya Land narrows losses by 69.4% in 1Q, compared to previous quarter

24 November, 2020

On a year-on-year basis, however, Berjaya Land's 1QFY21 net loss came in more than six times higher compared with RM5.99 million in 1QFY20.

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Pasdec publicly reprimanded for failure to submit annual report in time

24 November, 2020

Pasdec failed to issue its annual report, including the annual audited financial statements together with the auditors' and directors' reports, for the financial year ended Dec 31, 2018 on or before April 30, 2019.

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Malaysia reports 852 new Covid-19 cases; total infections over 40,000

08 November, 2020

The four deaths were recorded in Sabah (2), Perak (1), and Kedah (1).

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Covid-19: Malaysia’s daily new cases stay above 1,000-level for fifth consecutive day

07 November, 2020

Sabah continues to lead with 616 cases, representing 52.7% of the total positive cases today, while the Klang Valley recorded 275 new cases.

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news

Ismail Sabri: CMCO in all states in Peninsular Malaysia except Perlis, Pahang, Kelantan until Dec 6

07 November, 2020

This means the ongoing CMCO in Selangor, Kuala Lumpur, and Putrajaya will be extended as well. The same goes for Labuan and Sabah.

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Malaysia's 2021 unemployment rate seen improving to 3.5%

06 November, 2020

“[Malaysia’s] labour market [is] showing signs of recovery,” the MoF said.

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Ceiling price for Covid-19 vaccine set at US$21 under COVAX

04 November, 2020

Putrajaya is in the final stages of negotiations to participate in COVAX. 

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