SHAH ALAM (July 13): A total of RM413.
KUALA LUMPUR (July 8): The moratorium on loan repayments by financial institutions, which took effect on April 1 as part of the PRIHATIN Rakyat Economic Stimulus Package (PRIHATIN), is estimated to be worth RM51.
KUALA LUMPUR (May 18): The Yang di-Pertuan Agong Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah (pictured) said the government needs to look for ways to help companies and businesses affected by the Covid-19 pandemic.
KUALA LUMPUR (March 31): The Malaysian International Chamber of Commerce and Industry (MICCI) says the Prihatin Rakyat Economic Stimulus Package is imbalanced between the support to employees and employers.
Facing halted ops under MCO, manufacturers seek higher wage subsidy, EPF exemption and income tax waiver
KUALA LUMPUR (March 30): With many businesses having grounded to a halt during the Movement Control Order period, Malaysian manufacturers are appealing to the government to double its wage subsidy scheme to RM12 billion from RM5.
KUALA LUMPUR (March 30): Malaysia small and medium enterprises (SMEs) said today they expect no cash inflow for at least three months due to the nation’s ongoing movement control order (MCO) to curb the spread of the COVID-19 pandemic.
KUALA LUMPUR (March 30): The government’s second economic stimulus package is expected to widen its fiscal deficit this year to 4% of the gross domestic product (GDP).
KUALA LUMPUR (March 27): The Malaysian Hotel Association (MAH) in response to the Prihatin Economic Stimulus Package announced today said the hotel industry “needs a little bit more help”, as it disclosed that as of now, 2,041 hotel employees in the country have already been laid off due to economic pressures and the extended movement control order (MCO) in light of the COVID-19 pandemic.
KUALA LUMPUR (March 25): Prime Minister Tan Sri Muhyiddin Yassin (pictured) said he will be announcing a more comprehensive economic stimulus package this Friday (March 27), to assist Malaysians during these trying times.