Over 2,000 hotel staff laid off, hotels need more help

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.

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RM10b one-off cash payout for M40 and B40

KUALA LUMPUR (March 27): Prime Minister Tan Sri Muhyiddin Yassin has announced one-off cash payout for the M40 and B40 groups totalling RM10 billion as part of a massive RM250 billion stimulus package to address the COVID-19 outbreak's impact on the economy.

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Landlord with a heart of gold: No need to pay rent for April

KUALA LUMPUR (March 27): Worried that his tenant might suffer from a loss of income owing to the extended movement control order (MCO), a kind-hearted landlord has given his tenant free rent for a month, according to a screenshot of the conversation posted by a Malay lady named "Siti Shabariya Sahlan" (the tenant) on Facebook on Wednesday, reported Sin Chew Daily.

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Consider tax rebates for SMEs including property management companies

PETALING JAYA (March 26): The government should consider giving tax waivers or rebates especially on Sales and Services Tax (SST) and corporate tax for small and medium sized businesses or SMEs as they will be among the hardest hit by the Movement Control Order (MCO) which is now extended a further two weeks to April 14, 2020 to stem the spread of the COVID-19 outbreak in Malaysia.

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