Are shoplots losing their charm?
Having enjoyed waiting queues, the restaurant soon expanded its capacity to another level upstairs to accommodate demand.
No free lunch in loan moratorium
Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz in June 2021 announced a six-month loan moratorium under the RM150 billion PEMULIH stimulus package.
EPF: Applications for i-Citra withdrawal accepted from July 12
KUALA LUMPUR (July 11): The Employees Provident Fund (EPF) said members below 55 years old may apply for the i-Citra withdrawal starting Monday July 12, three days earlier than previously scheduled.
Banks have started taking applications for loan moratorium opt-ins
KUALA LUMPUR (July 7): Banks have started taking applications for the six-month loan moratorium today.
Economists view PEMULIH as lockdown stabiliser rather than recovery catalyst
KUALA LUMPUR (June 29): The RM150 billion PEMULIH stimulus package will only provide a temporary stabiliser to the economy, while the prescription for recovery is still lacking, opined CGS-CIMB economists Michelle Chia and Lim Yee Ping.
FMM: PEMULIH is timely for businesses to survive
PETALING JAYA (June 29): The six-month loan moratorium and the enhancement of the Wage Subsidy Programme (WSP) under the National People’s Well-being and Economic Recovery package (PEMULIH) are timely measures for the survival of businesses during lockdown, said the Federation of Malaysian Manufacturers (FMM).
CME: Blanket moratorium may be harmful to the economy
PETALING JAYA (June 28): Although the newly announced six-month blanket loan moratorium might be able to temporarily help wage earners to alleviate their financial burden, a more sustainable long-term economic plan is crucial for the country’s recovery, said economists.
REHDA: Loan moratorium helps but govt needs to heed other issues too
PETALING JAYA (June 28): The newly announced blanket loan moratorium is beneficial in helping to alleviate individuals’ financial burdens due to the prolonged lockdown, said Real Estate & Housing Developers’ Association Malaysia (REHDA) president Datuk Soam Heng Choon.
Highlights of the National People’s Well-being and Economic Recovery Package
These are the key takeaways of the National People’s Well-Being and Economic Recovery Package (PEMULIH) announced by Prime Minister Tan Sri Muhyiddin Yassin.
