Govt unveils RM15b PERMAI stimulus package for MCO 2.0

KUALA LUMPUR (Jan 18): The government has unveiled PERMAI, its fifth economic stimulus package to date, worth RM15 billion spread over 22 initiatives aimed at combating the Covid-19 outbreak, safeguarding the welfare of the people and supporting business continuity following the implementation of the second movement control order (MCO 2.

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Hoteliers say tourism sector "neglected again" in Permai aid package

KUALA LUMPUR (Jan 18): Local hoteliers say the RM15 billion Perlindungan Ekonomi dan Rakyat Malaysia (Permai) assistance package, which was just announced by Prime Minister Tan Sri Muhyiddin Yassin, falls short of expectation as the tourism industry continues to grapple with struggling businesses amid the on-going Covid-19 pandemic and recently imposed Movement Control Order (MCO 2.

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