BNM boosts SMEs' access to finance, relaxes rules on insurers
KUALA LUMPUR (March 27): Bank Negara Malaysia (BNM) is increasing the allocation of financing facilities under its Fund for SMEs by an additional RM4 billion to RM13.
Man fined RM2,000 for spreading fake news on WhatsApp
MELAKA (March 27): For spreading fake news about the COVID-19 on WhatsApp, a senior citizen was left RM2,000 poorer when he was fined by the Magistrate's Court in Ayer Keroh here.
COVID-19 stimulus package: Govt to focus on domestic investment activities
KUALA LUMPUR (March 27): The government will be focusing on domestic investment activities that have high multiplier effects and can create jobs, said Prime Minister Tan Sri Muhyiddin Yassin in a speech today.
Malaysia reports 130 new COVID-19 cases and 3 more deaths
KUALA LUMPUR (March 27): 130 new Covid-19 cases have been reported in the country as of noon today, bringing the number of positive cases in Malaysia to 2,161 — the fifth highest in Asia.
COVID-19: Airbnb to offer free or subsidised housing to 100,000 relief workers
KUALA LUMPUR (March 27): Airbnb will provide free or subsidised housing for up to 100,000 relief workers in light of the COVID-19 pandemic, AFP reported today.
Putrajaya allocates RM1b more to MoH to combat COVID-19
KUALA LUMPUR (March 27): Malaysia is setting aside RM1 billion more from its economic stimulus package announced today for its Health Ministry to procure more medical equipment as well as healthcare services from the private sector to combat the coronavirus pandemic.
Selangor not 'fully locked down', says police
PETALING JAYA (March 27): North Klang OCPD Asst Comm Nurulhuda Salleh denied the viral message saying that Selangor is in “Enhanced Movement Control (EMC)”.
Govt moves to lighten three employer commitments to ease business cash flow
KUALA LUMPUR (March 27): Prime Minister Tan Sri Muhyiddin Yassin has announced measures that will lighten three commitments that employers face to address the cash flow constraint that is weighing on businesses that have been affected by the COVID-19 outbreak.
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.
Govt to part-subsidise salary of affected businesses, with conditions
KUALA LUMPUR (March 27): The government will subsidise RM600 for each worker earning below RM4,000 for three months, applicable to companies whose income has halved since January, said Prime Minister Tan Sri Muhyiddin Yassin.
