BNM announces enhancements to Covid-19 facilities for SMEs

KUALA LUMPUR (July 3): Bank Negara Malaysia has allocated another RM2 billion for the Targeted Relief and Recovery Facility (TRRF) to provide relief for those in the services sector, bringing the total allocation for the facility to RM6 billion, as part of a list of enhancements to the Central Bank’s initiatives for SMEs.

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MEF: EMCO could have been better planned

KUALA LUMPUR (July 2): The imposition of the enhanced movement control order (EMCO) in most parts of Selangor and Kuala Lumpur could have been better planned considering that they are highly populated areas and contribute 40% to national gross domestic product (GDP), said the Malaysian Employers Federation (MEF).

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