News about sia

KUALA LUMPUR (March 27): The federal government’s RM250 billion economic stimulus package to revive the domestic economy did not leave the micro business owners and hawkers behind.

KUALA LUMPUR (March 27): The updated COVID-19 economic stimulus package by the federal government “leaves no one behind”, said Prime Minister Tan Sri Muhyiddin Yassin, which includes, for the first time, a one-off financial aid for the middle income group (M40).

KUALA LUMPUR (March 27): In a bid to ensure food security during the Movement Control Order (MCO) period, the government has announced an RM1 billion allocation for the nation’s food security fund.

KUALA LUMPUR (March 27): Malaysia has been chosen by the World Health Organization (WHO) as one of the countries to participate in joint research to test the medicine for COVID-19, according to Health Ministry director-general Datuk Dr Noor Hisham Abdullah.

KUALA LUMPUR (March 27): Several measures were announced by the government that were targeted at civil servants, public sector contract workers, as well as pensioners.

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.

KUALA LUMPUR (March 27): Affin Bank Bhd and Affin Islamic Bank Bhd will be offering their retail customers and SME clients non-compounding interest or profit for six months, for term loan and term financing, during the moratorium for financing facilities due to the COVID-19 outbreak in the country.

KUALA LUMPUR (March 27): The Malaysian Rubber Gloves Manufacturers Association (Margma) has warned distributors to refrain from profiteering as there is adequate supply of gloves in the country.

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.

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.