Business
Back to homepage
Mustapa: RM250 billion PRIHATIN Stimulus Package among largest in the world
KUALA LUMPUR: Malaysia’s Prihatin Rakyat Economic Stimulus Package (PRIHATIN) is among the largest in the world, according to Minister in the Prime Minister’s Department (Economy), Datuk Seri Mustapa Mohamed. “When compared to the nation’s gross domestic product, it is about 17 per
Read More
A tale of Malaysia’s rubber gloves, condoms & palm oil
KUALA LUMPUR: Rubber is a blessed word in these difficult times as its transformation into gloves has proved life-saving with even the world’s largest economy singing praises of Malaysia’s gloves. The US Embassy here via its official twitter handle trumpeted the fact that
Read More
Moratorium for a trader is only a ventilator
Well articulated but pls bear with me , a layman’s opinion … A lot of one off goodies more for B40 , yes it will pump prime the economy temporarily and we all understand the challenges of balancing Budget and
Read More
COVID-19: NGOs urged govt. to monitor price, distribution, stock of rice
PUCHONG: Two agriculture based NGOs, Malaysia Food Security and Sovereignty Forum and Padi Rescue urged the government to closely monitor price, distribution and stock of rice in the market during the COVID-19 outbreak crisis. Its coordinator Nurfitri Amir Muhammad said
Read More
Asian markets tread cautiously ahead of U.S. stimulus, jobs
SINGAPORE: Asian stock markets made a cautious start on Thursday following two days of rallies, as investors await the passage and details of a $2 trillion stimulus package in the United States to combat the economic fallout from the coronavirus.
Read More
COVID-19: Government to bear RM662 million electricity bill discount
KUALA LUMPUR, March 19 — The government will bear the cost of electricity discount for selected sectors amounting to RM662 million, of which RM122.5 million is for Sarawak and RM37.2 million for Sabah, this year, Energy and Natural Resources Minister Datuk
Read More
UK government plans to buy into airlines
The British government is planning to buy equity stakes in airlines and other companies affected by the coronavirus pandemic, the Financial Times reported on.ft.com/2QypHcc on Saturday. The government plans to invest billions of pounds in companies including IAG-owned British Airways (ICAG.L) in
Read More
SME group: Banks’ preparedness will help alleviate SMEs’ financial burden
PETALING JAYA: A coalition of small-medium entrepreneurs and industries claimed that several banks are rejecting loans applied under the recently announced stimulus package to help severely distressed sectors” of the economy from the Covid-19 outbreak. In a statement by Covid-19
Read More
Malaysia to receive medical supplies from Jack Ma, Alibaba foundations
KUALA LUMPUR: The Jack Ma Foundation and Alibaba Foundation recently announced donations of medical supplies to Malaysia, Indonesia, Thailand and the Philippines. According to a statement, the foundations have been able to reach out to the governments of those four
Read More
Business NGO: We need a second stimulus package
BANGSAR: A coalition of entrepreneurs are urging the government to prepare a second stimulus package that would be focused on assisting small and medium enterprises (SME), the self-employed and retrenched workers as the COVID-19 ravages the economy and public health.
Read More