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2020 domestic tourism spending drop 60.8%
KUALA LUMPUR: Domestic tourism expenditure last year fell 60.8 percent to RM40.4 billion compared to RM103.2 billion in 2019, according to the Domestic Tourism Survey 2020 Report issued by the Department of Statistics Malaysia (DOSM) today. The Chief Statistician’s Office
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PM: SME growth prospects to recover gradually in 2021 supported by stimulus packages
KUALA LUMPUR: The growth prospects of the small and medium enterprises (SMEs) are expected to recover gradually in 2021 in line with the overall economic growth forecast, said Prime Minister Tan Sri Muhyiddin Yassin (pix). The growth would be supported
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Economists: Pemulih a relief for households, SMEs
KUALA LUMPUR: The National People’s Well-Being and Economic Recovery Package (Pemulih) is expected to ease the anxiety felt by many households, small and medium industries (SMEs) and micro SMEs in dealing with the aftermath of the Covid-19 pandemic. Associate Professor
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Emir Research: Six-month blanket moratorium is needed for social, business safety nets
KUALA LUMPUR: Loan moratorium for all micro, small and medium enterprises (MSMEs), B40 as well as M40 households, while targeted for other individuals for at least three months or 50 per cent loan payment reduction for six months is needed to
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Manufactures can increase productivity, quality with collaborative robots
KUALA LUMPUR: Malaysia’s manufacturing industry stands to benefit most from robotics as its processes involve repetitive work in confined and structured spaces, environments that robots excel in, said Universal Robots. The Denmark-based collaborative robots (cobots) technology market leader has advised
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Latest testing confirms Viraleze highly effective against Alpha, Beta and Gamma COVID variants
MELBOURNE, Australia, June 18, 2021 /PRNewswire/ — New data released today shows that Australia’s Viraleze™ anti-COVID nasal spray is more than 99.9% effective against three of the four deadliest variants of the SARS-CoV-2 virus. Major breakthrough: Starpharma’s anti covid nasal spray Viraleze
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Monthly assistance via e-wallet can help boost economy
KUALA LUMPUR: The government should consider channeling monthly assistance in the form of e-wallet credit to the targeted group throughout the National Recovery Plan period in an effort to stimulate the economy, according to an economist. Universiti Putra Malaysia School
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Aker Solutions manager charged in Malaysia over alleged false documentation
KUALA LUMPUR: A Malaysian manager of Norway’s largest oil services provider Aker Solutions was charged on Friday over allegations he submitted false documents in dealings with state-owned energy firm Petronas, according to a court charge-sheet. Ahmad Hatta Kamaruzzaman, 49, pleaded not
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Mustapa: Banks need to give clear explanation about moratorium to affected M40
KUALA LUMPUR: The Association of Banks in Malaysia (ABM) needs to provide a clear explanation about moratorium for M40 income earners affected by the Movement Control Order (MCO) 3.0, Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed(pix) said.
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Govt channeling RM5.08 bln to micro SMEs under GKP, payment of RM1.5 bln starts on June 10
KUALA LUMPUR: A total of RM5.08 billion has been and will be channelled to nearly one million micro small and medium enterprises (MSMEs) under the Geran Khas Prihatin (GKP) to tide over their difficulties since Covid-19 hit the country, Finance
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