SME News
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2020-03-27
Muhyiddin unveils RM250bil economic stimulus package
PUTRAJAYA: Prime Minister Tan Sri Muhyiddin Yassin has on Friday (March 27) unveiled an economic stimulus package known as package prihatin or caring package valued at RM250bil that will benefit all Malaysians. From the amount, RM128bil to be used...
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2020-03-27
PM: Nine million Malaysians eligible for BPN cash payment
KUALA LUMPUR: About nine million Malaysians will receive a one-off cash payment under the Bantuan Prihatin National (BPN) scheme as part of the Prihatin Rakyat Economic Stimulus Package. Prime Minister Tan Sri Muhyiddin Yassin unveiled the p...
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2020-03-27
SMEs request tax reductions, cash grants amid Covid-19, survey reveals
PETALING JAYA: A survey of service-based small-medium enterprises (SME) has suggested that a reduction in government taxes and cash grants for workers would be of most help to their business. The finding is based on two rounds of surveys on 97 ser...
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2020-03-27
Banks offer non-compounding interest on loans during moratorium
KUALA LUMPUR: Several banks have announced that they will not be compounding interest for its customers during the six-month moratorium period announced recently by Bank Negara Malaysia (BNM). RHB Banking Group, Public Bank, MALAYAN BANKING BHD (M...
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2020-03-27
F&B, tourism and hospitality sector: You don’t help us now, more workers lose jobs
KUALA LUMPUR, March 27 — The F&B, tourism and hospitality sector has warned the government that delaying assistance will trigger massive job losses, as it appealed for urgent action to shield the industry from the Covid-19 crisis. &ldquo...