KUALA LUMPUR: Prime Minister Tan Sri Muhyiddin Yassin is expected to announce another special package to empower the people and industry at 5.30 pm today.
According to the latest post on his official social site, the package is known as 'PEMERKASA', but no further details were given.
It is a continuation of initiatives that have been introduced previously, including the Prihatin Rakyat Economic Stimulus Package (PRIHATIN) and Prihatin PKS worth RM260 billion, in March and April last year, respectively.
Based on the Ministry of Finance (MOF) report, the two packages have benefited around 20 million, as well as 2.4 million multi-sector businesses.
Apart from the two master packages, the government also introduced the National Economic Regeneration Plan (PENJANA) in the middle of last year, covering more than 12.5 million individuals and 350,000 businesses.
Also introduced was the Special Supplementary Initiative Framework Package: Kita Prihatin amounting to RM10 billion benefitting more than 10.1 million individuals and 705,000 businesses.
Earlier this year, the fifth initiative, the Malaysian Economic and Citizen Protection Assistance Package (PERMAI) worth RM15 billion was announced.
Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz, was reported to have said that the latest stimulus package would specialise in groups that have yet to recover, such as the tourism sector.
“Here we are having discussions at the Ministry of Finance level together with the relevant ministries, how we can help especially the sectors that are still affected by the COVID-19 pandemic outbreak.
"The announcement will be made in the near future. What is important is that they need to 'restart' and there are a handful (of sectors) that cannot 'restart', for example tourism," he added.
Astro AWANI will bring the 'Special Message of the Prime Minister on PEMERKASA' on Channel 501, Live TV and all Astro AWANI social media platforms at 5.30 pm today.
Firdaus Azil
Wed Mar 17 2021
PEMERKASA is a continuation of initiatives that have been introduced previously, including PRIHATIN, PENJANA, and PERMAI. Filepic/BERNAMA
Is climate change making tropical storms more frequent? Scientists say it's unclear
Scientists say it remains unclear how much climate change is reshaping the storm season.
Samples obtained by Chinese spacecraft show moon's ancient volcanism
The material provides new insight into the moon's geological history including the oldest evidence to date of lunar volcanism.
The scamdemic targeting the young and vulnerable
Teenagers and young adults are becoming prime targets for a new wave of cyber scams, a trend raising alarm bells across Southeast Asia.
Japanese manicurist takes on plastic pollution, one nail at a time
Before global leaders address plastic pollution, a Japanese manicurist highlights the issue by incorporating it into her nail designs.
What to watch for ahead of US presidential inauguration
Here's a timeline of events between now and inauguration day.
The battle to reduce road deaths
In Malaysia, over half a million road accidents have been recorded so far this year.
Pro-Palestinian NGOs seek court order to stop Dutch arms exports to Israel
The Dutch state, as a signatory to the 1948 Genocide Convention, has a duty to take all reasonable measures at its disposal to prevent genocide.
How quickly can Trump's Musk-led efficiency panel slash US regulations?
Moves by Trump and his appointees to eliminate existing rules will be met with legal challenges, as many progressive groups and Democratic officials have made clear.
2TM: Consultations on PTPTN loans, admission to IPTA at MOHE booth
Consultations on PTPTN loans and admission to IPTA are among services provided at the Higher Education Ministry booth.
Kampung Tanjung Kala residents affected by flooded bridge every time it rains heavily
Almost 200 residents from 60 homes in Kampung Tanjung Kala have ended up stuck when their 200-metre (m) long concrete bridge flooded.
COP29 climate summit draft proposes rich countries pay $250 billion per year
The draft finance deal criticised by both developed and developing nations.
Bomb squad sent to London's Gatwick Airport after terminal evacuation
This was following the discovery of a suspected prohibited item in luggage.
Kelantan urges caution amidst northeast monsoon rains
Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Former New Zealand PM Jacinda Ardern receives UN leadership award
Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM
The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
KTMB provides two additional ETS trains for Christmas, school holidays
KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024
Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Findings by dark energy researchers back Einstein's conception of gravity
The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
NRES responds to Rimbawatch press release on COP29
The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections
The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.