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GKP 2.0 programme: RM2.55 bln disbursed to micro SMEs to date

GKP 2.0 programme: RM2.55 bln disbursed to micro SMEs to date

Under the KITA PRIHATIN package, new applications and appeals were being perused and cross-checked by the IRB and local authorities.
Wed Jan 27 2021
Govt mulling feasibility of re-implementing GST, other consumption tax models

Govt mulling feasibility of re-implementing GST, other consumption tax models

The government is studying the feasibility of the re-implementation of the Goods and Services Tax (GST) or other consumption tax models.
Thu Dec 10 2020
Inter-state travel to balance the needs of the economy and healthcare - Tengku Zafrul

Inter-state travel to balance the needs of the economy and healthcare - Tengku Zafrul

Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said the decision was made after considering the economic and health factors.
Wed Dec 09 2020
Govt disburses RM965.5 mln loans under Penjana SME financing - Tengku Zafrul

Govt disburses RM965.5 mln loans under Penjana SME financing - Tengku Zafrul

The government, which allocated RM2 billion for the PENJANA SME Financing scheme, has approved financing worth RM965.5 million as of Oct 30.
Thu Nov 12 2020
Govt approves RM12.2 bln wage subsidy as of Oct 30 - Tengku Zafrul

Govt approves RM12.2 bln wage subsidy as of Oct 30 - Tengku Zafrul

A total of RM12.16 billion in wage subsidy under the Wage Subsidy Programme (PSU) had been approved as of Oct 30, 2020, benefitting more than 322,284 employers and 2.639 million employees.
Thu Nov 12 2020
Budget 2021 to drive business, economic sectors - PM

Budget 2021 to drive business, economic sectors - PM

Budget 2021 will ensure that the business and economic sectors continue to be driven through various specific measures, said Prime Minister Tan Sri Muhyiddin Yassin.
Fri Nov 06 2020
COVID-19 Fund ceiling to be raised to RM65 bil

COVID-19 Fund ceiling to be raised to RM65 bil

The government intends to amend the schedule of the Temporary Measures for Government Financing Act (Coronvirus disease 2019) to raise the ceiling of the COVID-19 Fund by RM20 billion to RM65 billion.
Fri Nov 06 2020
Govt takes prudent approach in spending - PM

Govt takes prudent approach in spending - PM

The government has adopted a prudent approach in spending, especially in terms of operating expenses, while at the same time optimising its income from investments and government-owned companies.
Wed Nov 04 2020
Budget 2021 to be expansionary to support people, revive economy - PM

Budget 2021 to be expansionary to support people, revive economy - PM

The government, as expected, will embark on an expansionary budget to ensure the rakyat's prosperity, business continuity and economic resilience in these unprecedented times.
Wed Nov 04 2020
Wage subsidy 2.0 still open for applicants till Dec 31 - Tengku Zafrul

Wage subsidy 2.0 still open for applicants till Dec 31 - Tengku Zafrul

PSU 2.0, a financial assistance paid to employers of every enterprise under the KITA PRIHATIN Package, is still open for applications.
Tue Oct 27 2020
Budget 2021 to provide targeted support for economic vulnerable groups -- Muhyiddin

Budget 2021 to provide targeted support for economic vulnerable groups -- Muhyiddin

The 2021 budget, to be tabled on Nov 6, will be centered on four main thrusts, including targeted support for economic vulnerable groups during the COVID-19 pandemic.
Tue Oct 13 2020
Govt mulls consolidating direct cash assistance after Budget 2021 - Tengku Zafrul

Govt mulls consolidating direct cash assistance after Budget 2021 - Tengku Zafrul

The government may consider consolidating its direct cash assistance to the rakyat, particularly after Budget 2021, said Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.
Mon Oct 12 2020
Govt announces RM10 bln KITA PRIHATIN Package

Govt announces RM10 bln KITA PRIHATIN Package

The government will implement several initiatives and additional assistance under the RM10 billion PRIHATIN Supplementary Initiative Package (KITA PRIHATIN).
Wed Sep 23 2020
ISIS Malaysia's perspective of Budget 2025

ISIS Malaysia's perspective of Budget 2025

An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Fri Oct 18 2024
Budget 2025: Record increase in STR, SARA aid initiatives

Budget 2025: Record increase in STR, SARA aid initiatives

The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Fri Oct 18 2024
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar

The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
Fri Oct 18 2024
What policies to expect from Indonesia's new President Prabowo

What policies to expect from Indonesia's new President Prabowo

Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Fri Oct 18 2024
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS

The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Fri Oct 18 2024
Israel sends more troops into north Gaza, deepens raid

Israel sends more troops into north Gaza, deepens raid

Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Fri Oct 18 2024
Indonesia ramps up security ahead of Prabowo's inauguration

Indonesia ramps up security ahead of Prabowo's inauguration

Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Fri Oct 18 2024
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods

Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Fri Oct 18 2024
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM

Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
Fri Oct 18 2024
NFOF will be operational in November 2024 with funding of RM1 bil

NFOF will be operational in November 2024 with funding of RM1 bil

PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Fri Oct 18 2024