KUALA LUMPUR, Feb 16 — The Auditor-General's Report for the Year 2021 Series 2 has found that although 78 per cent of projects under the Food Security Fund Programme of the Prihatin Rakyat Economic Stimulus Package (Prihatin) were successfully completed, the programme did not achieve its set objectives.
KUALA LUMPUR, Jan 21 — The government has channelled RM20.147 billion to 357,429 employers through its wage subsidy programme (PSU) that has helped to keep 2,951,854 jobs in an effort to reduce the unemployment rate.
KUALA LUMPUR, Nov — A total of RM17 billion from the Covid-19 Fund will be spent mainly on the Wage Subsidy Programme (WSP), small-scale infrastructure projects, small and medium enterprise (SME) soft loan and food security.
KUALA LUMPUR, Oct 26 — Micro traders who are eligible to receive the Prihatin Special Grant (GKP) must submit their applications at the latest by October 31.
KUALA LUMPUR, Oct 26 — The Malaysian Institute of Economic Research (MIER) is revising down its real gross domestic product (GDP) projection in 2020 to -5.5 per cent amid a confluence of factors that weighed on the economy.
KUALA LUMPUR, Oct 9 — Low-cost airline companies, AirAsia Bhd dan AirAsia X Bhd, have confirmed the retrenchment of 10 per cent of their 24,000 employees last week.
KUALA LUMPUR, Sept 29 — The Government will set up the Shared Prosperity Action Council (MTKB) which will act as a top-level monitoring mechanism so that the objectives of the Shared Prosperity Vision 2030 (WKB2030) can be achieved.
KUALA LUMPUR, Sept 29 — A total of 3,058 small and medium enterprise (SME) applications, involving a loan value of RM742.8 million, had been approved under the Penjana SME Financing scheme as of September 18, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.
KUALA LUMPUR, Sept 28 -- The government is committed to continue helping the small and medium enterprises (SMEs) along their recovery path in the upcoming 2021 Budget, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.
KUALA LUMPUR, Sept 20 — Sukuk Prihatin, a government initiative under the National Economic Recovery Plan (Penjana), has been oversubscribed, registering a total subscription of more than RM666 million.
KUALA LUMPUR, Sept 2 — International tourist spending in the country recorded a decrease of 69.8 per cent from RM41.69 billion in 2019 to RM12.58 billion, for the period of January until June, due to the Covid-19 pandemic.
KUALA LUMPUR, Aug 14 — Key economic indicators have shown a gradual recovery driven by the recovery in global growth as well as continued domestic support, which will edge up the economic outlook in 2021.
KUALA LUMPUR, Aug 4 — The Social Security Organisation (Socso) has approved RM8.97 billion under the wage subsidy programme as of July 24, 2020 benefiting over 2.58 million workers, says Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.
KUALA LUMPUR, July 29 — Prime Minister Tan Sri Muhyiddin Yassin is scheduled to make an announcement on the moratorium extension and targeted approach assistance at 3pm today.
KUALA LUMPUR, July 22 — The government has disbursed RM11.14 billion to 10.41 million recipients under the Bantuan Prihatin Nasional (BPN) as of July 20, 2020.
KUALA LUMPUR, July 15 — Deferred loan/financing repayments under the moratorium, which took effect on April 1 as part of the Prihatin Rakyat Economic Stimulus Package (Prihatin), are estimated to have reached RM55.2 billion as at July 13.
KUALA LUMPUR, July 3 — Domestic electricity users across Malaysia will continue to enjoy discounts of up to 50 per cent on their bill till December 31, 2020, announced Energy and Natural Resources Minister, Datuk Shamsul Anuar Nasarah, in a statement yesterday.
KUALA LUMPUR, June 23 — The government has paid out RM40 million to 40,000 recipients of Bantuan Prihatin Nasional (BPN) cash aid through Bank Simpanan Nasional (BSN) branches nationwide between June 12 and 19, said Finance Minister Tengku Datuk Seri Zafrul Aziz.
KUALA LUMPUR, June 23 — The government has been informed that there are employers who did not channel the money provided under the Prihatin Rakyat Economic Stimulus Package's (PRIHATIN) Wage Subsidy Programme to their workers, hence violating the conditions set.
KUALA LUMPUR, June 23 — The country’s debt level could hit the statutory limit of 55 per cent of gross domestic product at the end of the year from 52 per cent currently following the implementation of measures to save lives, protect livelihoods and stimulate the economy, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said today.
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