‘Much-needed relief for industries affected by virus’


Socio-economic Research Centre (SERC) executive director Lee Heng Guie(pic) noted that the package is a broad-based economic stimulation which targets to mitigate economic pain as well as protect jobs.

PETALING JAYA: The sizeable RM20bil economic stimulus package provides a much -needed relief for industries affected by the Covid-19 outbreak.

Socio-economic Research Centre (SERC) executive director Lee Heng Guie noted that the package is a broad-based economic stimulation which targets to mitigate economic pain as well as protect jobs.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
stimulus , package , relief , industries , virus , SERC , economy , pain , jobs , financial burden ,

Next In Business News

Malaysia treasurers bullish on AI, digital currencies despite integration barriers
Gold rises as investors digest Fed hike, oil rally stalls
Budget 2027: Industry players urge govt to expand incentives for battery storage and solar adoption
AirAsia plunges to four-year low on route absorption report
Malaysia’s battered bonds face risk of Japan fund exodus
Oil prices extend losses on easing fears of Middle East supply disruption
Shares edge up after Fed hike, dollar firm on short-term yields
Flexibility key to success in Asean
Global energy crisis 'lagging effect' beginning to impact natural gas, coal prices
Systech changes name to WTS Capital

Others Also Read