Muhyiddin unveils RM10bil stimulus package for SMEs (updated)


PETALING JAYA: Prime Minister Tan Sri Muhyiddin Yassin has unveiled a special stimulus package worth RM10bil aimed at small and medium-sized enterprises (SMEs) in a bid to soften the impact of the movement control order (MCO).

According to Muhyiddin, SMEs and micro-businesses made up two-thirds of the workforce of the country and contributed 40% of the country’s economy.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Emergency protocols kicked in after blast, says Help University
Ministry orders private university to conduct full safety inspection
PM Anwar urges border agency to ensure no more technical glitches at country's entry points
MACC finishes recording senior military officer’s statement, probe to be completed within a week
KTMB introduces RTSM, special excursion train service for Chinese New Year
No plan to revive old Penang ferry service, says Loke
Proud to have served together, Akmal Saleh thanks Melaka CM for guidance
Salary increase for judges important safeguard from undue influence, says CJ
Cops probe viral video of alleged assault by off-duty policeman
Registration department clarifies compliance with High Court ruling on MyKad issuance for teenager

Others Also Read