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PETALING JAYA: The Transport Ministry has announced additional initiatives to help alleviate the adverse economic effect caused by the Covid-19 pandemic.
PETALING JAYA: The Transport Ministry has announced additional initiatives to help alleviate the adverse economic effects caused by the Covid-19 pandemic.
PUTRAJAYA: Prime Minister Tan Sri Muhyiddin Yassin has on Friday (March 27) unveiled an economic stimulus package known as package prihatin or caring package valued at RM250bil that will benefit all Malaysians.
WE will see today the government announce its largest ever stimulus package. The sum, which judging by the RM100bil loan moratorium and other previous announcements, will be a huge headline number but that is no different than what other countries have proposed.
PETALING JAYA: The government’s second economic stimulus package, which will be unveiled today, is expected to introduce more comprehensive measures to respond to the novel coronavirus (Covid-19) induced economic slowdown.
SINGAPORE (The Straits Times/ANN): Cash payouts announced in Budget 2020 last month will be tripled, with all adult Singaporeans receiving S$300, $600 or $900 depending on their income, Deputy Prime Minister Heng Swee Keat said on Thursday (March 26).
PETALING JAYA: The economic impact of Covid-19 and the movement control order (MCO) is expected to shrink Malaysia’s real gross domestic product (GDP) growth to -2.9% for 2020, relative to 2019, says the Malaysian Institute of Economic Research (MIER).
Warnings of an imminent global recession have been ringing louder than before. With key economic data worldwide continuing to disappoint amid the novel coronavirus (Covid-19) outbreak, experts say the worst is yet to come.
New Finance Minister needs all the support he can get
PUTRAJAYA: Projects and measures proposed in Budget 2020 and the recently announced RM20bil economic stimulus package will go on as planned despite deepening uncertainties caused by the Covid-19 pandemic, says the Prime Minister.