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KUALA LUMPUR: The FBM KLCI jumped on Thursday following the Prime Minister's announcement of the RM20bil Pemerkasa stimulus package and as global investors received confirmation from the US Federal Reserve that it would maintain its ultra-low interest rates.
PUTRAJAYA: The government has unveiled its sixth economic stimulus package, the RM20bil People and Economic Strategic Empowerment Programme (Pemerkasa), which, among others, will see targeted assistance given to the people and sectors still affected by the pandemic.
PUTRAJAYA: Controlling the spread of Covid-19 is part of the initiatives spelled out under the People and Economic Strategic Empowerment Programme (Pemerkasa), which includes efforts to accelerate vaccination programme and no longer impose blanket movement control order across the country.
KUALA LUMPUR: The increase in fundraising limits on equity crowdfunding (ECF) platforms as well as waiver on listing fees as announced under the latest economic stimulus package are timely measures that will benefit capital markets, said fund managers.
PETALING JAYA: Under the Pemerkasa economic stimulus package, the government will allocate RM2bil to increase the subsidy for Bantuan Prihatin Rakyat (BPR) households with schoolchildren to purchase smart devices.
PETALING JAYA: The government will extend and provide various tax incentives for the tourism sector under the Pemerkasa economic stimulus package.
PETALING JAYA: To kick-start the country's economic recovery, Prime Minister Tan Sri Muhyiddin Yassin says the government will embark on several economic revival programmes such as increasing micro credit financing, and extending the wage subsidy programme under the Pemerkasa economic stimulus package.
Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said the total allocation of RM2bil under this scheme prioritised SMEs which have not received loans from banks previously.
KUALA LUMPUR: The government has approved 6,973 applications involving loans worth RM1.315 billion under the National Economic Recovery Plan (PENJANA) Small and Medium Enterprise (SME) Financing scheme as at Feb 26, 2021 compared with RM1.258 billion last week.
Dr Wee: Amendments to check reckless driving among Transport Ministry's biggest achievement since Perikatan took over
PUTRAJAYA (Bernama): The gazetting of the Road Transport (Amendment) Bill 2020 which came into effect on Oct 23 is one of the biggest achievements of the Transport Ministry (MOT) during the Perikatan Nasional government’s year-long administration.