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Over 40 police reports lodged from victims of 'like and share' scam
KUALA LUMPUR: A total of 46 police reports have been lodged over an online investment “like and share” scam with losses amounting to RM689,146.
More details on financial help for Covid-19 hit SMEs
KUALA LUMPUR: Small and medium enterprises (SMEs) impacted by the fallout from the Covid-19 pandemic will be able to get financial assistance from the Targeted Relief and Recovery Facility (TRRF) and Micro Enterprises Facility (MEF).
Tengku Zafrul: Windfall tax may send wrong signal
KUALA LUMPUR: The implementation of a windfall tax on glove companies that have benefited from the pandemic is a non-consistent policy which will a send a wrong signal to investors, according to Finance Minister Tengku Datuk Seri Zafrul Aziz.
Malaysia: Economy in 2020 - the year that wasn't
KUALA LUMPUR, Nov 29 (Bernama): The ideal 2020 embedded in the mind of many Malaysians are the creation of a developed society, the assurance of economic justice and the birth of a competitive economy, instead the expectations were shattered when the first coronavirus case was traced in Wuhan in November last year.
Windfall tax on glove makers will send wrong signal to investors: Zafrul
KUALA LUMPUR: The implementation of a windfall tax on glove companies that have benefited from the pandemic is a non-consistent policy which will a send a wrong signal to investors and shoo them away from investing in the country, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.
INTERACTIVE: Here’s how Macau scammers conned Malaysians out of RM256mil this year
How many tricks are there up a Macau scammer's sleeves? Find out here!
PDRM: Fake Bank Negara apps and websites cost victims RM5.2mil in losses
Bank Negara Malaysia will never call users to ask them to download an app.
SPURRING ECONOMIC RECOVERY
GIVEN the challenges surrounding the economy while the country strives to break the chain of Covid-19 infections, it is important to lay a strong foundation for recovery moving into the next year.
Extend loan repayment periods, Cuepacs urges the govt
PETALING JAYA: The Congress of Unions of Employees in the Public and Civil Services (Cuepacs) says it hopes the Finance Ministry and Bank Negara Malaysia can consider extending loan repayment periods to help ease some difficulties faced by civil servants during the Covid-19 pandemic.
PRG returns to black in 3Q with RM19mil net profit
KUALA LUMPUR: PRG Holdings Bhd posted a net profit of RM19.4mil in the third quarter ended Sept 30 against a net loss of RM3.9mil in the same period last year.