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As markets pencil in higher inflation, there is overall a lack of urgency regarding this danger.
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.
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.
Hong Kong's jobless rate climbed to the highest level since 2004 during the past three months due to the COVID-19 impact, official data showed Tuesday.
SHANGHAI: Hong Kong stocks ended marginally higher on Monday, underpinned by heavyweight financial firms, after China posted better than expected factory activity data.
Swire Pacific, parent company of struggling Cathay Pacific, reports first ever annual loss and expects a tough 2021
The group reported a US$1.42 billion loss last year, primarily caused by an unprecedented slump at its 45 per cent-owned airlineSwire warned of a tough year ahead, with probable further losses to come
PETALING JAYA: Revenge spending may be on the cards for many retailers as crowds head back to shopping malls with the reopening of most economic sectors.
In-home consumption will be higher than pre-pandemic levels, as working from home will continue for a portion of the workforce, and financially impacted consumers will dine in-home as it is more cost-effective than dining out.