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PETALING JAYA: The business sector is in desperate need of a boost and the government needs to introduce a 'special stimulus package' to prevent it from collapsing, says Huazong president Tan Sri TC Goh.
PETALING JAYA: The second economic stimulus package announced by Prime Minister Tan Sri Muhyiddin Yassin has failed to address the key issue of protecting jobs and helping tourism SMEs, says Malaysian Association of Tour and Travel Agents (MATTA).
KUCHING: The Sarawak Malaysian Trades Union Congress (MTUC) welcomes the new stimulus package which provides cash assistance to workers and wage subsidies to employers.
IT wasn’t that long ago that we were hanging the hopes of our economy on the SMEs. In recent years, the sector’s growth has exceeded the growth of Malaysia’s gross domestic product (GDP) and the government was targeting to push SME contribution to GDP to 45% in 2025 from 38.3% in 2018. Today, however, the sector has been brought to its knees
KUALA LUMPUR (Bernama) -- The Employees Provident Fund (EPF) is introducing its Employer Advisory Services (EAS) beginning April 15 to provide customised advisory support for employers, specifically with regards to the employers’ portion of EPF contributions during the current economic downturn.
PETALING JAYA: Soft loans, cash injection and grants are what the local airlines need immediately to pay salaries to their staff, service loans and aircraft leases to stay afloat during this turbulent times and not complex mergers.
The country needs a RM130bil stimulus package to address the economic fallout from Covid-19
PETALING JAYA: The All Women's Action Society (Awam) warns that the Covid-19 situation can cause rising stress levels and ultimately lead to violence.
PETALING JAYA: The coronavirus (Covid-19) pandemic has put the three major local airlines into cash crunch as they are unable to generate enough money with ticket sales drying up. They have resorted to grounding aircraft, meaning they are unable to earn any ancillary income.