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THE government announced the sixth economic stimulus package (Pemerkasa) worth RM20bil on March 17,2021, one year after Malaysia first imposed a lockdown due to Covid-19. Pemerkasa brought the total value of the packages to RM340bil.
PETALING JAYA: The Prihatin Special Grant (GKP) 3.0 is expected to benefit almost 1.2 million local micro small and medium enterprises (SMEs) with an additional allocation of RM1.2bil.
PETALING JAYA: The reopening of more economic sectors under the second phase of the movement control order (MCO 2.0) has succeeded in reducing the country’s losses to RM300mil a day compared to RM2.4bil a day during the MCO 1.0.
KUALA LUMPUR: Some 52,000 micro small and medium enterprises (SMEs) that submitted appeals for the Prihatin Special Grant 2.0 (GKP 2.0) will receive payments totalling RM155mil on Feb 5, which will be credited directly into their registered bank accounts, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.(pic)
Watch farm stocks, automakers and banks as the country unveils its budget on Monday
Reduced imposition will not affect demand too much
KUALA LUMPUR: Shares in HeiTech Padu Bhd rose in early trade Thursday after securing a contract worth RM35.2mil from the Inland Revenue Board (IRB).
KUALA LUMPUR: HeiTech Padu Bhd has signed a letter of agreement for the renewal of CA GEN (TSO) and Report Composer System License Mainframe for the Inland Revenue Board.
KUALA LUMPUR: The Inland Revenue Board (IRB) is implementing the centralisation and decentralisation of certain categories of taxpayer files in line with the government’s policy on tax treatment for small and medium enterprises (SMEs)