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PETALING JAYA: Used car dealers are reporting record-high sales, spurred by the government’s tax incentives and customers downgrading to cheaper vehicles in light of the economic uncertainty created by the Covid-19 pandemic.
MyCreative has opened applications for a variety of assistance schemes and initiatives under 10 creative sub-sectors, in line with the National Economic Recovery Plan (Penjana).
PETALING JAYA: Even as many consumers are cautious in purchasing high-ticket items in light of the Covid-19 pandemic, industry experts say sale of properties and cars have been rising since June.
PETALING JAYA: The Ministry of Finance (MoF) has launched the ePenjana credit programme worth RM750mil, which is one of the initiatives under the Economic Recovery Plan (Penjana), aimed at boosting consumer spending in Malaysia.
Targeted moratorium extensionTHE banking industry will provide borrowers affected by the Covid-19 pandemic with extended moratorium and flexibility to repay their loans, Prime Minister Tan Sri Muhyiddin Yassin announced on Wednesday.
PETALING JAYA: Lauding the moratorium extension and targeted bank assistance as timely, businesses say more measures should be introduced to help businesses to stimulate the economy.
PETALING JAYA: Vehicle sales are off to a good start with June marking the strongest monthly total industry volume (TIV) growth and potentially indicating a positive start to the second half of 2020.
KUALA LUMPUR: SME Bank says it has successfully approved 940 applications amounting to RM503.04 million under the Special Relief Facility (SRF) through the Prihatin Rakyat Economic Stimulus Package.