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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.
KUALA LUMPUR (Bernama): With fake news on Covid-19 and related issues going viral on social media, the Communications and Multimedia Ministry's quick response team is in contact with the relevant agencies to help clear the air.
PETALING JAYA: The government only has data on the B40 group and small traders but not on M40 for it to be able to quickly deliver the stimulus package promises, says Senior Minister Datuk Seri Azmin Ali.
KUALA LUMPUR: The ringgit is expected to continue its upward momentum against the US dollar next week amid cautious trade, supported by positive global and domestic economic developments, dealers said.
To combat the economic fallout from the coronavirus outbreak, Malaysia has unveiled a landmark comprehensive rescue plan worth a total of RM250bil, that’s almost one-fifth of the country’s gross domestic product (GDP). It is the largest-ever stimulus package for the country.
SETEL, despite its current e-payment feature for fuel at Petronas stations, was never set out to be an e-wallet.
PETALING JAYA: The central bank has increased the allocation for a special fund targeting small and medium-sized enterprises (SMEs) by an additional RM4bil to RM13.1bil, while making the facilities under the fund cheaper and accessible to businesses.
PETALING JAYA: The coronavirus (Covid-19) pandemic, coupled with global headwinds, may trigger more downgrades in the domestic bond market this year.
Many people affected by loss of income during MCO period