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China to support economic recovery, avoid 'policy cliff'
BEIJING/SHANGHAI: China will provide necessary policy support for the economic recovery this year, to avoid a "policy cliff", as small firms remain hard-pressed amid the pandemic, a senior official at the state planner said on Tuesday.
Philippine banks rebound faster than post-Asia crisis
Record-low interest rates, higher capital the catalyst
Wee: Permai will help industry players during pandemic
PETALING JAYA: The government’s RM15bil “Perlindungan Ekonomi dan Rakyat Malaysia (Permai)” assistance package has been welcomed by Transport Minister Datuk Seri Dr Wee Ka Siong (pic), who said that it can help assist Malaysians and industry players to weather through the Covid-19 pandemic.
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Permai aid package can help M'sians face Covid-19 pandemic, says Dr Wee
PETALING JAYA: The government’s RM15bil Perlindungan Ekonomi dan Rakyat Malaysia (Permai) assistance package can better assist Malaysians and industry players to weather through the Covid-19 pandemic, says Datuk Seri Dr Wee Ka Siong.
All employers in MCO areas eligible to apply for wage subsidy programme, says PM
KUALA LUMPUR (Bernama): The Wage Subsidy Programme 3.0 under the Social Security Organisation (Socso) will be improved, says Tan Sri Muhyiddin Yassin.
MCO 2.0: PM announces aid package worth RM15bil
PETALING JAYA: Prime Minister Tan Sri Muhyiddin Yassin has announced the "Perlindungan Ekonomi dan Rakyat Malaysia (Permai)" assistance package worth RM15bil on Monday (Jan 18).
Philippine banks' virus rebound to be faster than post-Asia crisis
MANILA, Jan 18 (Bloomberg): Philippine banks will recover faster from the impact of the coronavirus pandemic than they did from the Asian financial crisis due to record-low interest rates, higher capital and a stable economy, the head of the nation’s bankers group said.
Nations vow to work together to heal from pandemic
China promised to donate 500,000 Covid-19 vaccine doses to the Philippines as the two countries signed infrastructure deals aimed at boosting post-pandemic recovery efforts, officials said.
Price stability is key priority for China’s central bank
BEIJING: China’s inflation is likely to see moderate growth this year, but a consistent pickup is unlikely, given the constrained consumption of services, a senior central bank official said.
