Wage subsidies first line of defence to help SMEs, keep unemployment low

KUALA LUMPUR: Keeping unemployment low by helping small and medium enterprises (SMEs) retain their workers through wage subsidies and loan moratoriums during the pandemic is the first line of defence in helping households, Asia Analytica said. The research and institutional services said the sector formed the backbone of the economy and generate substantial employment. It […]

Govt unveils eight economic packages worth RM530 bln since last year

KUALA LUMPUR: The government has unveiled eight economic packages worth RM530 billion in total to address the crisis ever since the Covid-19 pandemic was declared last year, Asia Analytica said. The research and institutional services said since then, however, many have expressed their grouses on insufficient support given to the rakyat although the amount was […]