RM6 mln programme for economic recovery

KUCHING: Lazada Malaysia and TNG Digital are joining forces to introduce #KitaBantuKita, a RM6 million incentive programme to stimulate the local economy towards a post-Covid-19 recovery. The RM6 million incentive programme aims to speed up and support the government’s digital-led recovery plans by strengthening the digital economy. The incentive programme, in partnership with TNG Digital, […]

Economic recovery unaffected by Covid-19 developments

TAMPIN: Current developments related to the Covid-19 pandemic do not affect the country’s economic recovery during the recovery movement control order (RMCO) period, says Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed. He said the spread of Covid-19 has however affected the psychological wellbeing of the public, a factor that could slow […]

Efficient delivery system of incentives vital: Wee

KUCHING: The delivery system for government initiatives aimed at alleviating the effects of the Covid-19 pandemic must be efficient and streamlined so that the people can benefit from these incentives as soon as possible, said Federation of Kuching, Samarahan and Serian Divisions Chinese Associations president Datuk Richard Wee. He said that government measures such as […]

Initiatives for tourism industry welcomed

KUCHING: The Malaysian Association of Hotels (MAH) welcomes the initiatives for the tourism industry especially hotels under the Short-Term Economic Recovery Plan (Penjana) announced recently by Prime Minister Tan Sri Muhyiddin Yassin. MAH Sarawak branch chairman, Ibrahim Nordin, said overall it was good especially as it covered tourism financing and tax exemption. “We all know […]

National Economic Recovery Plan welcomed

KUCHING: Welfare, Community Wellbeing, Women, Family and Childhood Development Minister Datuk Seri Fatimah Abdullah welcomes the assistance provided under the National Economic Recovery Plan (Pelan Jana Semula Economy Negara or Penjana). She said the assistance announced by Prime Minister Tan Sri Muhyiddin Yassin showed that the government was inclusive as the assistance covered all sectors […]

RM35b more to stimulate economy

PUTRAJAYA: In the face of the economic challenges following the global Covid-19 pandemic, the government on Friday unveiled the National Economic Recovery Plan (Penjana) to empower the people and stimulate the economy. Prime Minister Tan Sri Muhyiddin Yassin when announcing the short-term plan themed “Building the Economy Together” said that it was also aimed to […]

Strength of Thai baht could derail economic recovery

BANGKOK: Thailand’s Monetary Policy Committee (MPC) has expressed concerns over the strength of the baht that could derail the kingdom’s economic recovery. Assistant Governor of Bank of Thailand (BOT) and Secretary of MPC Titanun Mallikamas said the 2020 economic outlook was highly uncertain given the global economic and financial environments with the risks to the […]

Follow Putrajaya, says business chamber chief

KUCHING: Sarawak should emulate the federal government’s decision to open up the economy, Kuching Chinese General Chamber of Commerce and Industry (KCGCCI) secretary-general Jonathan Chai Voon Tok said today. He said that such an initiative would help expedite the recovery progress of the state’s economy and avoid mass unemployment, which would eventually bring about unwanted […]

Package well-thought: Naroden

KUCHING: The second package of Sarawakku Sayang Assistance will eventually trigger all the supply-chains to move towards recovery and contribute to the state’s economic growth. Assistant Minister of International Trade and Industry, Industry Terminal and Entrepreneur Development (Mintred) Datuk Mohd Naroden Majais said the package was inclusive of everyone involved either directly or indirectly in […]