Committee formed to look into reconvening of parliament

KUALA LUMPUR: Prime Minister Tan Sri Muhyiddin Yassin said a committee comprising government and opposition representatives had been formed to look into important aspects before parliament reconvenes. Muhyiddin said the committee would consider whether it should be a physical or hybrid parliamentary sitting. “Whether it (the sitting) will be held hybrid or physical will be […]

Recovery plan provides clear framework to ensure economic revival

KUALA LUMPUR: Industry players welcomed the government’s four-phase National Recovery Plan as it provides a clear framework that Malaysia needs to ensure a progressive economic revival within a realistic timeframe. Malaysia Debt Ventures Bhd (MDV) said the plan balances social economic welfare and imperatives in paving the way for the nation’s smooth transition from the […]

We have avoided a catastrophe

KUALA LUMPUR: Tan Sri Muhyiddin Yassin said today the first phase of the movement control order (MCO) has borne fruit. The Prime Minister said the Covid-19 infection graph has begun to show a downward trend, with 4,949 cases recorded yesterday compared to the highest daily number of 9,020 on May 29. He also said that […]

National Recovery Plan capable of bringing life back to normal

KUALA LUMPUR: Prime Minister Tan Sri Muhyiddin Yassin today unveiled the National Recovery Plan which is believed capable of bringing life back to normal by the end of this year, including reconvening parliament in September or October. He said the plan, which is a strategy to transition out of the Covid-19 crisis, covers four phases […]

Malaysia suffers RM1 bln losses daily

KUALA LUMPUR: The government has suffered losses of RM1 billion daily throughout the current movement control order (MCO 3.0), said Prime Minister Tan Sri Muhyiddin Yassin. Describing the decision to implement the MCO as not an easy one, he said Malaysia needs to come out of the Covid-19 crisis quickly for the sake of everyone’s […]

Govt drafting recovery plan for Covid-19 battle

KUALA LUMPUR: The government is drafting a National Recovery Plan (exit plan) in preparation for the country to emerge from the Covid-19 pandemic at a reasonable level, said Tan Sri Muhyiddin Yassin. The Prime Minister said the plan based on data, science and all the preparations that had been done, including in terms of Covid-19 […]

Loan repayment aid, moratorium worth RM30 bln to benefit 5 million borrowers

KUALA LUMPUR: Loan repayment assistance and a moratorium worth up to RM30 billion starting June 2021 is expected to benefit more than five million borrowers, said Prime Minister Tan Sri Muhyiddin Yassin. Muhyiddin said that as a result of discussions with Bank Negara Malaysia, the banking industry gave full assurance and commitment to continue to […]

PM, ministers, deputy ministers take 3 months’ salary cut

Salaries to be channelled into disaster trust fund account towards Covid-19 expenditure KUALA LUMPUR: All ministers and deputy ministers will not be taking their salaries for three months from June as practised during the first movement control order (MCO) 1.0 last year. The matter was announced by Prime Minister Tan Sri Muhyiddin Yassin in his […]

RM1 bln to strengthen public healthcare under Pemerkasa Plus

KUALA LUMPUR: A sum of RM1 billion has been allocated to increase capacity and strengthen public healthcare under the Supplementary Strategic Programme to Empower the People and Economy (Pemerkasa Plus) unveiled by Prime Minister Tan Sri Muhyiddn Yassin tonight. He said RM450 million is for boosting bed capacity and ICU equipment for Covid-19 treatment, not […]