New discount package to be announced soon
SIBU: A new Sarawakku Sayang Special Assistance (BKSS) package to extend the discounts on electricity and water bills will be announced soon, says Datuk Seri Dr Sim Kui Hian. The deputy premier said the extension would continue the discounts offered under BKSS 8.0 which ended on June 30, in view of the rising cost of […]
‘Prihatin’ is a comprehensive package by the government
KUALA LUMPUR: The Federation of Malaysian Consumers Association (Fomca) described the announcement of the People’s Economic Stimulus Package (Prihatin) as a ‘comprehensive’ package that covers all walks of life. Its president, Datuk Dr Marimuthu Nadason said the government’s initiative through the announcement of the package reflected the government’s effort to help the lower income group in […]
World Bank announces $12 bln to assist countries impacted by Covid-19
KUALA LUMPUR: The World Bank Group is making available an initial package of up to $12 billion in immediate support to assist countries coping with the health and economic impacts of Covid-19. In a statement today, it said the financing is designed to help member countries take effective action to respond to and where possible, lessen the tragic […]
Highlights of 2020 economic stimulus package
PUTRAJAYA: Following are the highlights of the 2020 Economic Stimulus Package unveiled by Interim Prime Minister Tun Dr Mahathir Mohamad today: Introduction of 2020 Economic Stimulus Package is to ensure economic risks associated with the Covid-19 outbreak is effectively addressed The stimulus package valued at RM20 billion is anchored on three strategies as follows: Strategy I: […]
