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MYHackathon is happening tomorrow

KUCHING:  MYHackathon 2020 — an initiative under the National Economic Recovery Plan (Penjana) and Ministry of Science, Technology and Innovation (Mosti) with Cradle Fund Sdn Bhd (Cradle) as the main secretariat — will take place at 2.30pm Monday (Dec 7) via Zoom. At the Kuching round, under the theme ‘Bina Negara’, the participants have to […]

Commitment to pandemic fight earns praise

KUCHING: Parti Rakyat Sarawak has commended the government’s seriousness in combating the Covid-19 pandemic as exemplified by Budget 2021. PRS Women chief Datuk Seri Doris Brodie noted that the federal government has committed a huge sum of RM3 billion to acquire vaccine and another RM1 billion to fight the third wave of Covid-19. “It is […]

Penjana special tax incentives should be extended to existing investors

KUALA LUMPUR: The Penjana special tax incentives to attract foreign direct investments (FDIs) to relocate their manufacturing facilities to Malaysia from 2021 until 2022 should be extended to existing investors which had received approvals for expansion, diversification or new projects in 2019, as well as to domestic investments. The Federation of Malaysian Manufacturers (FMM), in […]

Budget 2021 will be similar in spirit to Prihatin, Penjana

KUALA LUMPUR: Budget 2021 will not deviate much from the previous budgets’ convention but will be infused with initiatives similar in spirit to the Prihatin Rakyat Economic Stimulus Package (Prihatin) and National Economic Recovery Plan (Penjana), according to an economic expert. “The upcoming national budget will still hinge on aspects such as jobs and people’s […]

MoF urged to up aid criterion

BY TANIA LAM & VOON YIH BOON KUCHING: The Ministry of Finance (MoF) should use RM1,200 as the poverty line income (PLI) eligibility criterion for the one-off RM300 Financial Aid for Single Mothers (BKIT) scheme under the National Economic Recovery Plan (Penjana). Welfare, Community Wellbeing, Women, Family and Childhood Development Minister Datuk Seri Fatimah Abdullah […]

214 benefit from single-mother special aid

BY TANIA LAM & VOON YIH BOON KUCHING: To date, a total of RM64,200 in Single Mothers Special Aid (BKIT) has been channelled to 214 recipients in Sarawak, said Welfare, Community Wellbeing, Women, Family and Childhood Development Minister Datuk Seri Fatimah Abdullah. She said more applications are still being processed and encouraged single mothers, who […]

2 mln Malaysians enjoy Shopee’s ringgit-to-ringgit voucher

KUCHING: The Ringgit-to-Ringgit voucher has been enjoyed by close to two million Malaysians who took advantage of the savings and cashback on home and living, health and beauty, toys, groceries, automotive, mobile and gadgets. The voucher funded by Shopee and the government via Malaysia Digital Economy Corporation (MDEC) for the Short-Term Economic Recovery Plan (Penjana) […]

Carousell collaborates with MDEC

KUCHING: Carousell is collaborating with Malaysia Digital Economy Corporation (MDEC) to jointly roll out the government’s Short-Term Economic Recovery Plan (Penjana) e-commerce initiative, called the Penjana Micro and SMEs (MSMEs) E-commerce Campaign. According to a press statement, the collaboration is part of its continuous effort to support Malaysian micro-sellers and small-medium enterprises (SMEs). As more […]

Stamp duty exemption incentive for SMEs

KUCHING: The Ministry of Entrepreneur Development and Cooperatives (Medac) through SME Corp. Malaysia in collaboration with the Inland Revenue Board of Malaysia (LHDN) and the Companies Commission of Malaysia (SSM) is providing a stamp duty exemption incentive to small and medium enterprises (SMEs) for merger and acquisition (M&A) activities. Application for this incentive is eligible […]

Temporary Measures Bill to ease Covid-19 impacts, support Prihatin, Penjana

KUALA LUMPUR: The Temporary Measures for Reducing The Impact of Coronavirus Disease 2019 (Covid-19) Bill 2020 supports government’s initiatives to restore the country’s economy via the Prihatin Rakyat Economic Stimulus Package (Prihatin) and the National Economic Recovery Plan (Penjana). Minister in the Prime Minister’s Department (Parliament and Law) Datuk Takiyuddin Hassan said the Bill provided […]