Chamber proposes six SME aid
SIBU: Sibu Chinese Chamber of Commerce and Industry (SCCCI), in joining the call for the government to assist small and medium enterprises during the movement control order (MCO), has proposed six types of aid for the SMEs. In a statement, it said SMEs were already feeling the effects of the MCO, enforced since March 18 […]
Use state’s RM31bil reserve, says chamber
KUCHING: Kuching Chinese General Chamber of Commerce and Industry (KCGCCI) secretary-general Jonathan Chai Voon Tok feels that it is acceptable for the state government to utilise its RM31bil reserve in this critical time if the situation warrants such a need. He said that the prevailing extraordinary situation called for extraordinary measures. “Even our neighbour, Singapore, […]
Better aid packages in store for SMEs
KUALA LUMPUR: The government will improve existing aid packages given to Small and Medium-sized Enterprises (SMEs) to help them further mitigate the effects of the Covid-19 pandemic, Entrepreneur and Cooperative Development Minister Datuk Seri Wan Junaidi Tuanku Jaafar said. This positive development will be announced by Prime Minister Tan Sri Muhyiddin Yassin next week after discussions at the ministry level are brought to the […]
Address concerns of SMEs, urges SPA
KUCHING: Sarawak Patriots Association (SPA) hoped the government could address the concerns of small and medium enterprises (SMEs) which are badly affected by the movement control order (MCO). Its chairman Datuk Dr John Lau Pang Heng said the SMEs wanted the government to review its directive on the payment of full salaries to employees in […]
Abang Helmi is EAC member
KUCHING: Sarawak Bumiputera Entrepreneurs Chamber (DUBS) chairman Datuk Abang Helmi Ikhwan has been appointed as one of the Economic Action Council (EAC) members. In a statement released by the Prime Minister’s Office (PMO) on Monday, the appointment of Abang Helmi together with Datuk Bridget Lai @ Bridget Anne Ching Hung Yee from Sabah was to […]
Be ready to give more, govt told
KUCHING: Socio-political analyst Associate Prof Dr Awang Azman Awang Pawi feels that the government must be ready to come up with more economic stimulus packages if the current situation is not handled well. In addition to a crisis in food supply, he said that an employment opportunity crisis could be expected if employers and industries […]
DAP MP lauds stimulus package
KUCHING: Kuching MP Dr Kelvin Yii welcomes the RM250 billion economic stimulus package announced by the Federal government to assist Malaysians affected by the Covid-19 pandemic. The DAP parliamentarian said the package covered many different spheres and areas of need, especially direct injection to the poor and the M40 to get through the tough times. […]
Companies urged to review business plans
KUCHING: Companies should review and make suitable adjustments to their business plans to ensure that they will be able to cope with the impact of Covid-19. Sarawak Chamber of Commerce and Industry (SCCI) president Datuk Abang Abdul Karim Tun Openg said even though the movement control order (MCO) is extended until mid-April, businesses have to […]
It is smart economics: Economist Analyst
KUCHING: Expanding the state’s economic stimulus package, Sarawakku Sayang Special Aid package, would be more extraordinary by outlining specific measures of the long-term effect for the post-movement restriction order. Lauding the package as smart economics, fellow of Akademi Sains Malaysia Assoc Prof Dr Madeline Berma explained that the implementation of using the expansionary fiscal policy […]
Permit and licence fees for traders to be waived
KUCHING: Several initiatives have been announced by the Sarawak government in the Sarawakku Sayang Special Aid Package to assist Small and Medium Enterprises (SMEs), traders and hotels at these trying times during the Covid-19 outbreak. Chief Minister Datuk Patinggi Abang Johari Tun Openg explained that the Sarawak government would waive the permit and licence fees […]
