Wage subsidies first line of defence to help SMEs, keep unemployment low
KUALA LUMPUR: Keeping unemployment low by helping small and medium enterprises (SMEs) retain their workers through wage subsidies and loan moratoriums during the pandemic is the first line of defence in helping households, Asia Analytica said. The research and institutional services said the sector formed the backbone of the economy and generate substantial employment. It […]
Sheda Kuching chairman is disappointed
KUCHING: Datuk Sim Kiang Chiok is disappointed that the wage subsidy programme under the Malaysian Economic and Rakyat’s Protection Assistance Package (Permai) will only cater for states under the movement control order (MCO) and only for a month. “My hope is that it can be extended to all states for three months. This will assist […]
Wage subsidy a good one: DUBS
KUCHING: The Sarawak Chamber of Bumiputera Entrepreneurs (DUBS) has welcomed the various initiatives provided in the government’s National Economic Recovery Plan (Penjana) to boost the economy post Covid-19. “This recovery plan has been much anticipated since businesses will need a few months before they can reach their pre conditional movement control order (CMCO) operation level,” […]
Federal special stimulus package for SMEs welcomed
KUCHING: Sarawak Manufacturers Association (SMA) welcomes the federal government’s special stimulus package for small and medium enterprise (SMEs) announced by Prime Minister Tan Sri Muhyiddin Yassin recently. Its president, Joseph Lau, said that the federal government’s review to increase wage subsidy limit from 100 to 200 workers per company showed that the government was concerned […]
Employers to file claim for wage subsidies
KUALA LUMPUR: Employers are to file claims for their employees to benefit from the Wage Subsidy Programme, provided under the people-centric economic stimulus package (Prihatin) 2020. Human Resources Minister Datuk Seri M. Saravanan said under the programme, set to benefit some 3.3 million employees, employers are not allowed to lay off their workers, deduct their salaries or […]
