Government channels RM20 bln for wage subsidy programme
KUALA LUMPUR: The government has channelled a total of RM20.936 billion to 357,929 employers through the Wage Subsidy Programme (PSU) as at July 29, 2022, to maintain the employment of 2.96 million local workers. Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said the effort was aimed at reducing the unemployment rate among Malaysian workers. […]
Federation welcomes latest economic recovery package
KUCHING: The Sarawak Business Federation (SBF) believes that measures under the newly announced National People’s Wellbeing and Economic Recovery Package (Pemulih) will help businesses and the public to cope with financial difficulties during this trying time. SBF secretary-general Jonathan Chai said SBF welcomed the RM150 billion Pemulih package unveiled by Prime Minister Tan Sri Muhyiddin […]
Govt launches Pemulih package worth RM150 bln, including fiscal injection of RM10 bln
KUALA LUMPUR: The government has today launched the National People’s Well-Being and Economic Recovery Package (Pemulih) worth RM150 billion, comprising the government’s direct fiscal injection of RM10 billion, aimed at providing comprehensive assistance to the people and focusing on three main focuses, Prime Minister Tan Sri Muhyiddin Yassin said. According to him, the three focuses […]
Government extended Wage Subsidy Programme due to its effectiveness
KUALA LUMPUR: The successful implementation of the Wage Subsidy Programme by the Social Security Organisation (Socso) in rescuing 4.7 million workers and 498,882 employers previously had prompted the government to extend it for another month through Pemerkasa Plus, says Human Resources Minister Datuk Seri M Saravanan. He said the effort indirectly provided relief to the […]
Call to continue wage subsidy programme
KUCHING: Sarawak Entrepreneur Association (SEA) president Nizam Khalyd urges the state government to work closely with the federal government to continue the Wage Subsidy Programme, which Sarawak was left out of in the previous movement control order (MCO). He said this would certainly have a positive impact during the Covid-19 pandemic, especially for businesses who […]
Wage subsidy programme termination will not increase unemployment rate
KUALA LUMPUR: The termination of the Wage Subsidy Programme (PSU) will not contribute to increase in layoffs or unemployment rate, said Social Security Organisation (Socso) chief executive Datuk Seri Dr Mohammed Azman Aziz Mohammed. He said this was based on the results of a survey conducted by the EIS-UPMCS Centre for Future Labour Market (EU-ERA) […]
Wage subsidy programme for employers in non-MCO states too, please?
KUALA LUMPUR: The Malaysian Economic and Rakyat’s Protection Assistance Package (Permai) is a much-needed relief and support for Malaysians in the face of the prevailing health and economic crises, says Malaysian Employers Federation (MEF). Its president Datuk Dr Syed Hussain Syed Husman applauded the government’s timely interventions for combating Covid-19, safeguarding the people’s welfare and […]
