KUALA LUMPUR, Dec 12 The financial assistance under the National People's Well-Being and Economic Recovery Package (Pemulih), which will end on Dec 31, 2021, has helped Malaysian citizens protect their livelihoods during the Covid-19 pandemic. In late-June this year, the.
Klang Valley businesses gear up for Phase 2 themalaysianreserve.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themalaysianreserve.com Daily Mail and Mail on Sunday newspapers.
THE SME Association of Malaysia urges the government to provide automatic bank loans moratorium, interest free without any condition and extends to six months for all borrowers with immediate effect. With the Movement Control Order (MCO 3.0) total lockdown, President Datuk Michael Kang said at least 40% of small and medium enterprises (SMEs) to shut down their businesses. “SMEs are in need of help immediately and this automatic moratorium is highly required to ease their cash flow.
THE transition of certain states to Phase 2 of the country’s four-phase National Recovery Plan (NRP) is likely to help alleviate some supply chain bottlenecks, but the impact on the real economy could be limited until the major states transition to more relaxed restrictions.The combination of movement restriction orders, shutdown of major parts of manufacturing activity and standard operating procedures (SOPs) have hit the private sector and its employees hard with little to show for, as the number of infections continue to climb to a new record of 11,618 cases yesterday.