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Govt approves RM1 19b under Wage Subsidy Programme 2 0 as of May 21, says finance minister | Malaysia

KUALA LUMPUR, June 3 The government has approved wage subsidy applications worth RM1.193 billion under the Wage Subsidy Programme 2.0 (PSU 2.0) as of May 21. Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz said the wage subsidy had benefitted a total of 73,815 employers to continue.

Boost from Penjana Kapital

“It was introduced as part of the government’s economic stimulus package to weather the impact of the Covid-19 pandemic, ” Tengku Zafrul said in his speech at the Penjana Kapital letter of award handover ceremony yesterday. PETALING JAYA: The Dana Penjana Nasional (DPN) programme through Penjana Kapital Sdn Bhd will be the boost for Malaysian startups at the time of the new normal, says Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz. “It was introduced as part of the government’s economic stimulus package to weather the impact of the Covid-19 pandemic, ” he said in his speech at the Penjana Kapital letter of award handover ceremony yesterday.

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