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Enhanced wage subsidies, advanced EPF withdrawals and more in Malaysia's RM15bn PERMAI package


Enhanced wage subsidies, advanced EPF withdrawals and more in Malaysia s RM15bn PERMAI package
Details
Published: 19 January 2021
The new package, announced on 18 January, will see the enhancement of the Wage Subsidy Programme, whereby all employers operating in the MCO states will be eligible to apply, irrespective of their sector.
Malaysia s Prime Minister Tan Sri Muhyiddin Yassin has announced a new assistance package, as part of the Government s ongoing efforts in ensuring the Rakyat s wellbeing, business continuity and economic resilience.
Named Perlindungan Ekonomi dan Rakyat Malaysia (PERMAI), the RM15bn package will improve on the existing, ongoing initiatives introduced in the previous assistance packages, and accelerate the implementation of related initiatives, PM Muhyiddin said.   ....

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