By Nadiah Zamlus SHAH ALAM, March 23 — The incentive announced by the Selangor government to hawkers and petty traders would be able to boost moral support while facing the trying times following the implementation of the movement control order. State executive councillor Nge Sze Han said the...

By Ashwin Kumar SHAH ALAM, March 23 — The Federal Government has announced a six-month repayment extension for the National Higher Education Fund (PTPTN) loan to help the borrowers cope with the impact of Covid-19 on the economy. Prime Minister Tan Sri Muhyiddin Yassin, in announcing the...

By Ashwin Kumar SHAH ALAM, March 20 — The Selangor government has announced the state stimulus package (Pakej Rangsangan Selangor Prihatin Covid-19), with a total allocation of RM127.78 million, to cushion the economic impact from the two-week movement control order (MCO) that was implemented on...

By Ida Nadirah Ibrahim SHAH ALAM, March 19 — The Selangor National Security Council has agreed to help the state Health Department by providing additional Covid-19 screening tents at several health centres. Selangor Menteri Besar Dato’ Seri Amirudin Shari, who is also chairman of the council,...

KUALA LUMPUR, Feb 28 — The RM20 billion economic stimulus package will roughly add about 1.4 percentage points to the country’s Gross Domestic Product (GDP) in 2020, which has already been revised lower to between 3.2-4.2 per cent from the government’s earlier target of 4.8 per cent.

KUALA LUMPUR, Feb 27 — Interim Prime Minister Tun Dr Mahathir Mohamad will announce the much-anticipated economic stimulus package later today, in a bid to shield the economy from Covid-19 related impacts on the country’s vital domestic sectors.

KUALA LUMPUR, Feb 27 — The ringgit opened higher today against the US dollar on better demand due to investors’ improved risk appetite ahead of the announcement of the government's economic stimulus package later today.

KUALA LUMPUR, Feb 26 — The ringgit snapped its seven-day losing streak against the US dollar today, lifted by improved investors’ risk appetite ahead of the government's Economic Stimulus Package announcement tomorrow.

KUALA LUMPUR, Feb 26 — The much-awaited economic stimulus package 2020 will be announced as scheduled by the Interim Prime Minister, Tun Dr Mahathir Mohamad at 4 pm tomorrow in Putrajaya.

KUALA LUMPUR, Feb 20 — The impact of the COVID-19 outbreak has resulted in the cancellation of over 157,000 hotel room bookings -- a loss of RM66 million in terms of revenue as of Feb 17, according to the Malaysia Association of Hotels (MAH).

PETALING JAYA, Feb 19 — The government is advising and encouraging industry players whose businesses are affected by the Covid-19 outbreak to retain and retrain their employees to prepare for a rebound.