Amazon.com Inc notified sellers that its programme known as Amazon Lending would pause repayments beginning today until April 30. ― Reuters pic
The programme has offered sums between US$1,000 and US$750,000 to merchants looking for capital to acquire inventory, expand their product lines and advertise on Amazon. As Americans turn to online shopping while quarantined, many online sellers, who are small and medium-sized businesses, are facing cash flow constraints amid supply chain and logistics issues caused by the outbreak. EBay Inc, another major online marketplace, said yesterday it will defer most selling fees for merchants for 30 days.
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Covid-19: Some Singaporeans continue to travel overseas despite govt advisory warning against it | Malay MailSINGAPORE, March 25 — Last Tuesday (March 17), a group of 19 Singaporeans bundled in two minivans with luggage in tow and drove to Mersing to take a boat to Tioman Island, off the east coast of Malaysia. The group of extended family members, with ages ranging from four to 54, were in a rush...
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Covid-19: USM details plans for post-MCO operations | Malay MailKUALA LUMPUR, March 25 — Universiti Sains Malaysia (USM) has announced it will introduce a new academic calendar once the movement control order (MCO) comes to an end. USM vice-chancellor Prof Dr Faisal Rafiq Mahamd Adikan said this was following an open discussion involving up to 73,000 people,...
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Pakatan calls for RM150b stimulus to aid SMEs, moratorium on utility bills | Malay MailKUALA LUMPUR, March 25 — The Opposition has called for an additional RM150 billion stimulus package to help small businesses hit by the Covid-19 crisis stay afloat, direct cash assistance to lower income households and a moratorium on utility payments. The recommendations followed the Perikatan... Mana ada duit.... Kan ph kata najib dah curi...... Comfirm ph bodoh
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Ensure essential supply chains run smoothly or risk chaos, Pakatan tells Putrajaya | Malay MailKUALA LUMPUR, March 26 — Pakatan Harapan (PH) today called on Putrajaya to ensure the supply chains for several sectors run smoothly, especially for food and agriculture, warning instead of possible chaos if the matter is not addressed. In a statement today, the PH Secretariat listed several...
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At least RM100b needed to shield economy from Covid-19 fallout, think tanks suggest | Malay MailKUALA LUMPUR, March 25 — Two think tanks have suggested that a significant stimulus package amounting to nearly 10 per cent of GDP is needed to keep the Covid-19-hit economy from tanking. Just how much exactly is needed may vary, but both Research For Social Advancement (Refsa) and the Malaysian...
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Lift Covid-19 shutdown in stages to avoid returning rush, academics moot | Malay MailKUALA LUMPUR, March 25 — The Academy of Professors Malaysia (APM) has proposed the movement control order (MCO) over the Covid-19 pandemic, which has been extended to April 14, to be lifted in stages instead of all at once. Its president Prof Datuk Seri Daeng Nasir Daeng Ibrahim said the...
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