Govt reviewing stimulus package measures to help SMEs, says Tok Pa

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

The minister says the finance ministry is working on the aid measures and a final proposal may be ready as early as Monday. FMTNews SME B40 Covid19

Minister in the Prime Minister’s Department Mustapa Mohamed says meetings have been held with SME stakeholders and new proposals are being considered.

Mustapa, commonly known as Tok Pa, said the final proposals could be ready as early as Monday, adding that the finance ministry was in the midst of refining them. Prime Minister Muhyiddin Yassin announced the RM250 billion stimulus package last Friday to cushion the impact of the Covid-19 crisis, with RM100 billion allocated for businesses and SMEs.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Amandachong

Dia ni level khianat boleh tahan juga. Jenis lalang yg kena guna roundup.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

PM should announce economic rescue for SMEs, others missed earlier — Lim Kit Siang | Malay MailAPRIL 1 — We begin today the two-week extension of the movement control order (MCO) till April 14. Although the outcome is still uncertain, the Covid-19 statistics during the MCO give hope that JP Morgan’s grim projection of Malaysia peaking at 6,300 Covid-19 cases in mid-April may be proven... Ignore at your peril Isn't going to happen. Who owns the majority of SMEs? Who are the majority employed by SMEs. They have been trying for years to destroy the SME's stranglehold on certain sectors of the economy. Now they have the opportunity. They will grab it. And say God did it.
Source: malaymail - 🏆 1. / 86 Read more »

Kit Siang piles on pressure for rescue package as SMEs desperately plea for help | Malay MailKUALA LUMPUR, April 1 — DAP’s Lim Kit Siang called today for the government to prepare a rescue package for the nation’s over a million small and medium businesses (SMEs) now facing a grim future as the Covid-19 crisis takes a heavy toll on profits. As experts expect the pandemic’s effect... anwaribrahim IF government needs to help SMEs. Please let it be ONLY SMEs THAT HIRE LOCAL CITIZENS OR AT LEAST 90% LOCALS. Coz the GOV COFFERS BELONG TO MALAYSIA and THOSE LOYAL to this Nation. Not OPPORTUNIST PARASITES who avoid taxes Pls MuhyiddinYassin AzminAli jpmgov_ MOFmalaysia What happened to '... expect no more help from the government'? Are we bailing out companies so they can maintain their lifestyle? Focus on the poor first, and focus on the distributions to the poor. Let them become entrepreneurs. Yes! Poor first, many of the SME with CHN ownerships
Source: malaymail - 🏆 1. / 86 Read more »

SMEs expect more help from the gov't today, says news reportGovt servants getting all the benefits when they get their salaries paid without worry by the Govt . It simply doesn’t make sense when the private sector is the backbone of the Govt . The private sector is badly hit and the Govt should be doing everything for the private sector . corporate greed as the rich keeps all their money and become richer & the poor people will be sacrificed & blame the government. Where is your responsibility? Its global pandemic. Cant you greedy people sacrifice a bit for a month? Only care for themselves only Malaysian
Source: malaysiakini - 🏆 20. / 51 Read more »

SMEs and Covid-19 – a ticking time bomb | The Malaysian Insight
Source: msianinsight - 🏆 8. / 63 Read more »

Bad times ahead for SMEsPETALING JAYA: Thousands of companies could fold and millions of people would lose their jobs in a matter of weeks if the embargo on business activiti...
Source: theSundaily - 🏆 25. / 51 Read more »

Minister promises better aid packages for SMEs | Malay MailALOR SETAR, April 2 — The government will improve existing aid packages given to small and medium-sized Enterprises (SMEs) to help them further mitigate the effects of the Covid-19 pandemic, Entrepreneur and Cooperative Development Minister Datuk Seri Wan Junaidi Tuanku Jaafar...
Source: malaymail - 🏆 1. / 86 Read more »