RM10 billion lifeline will keep small biz afloat, say SME groups

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

Association hopes that non-essential businesses and exporters will be allowed to do business online. FMTNews SME MCO Covid19

SME Association has urged the government to allow exporters and non-essential business to operate online, and for goods to be transported.

“I think with this, a majority of SMEs can survive and still afford to pay their staff. Only employees who earn a very high salary may need to take a pay cut.” Malaysia Retailers Association president James Loke said some clarification were needed on the details of the aid package, and the terms and conditions attached to them.He hoped landlords would reimburse tenants for rent paid during the shutdown period, since the government was giving tax rebates to landlords.Business Media International, which publishes SME Magazine said the expanded wage subsidy would result in a 12% to 20% reduction in costs for most SMEs.

 

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

DAP MPs question Putrajaya's 'tardiness' in new SME stimulus packageCORONAVIRUS | The MPs wonder why the government has not listened to the cries of SMEs. This joker shouldn’t be an MP already.. It is better for the universe if you give yourself a five-knuckle shuffle all day instead of telling the govt agencies how to do their job. Why is there no Parliament oversight for this? An Emergency Parliamentary session should be convened immediately!
Source: malaysiakini - 🏆 20. / 51 Read more »

4.8 million SME workers to benefit from revised wage subsidy programmePETALING JAYA: About 4.8 million workers from small and medium enterprises (SMEs) will benefit from the government's wage subsidy programme, which was increased from RM7.9bil to RM13.8bil. Florida Man diagnosed with CoronavirusPandemic said hydroxycholorquine...
Source: staronline - 🏆 4. / 75 Read more »

Subsidi upah 'hampir seganda', PM bakal umum bantuan RM10 bilion untuk PKSRancangan terbaru ini tambahan kepada pakej Prihatin RM250 bilion. FMTNews PKP Covid19 PKS Lawak. Ini lawak paling kawww... 250b tu dah liquidated semua ke? Dah habis disburse? Rasa macam belom 10 % pun . Dah umum tambahan? Ada yg tak kena.
Source: fmtoday - 🏆 5. / 72 Read more »

Wage subsidy 'to almost double' as PM set to announce RM10 billion help for SMEsThis latest plan is on top of the RM250 billion Prihatin package. FMTNews Prihatin SME
Source: fmtoday - 🏆 5. / 72 Read more »

Putrajaya umum pakej tambahan RM10 bilion untuk PKS | The Malaysian InsightIa meliputi subsidi upah tambahan RM7.9 bilion dan geran khas RM2.1 bilion bagi PKS mikro. Do NOT Pamper the citizen too much to the detriment of the economy. This catastrophy, unlike any previous one, could wipe out almost HALF the world population. Entire world future will be very bleak & We need to SAVE money to withstand the onslaught .
Source: msianinsight - 🏆 8. / 63 Read more »

Muhyiddin umum peruntukan tambahan RM10 bilion bantu PKSDana ini tambahan kepada Pakej Rangsangan Ekonomi Prihatin Rakyat RM250 bilion yang diumumkan bulan lepas. FMTNews PakejRansanganEkonomi PKS
Source: fmtoday - 🏆 5. / 72 Read more »