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Apply for government assistance packages quickly, SMES told

Apply for government assistance packages quickly, SMES told 18 Apr 2021 / 15:23 H. Pix for illustration purposes. KUALA LUMPUR: Many small and medium enterprises (SMEs) might lose out due to their failure to apply for the government’s assistance packages as they are not aware that the programmes will end by August, a financial educator said today. Funds and incentives under the stimulus packages have helped many eligible SMEs to sustain their businesses during the Covid-19 pandemic, said Amy Seok, chief executive officer of Money Compass Media (M) Sdn Bhd. “SMEs should apply for such assistance quickly as they are set to end when the Movement Control Order is totally lifted,” she told

Saudi HR development fund to support 50% of wages in industrial sector

RIYADH: The Human Resources Development Fund (Hadaf) contributes to providing training and employment support programs for the industrial sector, bearing 50 percent of the wages for employment, training and qualification for jobs. The initiative is part of the launch of the wage support program to stimulate the localization of jobs in the industrial sector in the Kingdom during 2021. The initiative includes “Wusoul” supporting working women whose salaries are less than SR8,000 ($2,133), training programs approved by Hadaf, programs that cover plants that have an industrial license, and job opportunity programs in all regions of the Kingdom. The fund called on the owners of industrial establishments to join the support program and list job opportunities through the national labor portal “Taqat.sa,” to benefit from the fund’s support. The Ministry of Human Resources and Social Development and the Ministry of Industry and Mineral Resources announced the launch of the wage

Saudization wage subsidy program launched

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