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The State of the Nation: Greater visibility on vaccine timeline as MCO 2.0 extended


LIKE his peers in Singapore and Indonesia, Prime Minister Tan Sri Muhyiddin Yassin is expected to be inoculated against Covid-19 on national TV soon after the first batch of the Pfizer-BioNTech vaccine arrives in Malaysia on Feb 26. That he only needed to test negative for the coronavirus but not serve quarantine before meeting Indonesian President Joko Widodo in Jakarta on Feb 5 may well be due to the fact, in part, that Widodo had received his second dose of Sinovac Biotech’s vaccine on Jan 27.
Malaysia should enjoy some semblance of “normalcy” by the third quarter of this year if the national vaccination programme goes well and vaccine supply comes in within the reported indicative timeline (see table). ....

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Bank Negara allocates additional RM2bil for targeted relief and recovery facility


KUALA LUMPUR (Bernama): Bank Negara Malaysia (BNM) has announced an additional allocation of RM2bil for the Targeted Relief and Recovery Facility (TRRF), as well as the establishment of a RM200mil Disaster Relief Facility (DRF) 2021.
In a statement on Friday (Feb 5), BNM said the additional allocation brings the TRRF to a total of RM4bil, and the facility is available until Dec 31,2021, or until full utilisation, whichever is earlier.
“Small and medium enterprises (SMEs) that are recipients of the Special Relief Facility and the National Economic Recovery Plan’s (Penjana) SME Financing are now eligible to apply for TRRF, subject to total financing not exceeding RM500,000. ....

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BNM allocates extra RM2b for Targeted Relief and Recovery Facility, sets up RM200m Disaster Relief Facility 2021


KUALA LUMPUR (Feb 5): Bank Negara Malaysia (BNM) announced today an additional allocation of RM2 billion for the Targeted Relief and Recovery Facility (TRRF) and the establishment of a RM200 million Disaster Relief Facility (DRF) 2021.
BNM said in a statement it would increase the allocation for the TRRF by another RM2 billion, increasing the total allocation of the facility to RM4 billion.
The facility will be available until Dec 31, 2021 or full utilisation, whichever is earlier, it said.
The bank also noted that small and medium enterprises (SMEs) that are recipients of the Special Relief Facility and PENJANA SME Financing are now eligible to apply for the TRRF, subject to a total financing limit not exceeding RM500,000. ....

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