30 Jan 2021 / 15:15 H. Pix for representational purpose only. PUTRAJAYA: The Covid-19 screening programme will be expanded nationwide effective Feb 2, the Human Resources Ministry said. Its minister Datuk Seri M. Saravanan said the expansion was following the re-implementation of the Movement Control Order (MCO) on Jan 13 and the announcement of Malaysian Economic and Rakyat’s Protection Assistance Package (PERMAI) on Jan 18. The screening programme is implemented by the Social Security Organisation (SOCSO) with the cooperation of private clinics throughout the country which provide the RTK Antigen test approved by the Ministry of Health (MoH). SOCSO bears the cost of the test kit while employers only need to pay for the clinic’s service charges, Saravanan said.
Published on: Thursday, January 28, 2021 By: Bernama Text Size: Kuala Lumpur: The government has to date, channelled RM2.55 billion to micro-small and medium enterprises (SMEs) through the Prihatin Special Grant (GKP) and GKP 2.0 programme. Finance Minister Datuk Seri Tengku Zafrul Tengku Abdul Aziz (pic) said for GKP 2.0 under the KITA Prihatin package, new applications and appeals were being perused and cross-checked by the Inland Revenue Board (IRB) and local authorities. “The targeted payment date will be set in March 2021, InsyaAllah,” he said. ADVERTISEMENT For GKP measures alone, he said, the amount disbursed or will be channelled to the people including through GKP PERMAI (Malaysian Economic and Rakyat Protection Assistance), totalled RM3.35 billion.
KUALA LUMPUR (Jan 27): The Wage Subsidy Programme (PSU) announced by the government in 2020 and 2021 amounted to a total of RM20.7 billion. Finance Minister Datuk Seri Tengku Zafrul Tengku Abdul Aziz said the allocation for the Wage Subsidy Programme so far this year amounted to RM3 billion. With the expansion of the scope to include all companies affected by the movement control order (MCO), PSU 3.0 will receive an additional allocation of RM500 million, bringing the amount to RM1.5 billion under PERMAI (the Malaysian Economic and Rakyat Protection Assistance Package). This is on top of RM1.5 billion announced during Budget 2021, he said in the 38th Implementation and Coordination Unit Between National Agencies (LAKSANA) report today.
KUALA LUMPUR (Jan 27): The government s allocation to the Wage Subsidy Programme (PSU) in 2020 and 2021 has amounted to a total of RM20.7 billion and has benefitted more than three million employees, the Ministry of Finance (MoF) said. The ministry also announced that the third phase of the PSU (PSU 3.0) will receive an additional allocation of RM500 million given the expansion of scope to include all companies affected by the Movement Control Order (MCO). This allocation brings the amount given for PSU 3.0 under the PERMAI (Malaysian Economic and Rakyat Protection) assistance package to RM1.5 billion. Together with the earlier RM1.5 billion allocated in Budget 2021, the government has effectively channelled a total of RM3 billion to the programme for the year 2021 alone, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said in the 38th Implementation and Coordination Unit Between National Agencies (LAKSANA) report today.
PETALING JAYA: The various stimulus packages implemented by the Perikatan Nasional government will help businesses and Malaysians from different backgrounds persevere through the socio-economic effects of the Covid-19 pandemic, say economic experts. Prof Datuk Dr John Antony Xavier, vice-chancellor and chief executive of Asian Institute of Medicine, Science and Technology (AIMST) University, said the government had introduced five economic stimulus packages to weather the impact of the pandemic. These include the latest RM15bil Malaysian Economic and Rakyat’s Protection Assistance Package (Permai), comprising 22 initiatives. “Combined, they constitute about RM320bil or 20% of the gross domestic product (GDP), causing the widening of the fiscal deficit to about 6%, ” he said.
KUALA LUMPUR (Bernama): The RM15 billion Permai assistance package is expected to have minimal fiscal impact on the country and the government has no plans to increase the statutory debt level to more than 60 per cent of the nation’s Gross Domestic Product (GDP).
Foreign investors withdrew RM288.2 million net of local equities during the third week of 2021, compared with the RM326.1 million acquired in the preceding week. Bank Islam Malaysia Bhd economist Adam Mohamed Rahim said the week started on a rather sluggish note as international investors sold RM57.2 million net of local equities last Monday, snapping the seven-day buying streak on Bursa Malaysia.
KUALA LUMPUR (Jan 25): The RM15 billion PERMAI assistance package is expected to have a minimal fiscal impact on the country, and the government has no plans to increase the statutory debt level to more than 60% of the nation’s Gross Domestic Product (GDP) for now. Deputy secretary-general of Treasury (Policy) Zakiah Jaafar said the government remains committed to maintaining the fiscal deficit target at 5.4% of the GDP. We are still at the beginning of the year, so we can still re-align government spending based on current priorities and through more prudent spending practices. The government s priority is to ensure spending according to the set limits, strict monitoring and in ensuring that the allocation reaches the target group, she said during
Monday, 25 Jan 2021 11:51 PM MYT A Ringgit note is seen in this illustration photo June 1, 2017. Reuters pic Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, Jan 25 The RM15 billion Permai assistance package is expected to have a minimal fiscal impact on the country, and the government has no plans to increase the statutory debt level to more than 60 per cent of the nation’s Gross Domestic Product (GDP) for now. Deputy secretary-general of Treasury (Policy), Zakiah Jaafar said the government remains committed to maintaining the fiscal deficit target at 5.4 per cent of the GDP.
Published on: Sunday, January 24, 2021 By: Bernama Malaysian frontliners given vaccination. – Bernamapic Kuala Lumpur: The Covid-19 vaccination programme planned by the government is important in order to create herd immunity, allowing the country’s economy to recover, says Ministry of Science, Technology and Innovation (Mosti) official. Mosti deputy secretary-general (technology development, commercialisation and STI services) Dr Mohd Nor Azman Hassan said when herd immunity is achieved, the transmission of Covid-19 could be better controlled. “When we have a large group of people who have achieved immunity to a virus, we can move around and meet one another almost like normal. So the opportunity for us to open the economy is bigger because every citizen or individual has been vaccinated,” he said when appearing on the ‘Bual Bicara’ programme aired on Bernama TV.