Kuala Lumpur, 30 July 2020 - The three months moratorium extension for individuals whose livelihood is affected by Covid-19 was important to create a framework for business support and economic recovery for the country as it emerges from the pandemic.
The National Chamber of Commerce and Industry of Malaysia (NCCIM)...
Kuala Lumpur, 28 July 2020 – Ata Plus, a Recognised Market Operator (RMO) registered with the Securities Commission Malaysia, today announced that it has entered into a binding agreement to dispose 15% equity interest to GreenPro Capital Corp (GreenPro). - a NASDAQ-listed (Nasdaq: GRNQ) multinational conglomerate with a portfolio...
Kuala Lumpur, 27 July 2020- The arts, culture, entertainment and event industries have been thrown a lifeline via the allocation of RM225 million in overall value under the National Economic Recovery Plan (PENJANA) announced by Prime Minister, YAB Tan Sri Dato’ Haji Muhyiddin bin Haji Mohd Yassin on June...
Kuala Lumpur, 23 July 2020 - MyCreative Ventures Sdn. Bhd. (MyCreative) welcomes the allocation of RM225 million in overall value for the arts, culture, entertainment and event industries under the National Economic Recovery Plan (PENJANA) announced by Prime Minister, YAB Tan Sri Dato' Haji Muhyiddin bin Haji Mohd Yassin...
Kuala Lumpur, 23 July 2020 - The government will address three issues in the long-term economic recovery plan including red tape and regulatory reform, says Minister in the Prime Minister's Department (Economy) Datuk Seri Mustapa Mohamed.
Citing an example, he said the World Bank has revealed that businesses in the country need...
Kuala Lumpur, 22 July 2020 - CIMB Group maintains its 2019-2020 commitment to provide RM15 billion funding for local small and medium enterprises (SMEs) while developing various programmes and initiatives to help them get back into the economy amid the challenges of COVID-19.
CIMB Islamic Bank Bhd chief executive officer (CEO) Ahmad Shahriman Mohd Shariff said the current challenges brought...
Kuala Lumpur, 21 July 2020 - Zecon Berhad has proposed to raise capital via a rights issue to address its current funding requirements to meet its short term obligations and liabilities as well as strengthen its financial position.
The exercise could raise proceeds of between RM19.4 million (minimum scenario) to...
Kuala Lumpur, 21 July 2020 - A TOTAL of 313,000 employers and 2.5 million workers have benefited from wage subsidy assistance worth RM7.4 billion under the Prihatin Rakyat Economic Stimulus Package (PRIHATIN), the Prime Minister’s Office (PMO) said today.
It also said 68,336 e-hailing drivers had received a RM500 cash...
Kuala Lumpur, 20 July 2020 - The Ministry of Entrepreneur Development and Cooperatives and the Ministry of Finance are in discussion to increase funds for TEKUN Nasional to channel additional assistance to small and medium enterprises (SMEs) affected by COVID-19.
Entrepreneur Development and Cooperatives Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar said the...