[ad_1] PETALING JAYA: To support employment and ease the financial burden on companies, Prime Minister Tan Sri Muhyiddin Yassin announced the Salary Subsidy Program (Programa Subsidi Upah or PSU) under the Prihatin economic stimulus package in March 2020 . PSUs are financial assistance programs paid to employers for local employees …
Read More »Solskjaer and Tuchel downplay Haaland’s talk
[ad_1] LONDON: Manchester United manager Ole Gunnar Solskjaer and Chelsea manager Thomas Tuchel have played down reports that their clubs will face off in the race to sign Borussia Dortmund forward Erling Braut Haaland. (pix). Haaland has become one of the best forwards in the world after scoring 21 goals …
Read More »Man scammed of RM1.2 million in investment scam
[ad_1] JOHOR BAHRU: A man claims to have lost Ringgit 1.2 million after being misled by a business partner who had invited him to invest in tourism and real estate locally and abroad. Johor Police Chief Datuk Ayob Khan Mydin Pitchay said the 52-year-old victim who met his business partner …
Read More »Ministry will act on the improper use of the terms ‘franchise’, ‘direct sales’ by companies
[ad_1] Rosol Wahid says there are 1,091 registered franchise brands, of which 700 are local brands. (Photo by Bernama) MELAKA: The Ministry of National Commerce and Consumer Affairs seriously considers the misuse of the terms “franchise” and “direct sales” as an easy way to grow businesses. His deputy minister, Rosol …
Read More »Prihatin’s special grant may not sound like much, but it packs a punch
[ad_1] KUALA LUMPUR: Assistance provided through the Prihatin Special Grant or Geran Khas Prihatin (GKP) shows the government’s concern for the micro and medium enterprises (MSMEs) that are the foundation of the country’s economy. GKP, which aims to help MSMEs that are affected by the Covid-19 pandemic, was introduced during …
Read More »Covid-19: Government willing to spend to save lives and economy
[ad_1] KOTA SAMARAHAN: Tan Sri Muhyiddin Yassin (pix) said that the government is spending a lot to fight the Covid-19 pandemic because it is important to save lives and the national economy. The prime minister said the pandemic was very challenging because it posed a threat to people’s lives and …
Read More »AmBank proposes a private placement to raise an estimate of RM810m
[ad_1] KUALA LUMPUR (April 1): Following its RM2.83 billion settlement with the government in connection with the 1MDB scandal, AMMB Holdings Bhd (AmBank) has proposed a private placement to raise an estimated RM810 million. The group said it plans to issue up to 300 million new shares or 9.97% of …
Read More »VW ‘sorry’ after name change prank flops
[ad_1] FRANKFURT: Auto giant Volkswagen said on March 31 that it regretted a publicity stunt that misled the mainstream media and was criticized by the AFP news agency as a “breach of trust.” The outrage came after Volkswagen said a day earlier in a press release that it would change …
Read More »I-Sinar money should be used to address income shortage due to pandemic
[ad_1] PETALING JAYA: Those who use the Employee Provident Fund (EPF) i-Sinar service should make sure they don’t end up losing everything by investing in speculative instruments, financial experts warned. They added that if these investments are profitable, the money must be returned to the taxpayer’s EPF account. Sunway University …
Read More »Prosecution: Umno receives tainted money, proven by money trail to Najib accounts
[ad_1] KUALA LUMPUR (Bernama): The High Court here on Monday (March 29) heard that Umno and his politicians had received contaminated money attributable to 1Malaysia Development Berhad (1MDB), proven on the basis of the money trace to Datuk Seri’s bank accounts Najib Tun Razak. Assistant District Attorney Liew Horng Bin …
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