Business

PM announces ‘Kita Prihatin’ wage subsidy scheme

[ad_1] PETALING JAYA: The government has announced a second wage subsidy scheme to help companies that are still affected by the Covid-19 pandemic. Prime Minister Tan Sri Muhyiddin Yassin said the subsidy would be awarded to companies that are experiencing a revenue reduction of up to 30% compared to last …

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Construction Industry Seeks Government Help

[ad_1] PETALING JAYA: With the loan moratorium ending in a week, companies in the construction industry, with affected cash flow, are asking for government intervention. Industry contributes 5% of gross domestic product (GDP), along with 1.46 million jobs in 20 other sectors. Although most have resumed operations during the recovery …

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