[ad_1] Finance Minister Tengku Zafrul Aziz says total disbursement of RM11 billion has been approved under the Prihatin economic stimulus package. PETALING JAYA: The finance ministry will give out RM1.7 billion under Bantuan Prihatin Nasional (BPN) to 2.3 million new applications and appeals for the cash aid. The ministry had …
Read More »Bangladesh quarantines hundreds of Myanmar Rohingya rafters on the island
[ad_1] DHAKA: The Bangladeshi navy has rescued some 280 Rohingya Muslims from the Bay of Bengal, towing their stranded boat to an island where they will be quarantined as a precaution against the coronavirus, Coast Guard officials said Saturday, May 9. and naval. The rickety wooden boat was spotted early …
Read More »Australia’s largest states stop relaxing COVID-19 blocks
[ad_1] MELBOURNE (Reuters) – Australia’s most populous states refrained from easing COVID-19 restrictions on Saturday, even as some states allowed small gatherings and prepared to open restaurants in line with the federal government’s three-stage plan to reopen businesses . Prime Minister Scott Morrison outlined plans on Friday to remove most …
Read More »Wandering Employers Will Face Actions
[ad_1] KUALA LUMPUR: The Social Security Organization (Socso) has reminded employers to meet the conditions and be honest when submitting applications for the Salary Subsidy Program (PSU) and the Employment Retention Program (ERP). Its chief executive, Datuk Sri, Dr. Mohammed Azman Aziz Mohammed, said in a statement yesterday that employers …
Read More »The revocation of the United States prevents the UN vote on the pandemic truce
[ad_1] UNITED NATIONS, United States: The United States surprised other members of the UN Security Council on Friday (May 8) by preventing the vote on a resolution for a ceasefire in various conflicts around the world to help nations struggling to better combat the coronavirus pandemic, diplomats said. Washington’s reversal …
Read More »PNB Truth Time | The star
[ad_1] When Tan Sri Zeti Akhtar Aziz stepped in as president of Permodalan Nasional Bhd (PNB) in 2018, he recognized that the fund must quickly diversify into foreign investment as it faces declining revenue. The local stock market as measured by the performance of the benchmark FBM KLCI has shrunk …
Read More »RMAF flies latest batch of 19 home to Sabah, Sarawak and Labuan
[ad_1] PETALING JAYA: A total of 19 Malaysians, including those who were working and studying overseas, were sent back to Labuan, Sabah and Sarawak after undergoing quarantine in the peninsula. They were flown home on the Royal Malaysia Air Force’s (RMAF) A400M aircraft, which was also used to send medical …
Read More »US accuses China, Russia of coordinating on virus conspiracies
[ad_1] WASHINGTON: The United States on Friday accused China and Russia of stepping up cooperation to spread false narratives over the coronavirus pandemic, saying Beijing was increasingly adopting techniques honored by Moscow. “Even before the Covid-19 crisis we assessed at a certain level of coordination between Russia and the PRC …
Read More »EPF approves RM1.66 bil withdrawal by 3.5 million taxpayers
[ad_1] The EPF i-Lestari initiative was launched last month to help taxpayers meet their basic monthly financial needs during the Covid-19 pandemic. KOTA KINABALU: The Employees Provident Fund (EPF) approved withdrawals totaling RM1.66 billion for 3.5 million taxpayers under the i-Lestari initiative launched last month, said Deputy Finance Minister I …
Read More »Fund managers to keep on investing
[ad_1] HOW the investment landscape has changed since February. As Malaysia enters Day 53 of the movement control order (MCO), uncertainty and fear still permeates the economy. Over the past few weeks, the market has started hearing of businesses, particularly hotels, ceasing operations. Most analysts have downgraded corporate earnings this …
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