中文 / EN / BM Local businesses in Sabah & Sarawak have given their predictions regarding the economic situation for the next 12 months, 74% expects the economy to… Read More Post-RMCO: 265 Sabah &
Along with the diminishing cash flow, local businesses are facing financial woes. Amid the Covid-19 pandemic and the slowing economy, the Malaysia government has stepped up the efforts such as introducing support measures to
It is evident for some businesses in Sabah that are already on the verge of closing down, will the new way of conducting business promise a better return? The new procedures of operating business
The current Covid-19 pandemic has indeed caused much strain on our local companies. Multiple extension of the Movement Control Order (MCO) has caused the locals to struggle financially, even now, there are some industries
The Covid-19 pandemic might be bringing a downturn to all of us; be it to business owners or to its workforce. The Movement Control Order (MCO) however had brought us a totally different normal.
Building the Economy Together The incentives under the Penjana Short-term Economic Recovery Plan (PENJANA) will help to levitate the weak confidence of our local business owners. With the economic recovery plan being plotted accordingly, it is
Inactive business activities for more than 2 months due to the MCO, had lead to diminishing revenues & retrenchment in East Malaysia. Check out our local employers’ opinions about this unprecedented event and on its aftereffects on the current
———————————————————————————————————————— All EPF members may apply for the i-Lestari Account 2 Withdrawal Scheme beginning 1 April 2020. The savings to be deposited into their bank accounts from 1 May 2020. Withdrawal from members’ Account 2 A maximum withdrawal
Wage subsidy Programme – Updated 6th April (PRIHATIN SME+) ———————————————————————————————————————— 1. How to Qualify? What are the eligibility requirements for Wage Subsidy? Both employers and employees need to be registered and have contributed to the Employment Insurance Scheme (EIS). Employers with declining revenue
Bantuan Prihatin Nasional (COVID-19) ———————————————————————————————————————— 1. What is BPN? BPN is one of the government aids that is provided under the economic stimulus package. It is a one-off aid that is given to the B40 and the
Sabah Businesses: Sabah Covid-19 Assistance Package ———————————————————————————————————————— 1: Electricity Bill Discount for 3 months Sabah Government: 15% discount would be given to electricity bills of Commercial and Industrial Users from sectors below from April 2020 to September 2020 Hotel Operation Travel and
Sabahan Workers: Sabah Covid-19 Assistance Package ———————————————————————————————————————— 1: Electricity Bill 30% Discount for 3 months Sabah Government: Discount of 30 percent would be given to electricity bills for a period of three months starting next month. 16,000 of
