News about Malaysia

KUALA LUMPUR (March 27): The government has announced several measures aimed at assisting the B40 given the challenges brought about by the COVID-19 pandemic and the Movement Control Order (MCO), ranging from one-off cash handouts to rental exemptions.

KUALA LUMPUR (March 27): The government has teamed up with telecommunication companies (telcos), to provide free internet service to Malaysians from April 1 until the end of the Movement Control Order or MCO.

KUALA LUMPUR (March 27): Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz stressed that Malaysia is in a "strong fiscal position" and the country can afford to pump-prime the domestic economy with the RM250 billion Prihatin Package.

KUALA LUMPUR (March 27): The federal government’s RM250 billion economic stimulus package to revive the domestic economy did not leave the micro business owners and hawkers behind.

KUALA LUMPUR (March 27): The updated COVID-19 economic stimulus package by the federal government “leaves no one behind”, said Prime Minister Tan Sri Muhyiddin Yassin, which includes, for the first time, a one-off financial aid for the middle income group (M40).

KUALA LUMPUR (March 27): In a bid to ensure food security during the Movement Control Order (MCO) period, the government has announced an RM1 billion allocation for the nation’s food security fund.

KUALA LUMPUR (March 27): Malaysia has been chosen by the World Health Organization (WHO) as one of the countries to participate in joint research to test the medicine for COVID-19, according to Health Ministry director-general Datuk Dr Noor Hisham Abdullah.

KUALA LUMPUR (March 27): Several measures were announced by the government that were targeted at civil servants, public sector contract workers, as well as pensioners.

KUALA LUMPUR (March 27): The Malaysian Hotel Association (MAH) in response to the Prihatin Economic Stimulus Package announced today said the hotel industry “needs a little bit more help”, as it disclosed that as of now, 2,041 hotel employees in the country have already been laid off due to economic pressures and the extended movement control order (MCO) in light of the COVID-19 pandemic.

KUALA LUMPUR (March 27): Affin Bank Bhd and Affin Islamic Bank Bhd will be offering their retail customers and SME clients non-compounding interest or profit for six months, for term loan and term financing, during the moratorium for financing facilities due to the COVID-19 outbreak in the country.