KUALA LUMPUR, 15 April 2009: The effects of the fiscal stimulus package and the supportive monetary environment will put the country’s economy in a better position in the second half of the year, Bank Negara Governor Tan Sri Dr Zeti Akhtar Aziz said today. She said even though external economies were contracting, the domestic economy […]
downturn
Stimulus package site launched
PUTRAJAYA, 9 April 2009: The Finance Ministry today launched the economic stimulus package website which enables the public to get details and the latest information on the two stimulus packages announced recently. The website at www.rangsanganekonomi.treasury.gov.my provides a breakdown of the allocations by ministries, and further details for each state. “The website will detail the […]
Help people deal with economic crisis: Raja Nazrin
IPOH, 16 March 2009: The Raja Muda of Perak Raja Dr Nazrin Shah wants people to be kept abreast of the present economic downturn and given guidance on how to deal with it. He called for the sermons and events in mosques to assume the role of helping to deliver the right message to the […]
A bigger and better stimulus plan
By Anna TaingTHE RM60 billion mini budget tabled in Parliament on Tuesday, 10 March 2009 is by far a better and more comprehensive package than the first RM7 billion plan that was announced last November. But then again, the economic environment today has taken a turn for the worst compared to a few months ago, and there […]
Package to stave off economic downturn
KUALA LUMPUR, 10 March 2009: The government today unveiled its second economic stimulus package totalling RM60 billion, comprising initiatives and ideas to invigorate vital sectors to maintain the people’s welfare and prosperity in the face of the global economic downturn. Deputy Prime Minister and Finance Minister Datuk Seri Najib Razak, when tabling the package in […]
More than 10,000 M’sians jobless since 1 Jan
KUALA LUMPUR, 28 Jan 2009: More than 10,000 Malaysians have lost their jobs since 1 Jan, Malaysian Employers Federation (MEF) executive director, Shamsuddin Bardan, disclosed today. He told Bernama that more were expected to be jobless in the days ahead as companies particularly in the manufacturing sector struggle to keep their businesses afloat. In an […]
Penang seeks RM500mil from federal govt
PENANG, 13 Jan 2009: The Penang government has applied for a RM500 million allocation from the federal government for various programmes. These would include programmes for retraining workers and providing business opportunities in the state over the next two years, Chief Minister Lim Guan Eng said today. “I met with Datuk Seri Najib and he […]
