CMCO

Wage Subsidy Programme saves 2.4 million jobs – Tengku Zafrul

General

Kuala Lumpur, 23 June 2020- The Wage Subsidy Programme, which was implemented by the government to address COVID-19 and its impact on the country’s economy, has saved 2.4 million jobs, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said. As at June 19, RM4.89 billion had been approved for 303,596 employers for the benefit of over 2.4 million workers compared …

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MDEC embarks on efforts to help SMEs adopt digital technology

Business

Kuala Lumpur, 2 June 2020 – The Malaysia Digital Economy Corporation (MDEC) has embarked on various efforts to help small and medium enterprises (SMEs) adopt digital tools such as remote working, e-commerce and payment-related operations. Its business digital adoption director, Muhundhan Kamarapullai said MDEC is also reinforcing the importance of digital marketing amidst the COVID-19 pandemic and the Conditional Movement Control …

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MEDAC to allocate RM452.8m under entrepreneurs’ business recovery plan

Business

Kuala Lumpur, 25 May 2020- The Ministry of Entrepreneur Development and Cooperatives (MEDAC) will allocate RM452.8 million to assist COVID-19 hit entrepreneurs under a business recovery plan to support the stability of the entrepreneurial ecosystem. The allocation is expected to benefit more than 21,847 micro entrepreneurs, small and medium enterprises, social entrepreneurs, startups and cooperatives. …

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