PENJANA

MyCreative to Leverage PENJANA Mandate to Jumpstart Creative Economy

Kuala Lumpur, 24 July 2020 – MyCreative Ventures Sdn. Bhd. (MyCreative) welcomes the allocation of RM225 million in overall value for the arts, culture, entertainment and event industries under the National Economic Recovery Plan (PENJANA) announced by Prime Minister, YAB Tan Sri Dato’ Haji Muhyiddin bin Haji Mohd Yassin on June 5. MyCreative is pleased …

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Budget 2021 to focus on four broad themes – Tengku Zafrul

Kuala Lumpur, 7 July 2020- Budget 2021 to be unveiled on Nov 6, will be framed across 4 broad themes — caring for the people, steering the economy, sustainable living and enhancing public service delivery, according to Finance Minister Tengku Datuk Seri Zafrul Aziz.          “First on caring for the people, the first goals of the Prihatin Rakyat …

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SME Bank allocates up to RM2.1b for SME Go scheme and SME Technology Transformation Fund

Kuala Lumpur, 1 July 2020- SME Bank is allocating up to RM2.1 billion for the SME Go scheme and the SME Technology Transformation Fund (STTF). The allocation follows the mandate given by Prime Minister Tan Sri Muhyiddin Yassin to revitalise economic activities of small and medium enterprises (SMEs) during the announcement of the National Economic Recovery Plan (Penjana) on June …

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Wage Subsidy Programme saves 2.4 million jobs – Tengku Zafrul

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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GrabMart’s Instant Retail aims to help Malaysian retailers to fill gap caused by New Normal

Kuala Lumpur, 22 June 2020- During the movement control order, many convenience and grocery businesses were able to achieve a three times increase in sales via the GrabMart service. Today, as more businesses are gradually reopening, more consumers are looking for safe, convenient ways to shop for their daily retail needs. In addition to the …

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National Economic Recovery Plan to help revive creative industries in Malaysia

Kuala Lumpur, 18 July 2020- The general view among arts, culture, entertainment and events stakeholders is that the RM225 million funding via the National Economic Recovery Plan (Penjana) will help industries come to life post-pandemic. Malaysian Artistes’ Association (Seniman) president, Rozaidi Jamil (aka Zed Zaidi), said: “The action taken by the Government is right for …

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52 employers, 417 job openings on first day of PenjanaKerjaya

Kuala Lumpur, 17 June 2020– A total of 52 employers have registered under the Employment Recruitment Incentives Programme (PenjanaKerjaya) under the National Economy Recovery Plan (PENJANA), operated by Social Security Organisation (Socso). Socso chief executive officer Datuk Seri Dr Mohammed Azman Aziz Mohammed said the employers are offering 417 job vacancies and he hoped more companies in need of …

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Prime Minister launches digital dashboard developed by LAKSANA

Putrajaya, 16 June 2020- Prime Minister Tan Sri Muhyiddin Yassin today launched a digital dashboard that is capable of linking data from 53 ministries and agencies that are involved in the implementation of the planned stimulus packages worth RM295 billion. The launch was held in conjunction with Muhyiddin’s official working visit to the Economic Stimulus Implementation and …

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MDEC expects 20% e-commerce growth contribution to digital economy this year

Kuala Lumpur, 12 June 2020- The Malaysian Digital Economy Corporation (MDEC) is expecting a 20% growth in e-commerce contribution to the digital economy this year despite the enforced Movement Control Order (MCO) to contain the spread of Covid-19.  In a statement, it said the projected growth could be achieved through the active intervention of various …

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MPC urges industries to leverage on complimentary digital programme to boost productivity

Kuala Lumpur, 9 June 2020- Malaysia Productivity Corporation (MPC) through the Machinery and Equipment Productivity Nexus (MEPN) has urged the industries to leverage on the complimentary digital programmes and advisory service to boost productivity growth. Director-General of MPC Datuk Abdul Latif Abu Seman said the initiatives are in line with the government’s announcement on Short Term Economic Recovery Plan (PENJANA) …

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