Zafrul Abdul Aziz

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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Economic Recovery Plan to cushion economy from sharp contraction — Affin Hwang Capital

Kuala Lumpur, 3 June 2020- Affin Hwang Capital expects the upcoming Short-Term Economic Recovery Plan (ERP) to cushion the domestic economy from a sharp contraction. It said the government had previously announced a RM266 billion Economic Stimulus Package (PRIHATIN) to provide short term relief of about three to six months of assistance to support the …

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RM3 billion loans approved for 6,840 SMEs – Tengku Zafrul

Kuala Lumpur, 6 May 2020 -Loans totalling RM3 billion have been approved and accepted by 6,840 small and medium enterprises (SMEs) under the government’s easy financing scheme until May 5, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said. The amount was an increase from RM1.5 billion extended to 3,363 SMEs until April 26. He said the majority of the amount came from …

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