"The power vested in a chairman is guided by the constitution. I will use the constitutional platform. I'm not a person who ignores the constitution or the law for my own personal gain. We will follow the constitution (for the next course of action)."
Under this programme, dubbed the SME Go-Scheme, Prime Minister Tan Sri Muhyiddin Yassin announced that SME Bank will provide financing support to contractors and vendors who were awarded small Government projects under the Economic Stimulus Package 2020 and the PRIHATIN stimulus package.
Prime Minister Tan Sri Muhyiddin Yassin: To aid the tourism sector, an RM1 billion Penjana Tourism Financing (PTF) facility will be made available to finance transformation initiatives by SMEs in the tourism sector to enable them to remain viable and competitive in the new normal. Details of this fund will be announced by Bank Negara Malaysia (BNM) in July 2020.
The financing facility will be made available in mid-June 2020 with a maximum loan size of RM500,000 per SME.
The new rates are applicable for purchases made from June 15, 2020 to Dec 31, 2020
Under the wage subsidy programme, eligible employers may receive a subsidy of RM600 per employee.
“We would like to take this opportunity to express our gratitude to the Government for taking note of our proposals during our various engagements.”
CBRE|WTW managing director Foo Gee Jen: But the HOC should also be extended to the secondary market. On average, about 65% of transactions are done in the secondary market in a given year.
Associated Chinese Chambers of Commerce & Industry of Malaysia (ACCCIM) head of taxation committee Koong Lin Loong: To create greater vibrancy, we need more foreign buyers to come in as there are only limited local buyers in the market. This is what the newly announced ERP lacks
The latest contract brings Econpile’s orderbook to RM780 million, which will keep it busy for the next two years.
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