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Author: Thamin Abdul

  • Stimulus package will flow over the three months, says Azmin

    Stimulus package will flow over the three months, says Azmin

    Stimulus package will flow over the three months, says Azmin 1

    KUALA LUMPUR: Minister of International Trade and Industry Datuk Seri Mohamed Azmin Ali (pix) said today that the Prihatin Rakyat Economic Stimulus Package is to cushion the adverse impact caused by Covid-19 on the population’s well-being.

    The Prihatin Rakyat package was announced by Prime Minister Tan Sri Muhyiddin Yassin yesterday (Friday).

    According to the senior minister, the situation would simply deteriorate without any form of assistance: “Companies won’t be able to operate and have no choice but to retrench their workers. We have to resort to this (stimulus), to save these workers and help employers not to dismiss them.”

    “But I am confident that this package is not just about three months but will bring about manifold benefits for the future in economic activities and growth,” he said.

    He said this in a programme, Bicara Naratif Pakej Rangsangan Ekonomi that was telecast live today by Radio Televisyen Malaysia (RTM).

    “As we are aware, the world is facing a difficult situation and Malaysia is no exception in the wake of the Covid-19 pandemic and global economic slowdown.

    “Malaysia as an oil producing country is also impacted by falling oil prices. Hence, why we must restructure the country and take the bold step of introducing the RM250 billion stimulus package.

    “Our hope is that when the movement control order (MCO) period is over, we can see a situation that is more reassuring,” he said.

    Azmin revealed that the Finance Ministry has prepared a module and specifics to all the ministries, in line with their respective responsibilities, on the disbursement of assistance to the target groups, which would be monitored by the Economic Stimulus Package Implementation and Coordination of National Agencies Unit (Laksana).

    “We have complete data on the recipients from the B40 and small and medium enterprises (SME).

    “As for the M40, we have some setbacks as I mentioned earlier, the government had given less priority to the category. That’s probably the reason why we do not have the complete data but this will be seen to so they too can have their right to assistance,” he added. — Bernama

    Stimulus package will flow over the three months, says Azmin
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    https://www.thesundaily.my/local/stimulus-package-will-flow-over-the-three-months-says-azmin-XH2191514

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  • Istana Selangor: All visitors to three palaces must undergo temperature checks

    Istana Selangor: All visitors to three palaces must undergo temperature checks

    Istana Selangor: All visitors to three palaces must undergo temperature checks 2

    SHAH ALAM: The Office of the Sultan of Selangor has made it compulsory for all visitors conducting businesses at three palaces in the state to undergo temperature checks before being allowed to enter the areas concerned to prevent the spread of Covid-19.

    Comptroller of the Selangor Royal Household Sawaluddin Md Nor said three units of temperature detectors had been stationed at the main entrance gates of Istana Alam Shah in Klang, Istana Bukit Kayangan and Istana Mestika here for the purpose.

    ‘’All visitors and contractors must first be examined at the main entrances to determine their health. This is important to determine if they have the symptoms for Covid-19,’’ he said via a statement uploaded on the Selangor Royal Office official website, today.

    He said all the palace staff had also undergone a mandatory examination on March 9 and the results had been negative.

    According to Sawaluddin, the Selangor Royal Office was also supplying face and nose masks and sanitation fluid to the personnel required to work in rotation in certain areas until the Movement Control Order (MCO) ended.

    ‘’The residential area of the palace staff in Kampung Seri Alam, Klang is also closely guarded by the police.

    ‘’We also laud the order of the Sultan (of Selangor) who wants all his staff especially those staying in the Kampung Seri Alam area to stay home and not wander outside the area to avoid the risk of being infected by Covid-19,’’ he said. — Bernama

    Istana Selangor: All visitors to three palaces must undergo temperature checks
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    https://www.thesundaily.my/local/istana-selangor-all-visitors-to-three-palaces-must-undergo-temperature-checks-LH2191490

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  • No curfew in Hilir Perak: MB’s Office

    No curfew in Hilir Perak: MB’s Office

    No curfew in Hilir Perak: MB’s Office 3

    IPOH: A WhatsApp message that has gone viral since yesterday, claiming that the Hilir Perak district will be under curfew due to the Covid-19 pandemic, is not true, according to the Perak Mentri Besar’s Office.

    “The Perak Mentri Besar’s Office hereby denies the contents of the message which has gone viral since yesterday,” it said in a statement today.

    The public is advised to verify any information received with the authorities and not to disseminate fake or unauthenticated news.

    The message claimed that the Hilir Perak district would be placed under curfew tomorrow because it is categorised as a red zone.

    As of noon yesterday, a total of 159 positive cases had been recorded in Perak, with 11 of the 12 districts affected.

    Hilir Perak and Kinta are categorised as red zones, while Kampar is the only one yet to be affected. — Bernama

    No curfew in Hilir Perak: MB’s Office
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    https://www.thesundaily.my/local/no-curfew-in-hilir-perak-mb-s-office-CH2191466

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  • Covid-19: 1,000 homeless people in KL to be placed at three PLKN camps

    Covid-19: 1,000 homeless people in KL to be placed at three PLKN camps

    Covid-19: 1,000 homeless people in KL to be placed at three PLKN camps 4

    KUALA LUMPUR: Some 1,000 homeless people in the capital will be placed at three National Service Training Programme (PLKN) camps during the enforcement of the Movement Control Order (MCO) in the country.

    Kuala Lumpur mayor Datuk Nor Hisham Ahmad Dahlan (pix) said the identified camps are in Kuala Kubu Baru, Semenyih and Sepang.

    “We are aware that they don’t have a place to stay during the implementation of the MCO, that is why we are taking this proactive measure.

    “They will be screened and placed at the respective camps based on their health status and citizenship,” he told Bernama today.

    He said Kuala Lumpur City Hall (DBKL) was currently making necessary preparations before carrying out the plan, to be assisted by the Royal Malaysia Police, National Anti-Drugs Agency and other related agencies.

    The MCO, which began nationwide on March 18 to curb the spread of Covid-19, is effective until April 14. — Bernama

    Covid-19: 1,000 homeless people in KL to be placed at three PLKN camps
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    https://www.thesundaily.my/local/covid-19-1000-homeless-people-in-kl-to-be-placed-at-three-plkn-camps-DH2191445

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  • Start with the fundamentals

    Start with the fundamentals

    Learn how to start investing and the broad fundamentals that lead to long-term investing success in this webcast excerpt. 
    Start with the fundamentals
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    https://investornews.vanguard/start-with-the-fundamentals/

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  • What to do when you’re behind on retirement savings

    What to do when you’re behind on retirement savings

    Watch this webcast excerpt to see tips on how to catch up on your retirement savings,
    What to do when you’re behind on retirement savings
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    https://investornews.vanguard/what-to-do-when-youre-behind-on-retirement-savings/

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  • Webcast replay and transcript: Women and investing

    Webcast replay and transcript: Women and investing

    In this webcast, 3 Vanguard investing experts share their perspectives on the unique challenges women investors face
    Webcast replay and transcript: Women and investing
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    https://investornews.vanguard/webcast-replay-women-and-investing/

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  • Our CIO talks expectations, interest rates, and blockchain

    Our CIO talks expectations, interest rates, and blockchain

    An interview with Greg Davis about investment and economic conditions, investor expectations, and technology’s effects on the financial markets.
    Our CIO talks expectations, interest rates, and blockchain
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    https://investornews.vanguard/our-cio-talks-expectations-interest-rates-and-blockchain/

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  • Are ETFs tax-efficient?

    Are ETFs tax-efficient?

    Most ETFs try to track an index, which helps keep capital gains taxes to a minimum. Find out what makes them tax-efficient.
    Are ETFs tax-efficient?
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    https://investornews.vanguard/are-etfs-tax-efficient/

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