Tag: Relief

  • TNB pledges RM150m to support tiered electricity rebate

    TNB pledges RM150m to support tiered electricity rebate

    TNB pledges RM150m to support tiered electricity rebate 1

    KUALA LUMPUR: Tenaga Nasional Berhad (TNB) has pledged RM150 million to support the government’s announcement of a tiered electricity rebate to assist affected Malaysians following the extension of the Movement Control Order (MCO) period until April 14.

    TNB president and chief executive officer Datuk Seri Amir Hamzah Azizan said the reduced electricity bills would be jointly subsidised by the government, TNB as well as funds from the Kumpulan Wang Industri Elektrik (KWIE).

    “TNB is fully supportive of the government’s effort to provide some relief to the affected households as well as committed to channel funds towards initiatives that can directly assist the Malaysians,” he said.

    He said TNB has also recently pledged RM10 million to the Ministry of Health to help replenish diminishing medical supplies at the front lines of the nation’s medical and healthcare institutions in the fight against Covid-19.

    On Friday, the Prime Minister Tan Sri Muhyiddin Yassin announced a tiered rebate for electricity bills of between 15% and 50% for domestic users in Peninsular Malaysia, with almost 90% of residential consumers in Peninsular Malaysia would automatically receive the rebate effective on April 1 until Sept 30.

    It said under the tiered rebate, three million domestic consumers with monthly consumption below 200 kilowatt hour (kWh) would receive 50% rebate, 1.5 million consumers with monthly consumption between 201kWh and 300kWh would receive 25% rebate and 2.2 million consumers with monthly consumption between 301kWh and 600kWh would be receiving 15% rebate.

    Those among the B40 group would be benefiting from the highest rebate rate of 50% that would be reflected in electricity bills beginning May. — Bernama

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  • UBA Donates N5bn To Support Coronavirus Fight In Africa

    UBA Donates N5bn To Support Coronavirus Fight In Africa

    UBA Donates N5bn To Support Coronavirus Fight In Africa 2

    UBA Donates N5bn To Support Coronavirus Fight In Africa 3


    The United Bank for Africa Plc on Thursday announced a donation of N5bn ($14m) through the UBA Foundation to support the fight against Coronavirus.

    The donation will provide significant and much needed support to Nigeria and 19 other African countries by supplying relief materials, critical care facilities, and financial support to governments, according to the bank.

    The donation will be allocated as follows: N1bn to Lagos State Government, N500m to Federal Capital Territory, Abuja, N1bn to the remaining 35 states in Nigeria, N1.5bn to UBA’s presence countries in Africa, N1bn for medical centres with equipment and supplies free telemedicine call centre facility.

    The bank revealed that it will fund a medical centre immediately in Lagos with beds for isolation and ICU facilities, managed and operated in partnership with Heirs Holdings’ healthcare subsidiary, Avon Medical Hospital.

    UBA Group Chairman, Tony Elumelu, said, “This is a time when we must all play our part. This global pandemic must bring citizens, governments and business leaders together – and quickly.

    “As we see a rapidly increasing number of cases of the Coronavirus in Nigeria and Africa, the private sector has to work hand in hand with various governments in stemming the spread of the global pandemic.

    “We commend the efforts of governments and we are keen to partner and contribute our resources to the collective effort that will ensure the response to the pandemic is swift and effective.”

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  • Nigeria’s Ex-Vice President, Atiku, Donates N50m To Coronavirus Fight

    Nigeria’s Ex-Vice President, Atiku, Donates N50m To Coronavirus Fight

    Nigeria’s Ex-Vice President, Atiku, Donates N50m To Coronavirus Fight 4

    Nigeria’s Ex-Vice President, Atiku, Donates N50m To Coronavirus Fight 5


     

    A former Vice President of Nigeria, Atiku Abubakar, has donated N50m in support of government’s effort at combating the outbreak of Coronavirus in the country.

    In a statement he personally signed on Wednesday, Atiku said that he believed the donation will help efforts towards curbing the spread of the pandemic.

    He said, “As the Coronavirus pandemic ravages the world, I applaud the various Nigerian state governments who have proactively taken measures such as issuing stay at home orders, and shutting down non-essential markets and other places of mass gatherings, while also giving guidelines for social distancing.

    “However, we must accept the fact that much of the Nigerian public have a subsistence existence. A large percentage of our people do not have the financial capacity to withstand long periods of self-isolation and even lockdown.

    “It is, therefore, incumbent on the Federal and state governments to provide palliatives to the Nigerian people to enable them to survive, even as they abide by these necessary measures put in place for their own safety.

    “To this end, Priam Group pledges N50m on my behalf as my humble contribution to a relief fund that will form part of the stimulus package.”

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  • Oil Benchmark Slashed To $30 Per Barrel By Nigerian Government

    Oil Benchmark Slashed To $30 Per Barrel By Nigerian Government

    Oil Benchmark Slashed To $30 Per Barrel By Nigerian Government 6

    Oil Benchmark Slashed To $30 Per Barrel By Nigerian Government 7


     

    The Nigerian Government on Wednesday proposed $30 per barrel of oil so as to work the 2020 national budget around that.

    The announcement was made by the Minister of Finance, Zainab Ahmed, in Abuja.

    Ahmed advised a review of the 2020 budget using a $30 per barrel price benchmark in favour of the previous $57.

    She also said, “The privatisation proceeds will be cut by 50 per cent, based on the adverse economic outlook on sales of the Independent Power Projects and other assets.

    “The Federal Government is working on Fiscal Stimulus Measures to provide fiscal relief for taxpayers and key economic sectors.

    “We will incentivise employers to retain and recruit staff during the economic downturn.

    “We will stimulate investment in critical infrastructure; review non-essential tax waivers to optimise revenues, and compliment monetary and trade interventions to respond to the crisis.”

     

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  • Penang govt allocates RM75m to disbursed as aid

    Penang govt allocates RM75m to disbursed as aid

    Penang govt allocates RM75m to disbursed as aid 8

    GEORGE TOWN: The Penang government will allocate up to RM75 million under an initiative to rejuvenate the economy that has been ravaged by the Covid-19 pandemic.

    Chief Minister Chow Kon Yeow (pix) said the money, in the form of financial incentives, will be disbursed in three components.

    The first is directed at those considered most vulnerable. They include hawkers, petty traders, taxi drivers, trishaw peddlers e-hailing drivers, the disabled and those among the low income, or B40, group.

    The second group to benefit from the incentive are the blue collar workers. Chow said the money is meant to help them survive and take care of their families.

    The third component is to help ensure business continuity when the country gets through the crisis.

    Chow, who made the announcement at his daily social media update to the public, said the state government would give a one-off payment of RM500 each to registered petty traders, hawkers, food truck vendors, tour guides, taxi drivers and trishaw peddlers.

    E-hailing drivers will be given RM300 each.

    Those who live in state public housing units will be exempted from paying rent for two months while those who lease lots at the wet markets, food courts and other similar facilities will not have to pay a month’s rent.

    A total of RM3 million from zakat contributions has been set aside to help families of those who have contracted Covid-19.

    Chow said the frontliners from the state’s two city councils will each get RM300 in recognition of their role in helping to curb the spread of the virus.

    Others who will also benefit from the RM300 payout are uniformed personnel serving under the movement control order (MCO) initiative aimed to curtail the growth rate of Covid-19 infections.

    A total of RM10 million has been set aside for the purchase of equipment such as protective suits, surgical masks, hand sanitizers and thermometers.

    Entrepreneurs whose businesses have incurred losses as a result of the MCO will be given interest-free loans under the Penang Business Continuity plan. A total of RM30 million has been allocated for this purpose.

    The 40 state assemblymen will be provided RM30,000 each to finance relief efforts for their constituents affected by the MCO.

    The state will also defer payments for trading lots used by small-scale businesses.

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  • Rohingya who attended tabligh gathering urged to go for screening

    Rohingya who attended tabligh gathering urged to go for screening

    Rohingya who attended tabligh gathering urged to go for screening 9

    KUALA LUMPUR: To contain further spread of Covid-19 in Malaysia, Mercy Malaysia today called on the Rohingya ethnic group who were at the Ijtimak Tabligh gathering at the Sri Petaling Mosque from Feb 28 to March 1, to come forward for Covid-19 screening.

    Programme Operations general manager Mohammad Said Alhudzari Ibrahim said it is estimated that about 500 Rohingya people had joined the tabligh gathering and some of them have been identified.

    He said though some have undergone health screening, others have refused to do so as they feared they would be arrested by the authorities should they report themselves for the testing.

    So far, no Covid-19 positive cases have been identified from among this group.

    “For those who are afraid to come for screening, Mercy Malaysia will contact the nearest District Health Office for further action, once we have the information,“ he said when contacted by Bernama today.

    Mohammad Said Alhudzari said in tracking down the Rohingya Muslims, Mercy Malaysia was working in collaboration with the United Nations High Commissioner for Refugees (UNHCR), Islamic Medical Association of Malaysia (IMARET), Malaysian Relief Agency (MRA), National Crisis Preparedness and Response Centre (CPRC), Ministry of Health (MOH) and Taiwan Buddhist Tzu Chi Foundation (Tzu Chi).

    He said should any of the Rohingya people is found to be Covid-19 positive, Mercy Malaysia would ensure that their family members are quarantined and food aid would be given to them.

    “Money raised for the Covid-19 Pandemic Fund launched on March 18, will be used for this purpose,” he added. – Bernama

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  • Tokyo Games delayed to 2021

    Tokyo Games delayed to 2021

    Tokyo Games delayed to 2021 10

    TOKYO: The Tokyo Olympics were postponed today into 2021, the first such delay in the Games’ 124-year modern history, as the coronavirus crisis wrecked the last international sporting showpiece still standing this year.

    Though a huge blow to Japan, the decision was a relief to thousands of athletes fretting over how to train as the world headed into lockdown over the disease that has claimed more than 16,500 lives.

    Pressure had been building on the International Olympic Committee (IOC) and its powerful president Thomas Bach, with some athletes and sporting bodies critical of the time taken to make an inevitable decision.

    After a call with Bach, Japan’s Prime Minister Shinzo Abe said the July 24 – Aug 9 competition would be rescheduled for the summer of 2021 at the latest as proof of victory over the virus.

    “We asked President Bach to consider postponement of about one year to make it possible for athletes to play in the best condition,“ Abe said.

    “President Bach said he is in agreement 100%.”

    The IOC confirmed that.

    Athletes were disappointed but broadly endorsed the delay, given health risks and disruption to their training as gyms, stadia and swimming pools shut down around the world.

    US skateboarder and gold medal hopeful Nyjah Huston was frustrated, though, especially given his sport was scheduled to make its debut at the Tokyo.

    “When skating finally makes it in the Olympics then it gets postponed,“ the 25-year-old wrote on Instagram, after a delay had begun to look inevitable. “I was feelin (sic) ready too … now I’m going to have to be a year older for this!”

    Despite their disappointment, not to mention the logistical headaches and financial losses coming, a poll showed about 70% of Japanese agreed with a delay.

    Tokyo Governor Yuriko Koike told reporters the delayed Games would still be branded “Tokyo 2020”.

    It was not yet clear whether the 57 percent of athletes who had already secured spots in Tokyo would need to qualify again for the re-arranged Olympics.

    The torch relay was being cancelled. – Reuters

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  • Netflix establishes $100 million virus relief fund

    Netflix establishes $100 million virus relief fund

    Netflix said Friday it is establishing a $100 million relief fund for workers in the worldwide creative community affected by the coronavirus-caused halt of most film and television production.

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  • Nintendo online gaming network back after major outage

    Nintendo online gaming network back after major outage

    Gamers breathed a sigh of relief on Wednesday after the end of a network outage that affected Nintendo’s online games, with internet-based systems under increasing pressure from people staying home over coronavirus.

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  • US airlines seek billions in aid as outbreak cripples travel

    US airlines seek billions in aid as outbreak cripples travel

    U.S. airlines are asking the federal government for grants, loans and tax relief that could easily top $50 billion to help them recover from a sharp downturn in travel due to the new coronavirus.

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