Q1: What is BSN Micro/i Kredit Prihatin? BSN Micro/i Kredit Prihatin is a micro financing / loan scheme offered to micro enterprises whose business is affected by the COVID-19 outbreak. Q2: Who is eligible to apply for BSN Micro/i Kredit Prihatin? Micro entrepreneurs...
The Covid-19 pandemic is rocking the global economy unlike anything seen before. With countries enforcing lockdowns resulting in business and borders getting shut temporarily, things are not looking particularly healthy for markets everywhere.
Wage Subsidy Program (WSP) – Comparison between Employment Retention Program (ERP) and WSP (Latest updated: 7 April 2020)
1. When WSP start effective and when is the last application? WSP start effective from 1 April 2020. WSP cover for 3 months effective from 1st April 2020 or from the month applied. Last day of application of WSP is 15 September 2020. 2. Important features of WSP:...
On 6 April 2020, Malaysia government has announced further RM10 Billion for SMEs Fiscal Stimulus 3, which highlighted on Wages Subsidy Programme 2.0
The question is: Are we ready to work from home? From an operational point of view, moving resources that are usually in the office to our homes in order to carry out daily tasks can be quite a challenge. Let’s look at three of these challenges: Connection to...
Inland Revenue Board of Malaysia (IRBM) has updated its FAQs on 3rd April 2020, related to tax matters during the extended Movement Control Order (MCO)
The whole world is under the cloud of COVID-19, more so Malaysia with the sudden spike in infection cases. With the government declaring a movement control order on 16 March 2020, countless SMEs are likely to be caught off guard due to their lack of resources and facilities to continue functioning under these circumstances.
Inland Revenue Board of Malaysia (IRBM) has announced amended Income Tax Return Form Filling Schedule for the year 2020 due to Movement Control Order (MCO)
An allocation of RM130mil has also been announced and will be distributed equally to all states, regardless of which political party is heading it