Connect with us


SMEs In MCO States To Receive Financial Assistance Of RM1,000 Each


Street Vendor
Source: Facebook & Today Online

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

In Prime Minister Muhyiddin Yassin’s press conference today (18 January) regarding the special aid package, he announced that small and medium-sized enterprises (SMEs) in Movement Control Order (MCO) states will be receiving financial assistance of RM1,000 each.

He said that during Budget 2021, the government had initially announced that street vendors and petty traders in Sabah would be receiving RM1,000 each.


However, Muhyiddin added that the government would now be expanding the financial assistance to 500,000 SMEs in seven states currently under MCO with an allocation of RM1,000 each.

On the other hand, 300,000 SMEs in other states will receive an allocation of RM500 each.

Muhyiddin also ensured that if a state turns into a red zone and the MCO is implemented, the government is ready to assist by allocating additional financial assistance to the SMEs in the affected states immediately.


Also read: Bus, Taxi & E-Hailing Drivers To Receive One-Off Financial Assistance Of RM500 Each


Source: Twitter

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

Just In

Fucuk Ft Fucuk Ft
News17 mins ago

Health Department Shuts Down Filthy Fucuk Factory In Penang, Compounded RM5,500

A fucuk (thin dried tofu sheets) processing factory in Nibong Tebal, Penang has been ordered to close immediately for two...

Ft Cough Ft Cough
News4 hours ago

MOH Researchers Developing AI To Detect Covid-19 Through Sound Of Cough, To Be Available To Public Next Year

As we get more and more advanced in our war against Covid-19, a number of technological and scientific advancements have...

Biscuit Ft Biscuit Ft
News4 hours ago

MOH Confirms Locally-Produced Biscuits Are Safe To Eat Following HK Consumer Report

Recently, the Ministry of Health (MOH) has addressed the acrylamide and glycidol contamination issue that was brought up by the...

Sddscsdcsdc Sddscsdcsdc
News4 hours ago

BN Fined RM10,000 For Political Gathering In KL, Syed Saddiq Cries Foul Over Double Standards

Barisan Nasional (BN) has been fined RM10,000 for violating the standard operating procedures (SOP) of Phase 4 of the National...

Asdsada Asdsada
News7 hours ago

80yo Man In Sabah Sentenced To 10 Years In Prison For Possession Of Drugs

An 80-year-old man has been sentenced to 10 years in prison for possession of 30.75 grams of drugs after he...

Ft Muda Ft Muda
News23 hours ago

Syed Saddiq Announces That MUDA Will Contest In Upcoming Melaka State Elections

Despite the fact that the Malaysian United Democratic Alliance (MUDA), founded by Muar MP, Syed Saddiq is yet to be...

Sinovac Trial Children Sinovac Trial Children
News1 day ago

3 To 11-Year-Old Malaysian Children To Join Sinovac Clinical Trial Starting In November

As of now, those who are below the age of 12 are not eligible for the vaccines, which has caused...

Window Break Ft Window Break Ft
News1 day ago

39yo Man With Mental Issues Arrested After Breaking 12 Car Windows With An Iron Rod In Banting

Police have arrested a man who is believed to have broken the windows of 12 cars in the parking lot...


Latest Videos