Socso approved almost RM9b in wage subsidies as of July 31, says finance minister | Malay Mail

Tuesday, 11 Aug 2020 07:28 PM MYTKUALA LUMPUR, Aug 11 — The Social Security Organisation has approved RM8.99 billion under

“This action was taken following complaints received from the public that a handful of employers who received the subsidy were still laying off employees or imposing pay cuts without their employees’ consent,” he said in a statement today, announcing the 16th Laksana report on the implementation of the Prihatin Rakyat Economic Stimulus Package & National Economic Recovery Plan .or call 1300 228 000 for further action.

From that total, RM6.8 million has been disbursed, benefiting 900 micro small and medium enterprises. It is an ePenjana initiative, aimed at helping eligible Malaysians as well as boosting consumer spending through the RM50 credit-match incentives.

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Malaysia's palm oil stocks down 10.55pc in July, says MPOB | Malay MailKUALA LUMPUR, Aug 10 — Malaysia's total palm oil stocks fell 10.55 per cent to 1.698 million tonnes in July from 1.898 million tonnes recorded in the previous month, says the Malaysian Palm Oil Board (MPOB). In its latest report on the industry's performance, the MPOB said today crude palm oil...
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