From Moratoriums To Subsidies Business Group Makes Lockdown Wish List


 
The association also called for soft loans to be given to businesses, and a six-month wage subsidy programme for all industries, except those which remain open.PETALING JAYA: Loan moratorium, wage subsidy and discounts on utility bills are among the initiatives a major business group wants the government to introduce to help companies survive the two-week lockdown.
In a statement, the Federation of Malaysian Business Associations (FMBA), which comprises a coalition of business groups, said they welcomed the total lockdown which begins on June 1 owing to the worsening Covid-19 situation.
But it said this will bring domestic demand to a halt and have an impact on unemployment, disposable incomes, and investments.
So, FMBA proposed five initiatives the government could take to mitigate the economic risks of the lockdown, namely, an automatic loan moratorium, financial support, wage subsidies, statutory exemptions, and subsidies on utilities.
The association called for the loan moratorium to be similar to that given last year, but this time with zero-interest, and to be extended for seven months, that is until Dec 31.
“It must also include credit and leasing companies, which were not included during the first movement control order (MCO) moratorium.”
It added that only businesses which remained fully operational, like those in the manufacturing, healthcare, and rubber gloves sector should be excluded.
According to FMBA, publicly available data shows the top eight local banks made a total of RM93 billion in profit over the past three years.
“So, given the first moratorium costs banks only RM6.4 billion, another moratorium would only cost banks a fraction of their profits.”
The association also called for soft loans to be given to businesses, and a six-month wage subsidy programme for all industries except those which remain operational.
Under their proposal, FMBA wants a 70% wage subsidy for all staff earning less than RM4,000 and a 30% subsidy (capped at RM3,000) for those who earn above RM4,000.
“(Also) freeze all statutory requirements until Dec 31. This includes, but is not limited to, EPF, Socso, Employment Insurance System, sales and service tax, quit rent, assessment, Companies Commission Of Malaysia submissions, Inland Revenue Board instalments, and foreign worker levy payments among others.”
FMBA also proposed that a 50% discount be given on telecommunication and broadband bills, with non-essential businesses also allowed a 100% waiver for three months.
The finance ministry is expected to announce financial aid for the people and businesses affected by the total lockdown soon.
Earlier this month, with the number of Covid-19 cases on the rise, FMBA said it supported “lives over livelihoods” and that its members were “ready to bite the bullet for the sake of the nation and the people.”
They also called for the National Security Council (MKN) and other relevant authorities to work with the private sector in drawing up tightened SOPs.
FMBA represents 262 business associations and chambers of commerce, comprising 950,000 companies from different sectors, and which employs more than seven million people. - FMT


Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

http://malaysiansmustknowthetruth.blogspot.com/2021/05/from-moratoriums-to-subsidies-business.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MalaysiansMustKnowTheTruth+%28Malaysians+M

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
Amirudin Says Mbs Cms Excluded From Tomorrow S Nsc Meeting On Total Lockdown In Malaysia

Amirudin Says Mbs Cms Excluded From Tomorrow S Nsc Meeting On Total Lockdown In Malaysia

papar berkaitan - pada 21/5/2021 - jumlah : 120 hits
Selangor Mentri Besar Datuk Seri Amirudin Shari speaks during a press conference in Shah Alam May 19 2021 Picture by Yusof Mat IsaKUALA LUMPUR May 20 Selangor Mentri Besar Datuk Seri Amirudin Shari said the National Security Council meeting...
So What Can Open And What Can T From June 1 Under Mco 3 0 Here S A List Of Industries

So What Can Open And What Can T From June 1 Under Mco 3 0 Here S A List Of Industries

papar berkaitan - pada 30/5/2021 - jumlah : 121 hits
Ismail Sabri Yaakob KUALA LUMPUR The food and beverage industry along with health services water and energy utilities transport including ports and airports will be among the essential services sectors allowed to open during the third move
Total Lockdown Children 12 And Under Barred From Public Areas

Total Lockdown Children 12 And Under Barred From Public Areas

papar berkaitan - pada 2/6/2021 - jumlah : 148 hits
Children aged 12 and below have been barred from public areas during the total lockdown with four exceptions The exceptions are for seeking treatment education exercise or in the event of emergencies Children aged 12 and below are not allow...
Essential Services List What Businesses Can Open During Total Lockdown

Essential Services List What Businesses Can Open During Total Lockdown

papar berkaitan - pada 31/5/2021 - jumlah : 174 hits
Defence Minister Ismail Sabri Yaakob today announced all economic and social sectors except those on the essential service list will not be allowed to operate under the total lockdown that will come into force next Tuesday They include offi...
Lockdown 800 Roadblocks Nationwide From June 1

Lockdown 800 Roadblocks Nationwide From June 1

papar berkaitan - pada 30/5/2021 - jumlah : 106 hits
There will be 800 roadblocks mounted nationwide once the total lockdown is enforced on June 1 compared to 600 currently Home Minister Hamzah Zainudin said He said 70 000 members of the police force and agencies under the Home Ministry will ...
Sunday Lite The Final Lockdown

Sunday Lite The Final Lockdown

papar berkaitan - pada 30/5/2021 - jumlah : 127 hits
Kepada sdra penyanyi syabas dan tahniah Cuma saya mohon sdra letakkan atau tulis nama sdra secara clear dan jelas sepanjang video so that orang akan kenal penyanyi berbakat Terima kasih By Syed Akbar Ali
Total Lockdown Adakah Kalian Bersedia

Total Lockdown Adakah Kalian Bersedia

papar berkaitan - pada 30/5/2021 - jumlah : 69 hits
BOB KELANANG Satu perkara jelas yang menjadi persoalan seluruh rakyat yang terkesan adalah apa tindakan proaktif Kerajaan Malaysia dalam membantu rakyat menghadapi Total Lockdown 3 0 ini setakat apa yang dilihat tiada apa pun tindakan tunta...
Tidak Perlu Lockdown Jika Proses Vaksin Tidak Lembab

Tidak Perlu Lockdown Jika Proses Vaksin Tidak Lembab

papar berkaitan - pada 30/5/2021 - jumlah : 65 hits
tidak perlu lockdown jika proses vaksin tidak lembabOleh May 30 2021Tindakan mengisytiharkan Perintah Kawalan Pergerakan penuh atau lockdown tidak diperlukan sekiranya suntikan vaksin dipercepatkan sejak beberapa bulan lalu Ketua Pembangkan...
Maksud Total Lockdown Dan Perbezaannya Dengan Pkp

Maksud Total Lockdown Dan Perbezaannya Dengan Pkp

papar berkaitan - pada 30/5/2021 - jumlah : 189 hits
Perintah berkurung atau lockdown adalah perintah yang tidak membenarkan sesiapa pun melakukan sebarang aktiviti di luar kediaman Tiada langsung pergerakan di luar termasuklah untuk membeli makanan dan keperluan Berbeza dengan PKP yang masih...
Hanya Isu Dalaman Mahathir Sanggup Letak Jawatan

Sekarang Najib Nak Jadi Hero Dulu Kenapa Tak Bela Kami Dr Kontrak

Jangan Terkejut Kalau Laki Mat Salleh Aku Lempang Mulut Bapok Kau Tu Lana Beri Amaran Kepada Michael Ang

Inilah Yang Terjadi Pada Tubuh Anda Jika Anda Minum Air Lemon Setiap Pagi

Kebun Durian Haram Di Hutan Simpan Bukit Cerakah

Umat Kristen Bersuka Cita Akhirnya Zuma Mengakui Dan Percaya Yesus

Menteri Jamin Tiada Tindakan Tapi Polis Siasat Doktor Di Maeps

10 Rooms With Sea Views Full Of Ideas Of Refreshing Decoration



MegaTV Siaran TV Berbayar Pertama Malaysia Yang Gulung Tikar

Biodata Farah Ann Abdul Hadi Atlet Gimnastik Malaysia

10 Negara Paling Banyak Membazir Makanan

7 Istilah Dalam Peribahasa Melayu Yang Ramai Tak Faham Maknanya

Roza Shanina Sniper Wanita Kesatuan Soviet Yang Digeruni Tentera Nazi


Stay Ahead Of The Curve With The Latest Social Data

China Dilanda Ribut Pasir

Permohonan Program Baik Pulih Bina Baru Rumah 2021

Dewan Rakyat Bergegar Mp Pas Dicabar Adakan Undian Dakwa Muhyiddin Ada Majoriti

Gibran Pastikan Anak Usia 12 Hingga 17 Tahun Di Solo Segera Divaksinasi

Lintasarta Gelar Vaksinasi Gotong Royong Untuk Percepatan Herd Immunity