KUALA LUMPUR, June 5 – The following are the 40 initiatives under\u00a0the National Economic Recovery Plan (PENJANA) worth RM35 billion announced by Prime Minister Tan Sri Muhyiddin Yassin:<\/p>\n
1\u00a0Wage Subsidy Programme – RM5 billion<\/p>\n
2\u00a0National Employment Services Job Portal Upgrade – to benefit 50,000 unemployed<\/p>\n
3 Hiring and Training Assistance for Businesses – RM1.5 billion<\/p>\n
4 Reskilling and Upskilling Programmes – RM2 billion<\/p>\n<\/div>\n
5 Gig Economy Social Protection and Skilling – RM75 million<\/p>\n
6 Flexible Work Arrangement Incentives – RM800 million<\/p>\n
7 Child Care Subsidy – RM200 million<\/p>\n<\/div>\n
8 MY30 Public Transport Subsidy – RM200 million<\/p>\n
9 Social Assistance Support for Vulnerable Groups – RM108 million<\/p>\n
10 PEKA B40 Healthcare Support – RM50 million<\/p>\n
11 Internet Connectivity for Education and\u00a0Productivity – RM3 billion<\/p>\n
12 Micros and SMEs E-commerce Campaign – RM70 million<\/p>\n
13 \u201cShop Malaysia Online\u201d for Online Consumption – RM70 million<\/p>\n
14 Technical and Digital Adoption for SMEs and MTCs – RM700 million<\/p>\n
15 MyAssist SME One-Stop Shop – RM5 million<\/p>\n
16 PENJANA SME Financing (PSF) – RM2 billion<\/p>\n
17 PENJANA Tourism Financing (PTF) – RM1 billion<\/p>\n
18 PENJANA Microfinancing – RM400 million<\/p>\n
19 Bumiputera Relief Financing – RM500 million<\/p>\n
20 SME Go-scheme for Liquidity Support – RM1.6 billion<\/p>\n
21 Accelerated Payment Terms for GLCs and Large Corporates\u2019\u00a0Supply Chain – to benefit companies in the supply chain of selected GLC and large corporations<\/p>\n
22 Tax Relief for COVID-19-Related Expenses – RM600 million<\/p>\n
23 Financial Stress Support for Businesses – RM2.4 billion<\/p>\n
24 Social Enterprises Elevation – RM10 million<\/p>\n
25 Spurring Set Up of New Businesses – RM300 million<\/p>\n
26 Dana PENJANA Nasional – RM1.2 billion<\/p>\n
27 National Technology and Innovation Sandbox – RM100 million<\/p>\n
28 Digitalisation of Government Service Delivery – RM20 million<\/p>\n
29 National \u201cBuy Malaysia\u201d Campaign – RM20 million<\/p>\n
30 ePENJANA Credits in e-wallet – RM750 million<\/p>\n
31 Incentives for Property Sector – RM1 billion<\/p>\n
32 Tax Incentives for Purchase of Passenger Cars – RM897 million<\/p>\n
33 Extended Service Hours in the New Normal – RM20 million<\/p>\n
34 Malaysia as Attractive Horizon for Businesses – RM50 million<\/p>\n
35 Tourism Sector Support – RM1.8 billion<\/p>\n
36 Arts, Culture, Entertainment, Events and Exhibitions\u00a0Sector Support – RM225 million<\/p>\n
37 Agriculture and Food Sector Support – RM400 million<\/p>\n
38 Commodity Sector Support – RM200 million<\/p>\n
39 Proposed COVID-19 Temporary Measures Act – to benefit manufacturers and renters<\/p>\n
40 Sukuk Prihatin – RM500 million<\/p>\n
<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"
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