PUTRAJAYA: Households and single individuals who have been listed as the Cost of Living Aid (BSH) recipients do not need to make a new application for the Bantuan Prihatin Nasional (BPN) cash handouts. The Ministry of Finance (MOF) in a statement today said the BPN payments would be made directly to them through their bank…
CYBERJAYA: The Inland Revenue Board (IRB) announced today that its Hasil Care Line (HCL) call centre will resume operations from tomorrow (March 30) to answer questions related to the National Prihatin Aid (BPN) and taxation issues. In a statement issued today, the IRB said the call centre will operate throughout the movement control order (MCO)…
KUALA LUMPUR: Minister of International Trade and Industry Datuk Seri Mohamed Azmin Ali (pix) said today that the Prihatin Rakyat Economic Stimulus Package is to cushion the adverse impact caused by Covid-19 on the population’s well-being. The Prihatin Rakyat package was announced by Prime Minister Tan Sri Muhyiddin Yassin yesterday (Friday). According to the senior…
The COVID-19 pandemic requires sufficient public funding to ensure a comprehensive response. Reprioritizing public spending toward bolstering the economy and the health system requires timely action from government leaders and a supportive public finance environment. Highly-affected countries have taken various approaches to budgetary allocation, depending on their public financial management (PFM) and regulatory systems. Adjustments…
Dr Tedros Adhanom Ghebreyesus, Director-General of the World Health Organization, addressed Heads of State at today’s extraordinary G20 Leaders’ Summit focused on COVID-19. He told them, “You have come together to confront the defining health crisis of our time: We are at war with a virus that threatens to tear us apart – if we…
Whistleblowers are the first line of defence against corruption, crime and cover-ups, according to a 2019 paper by the All–Party Parliamentary Group (APPG) on whistleblowing in the UK. For Sambo Abdullahi, head of internal audit at the Nigerian Bulk Electricity Trading (NBET) Plc, it has been one long tortuous journey. Over the past two years, he has been…
The Nigerian Government on Wednesday proposed $30 per barrel of oil so as to work the 2020 national budget around that. The announcement was made by the Minister of Finance, Zainab Ahmed, in Abuja. Ahmed advised a review of the 2020 budget using a $30 per barrel price benchmark in favour of the previous…
GEORGE TOWN: The Penang government will allocate up to RM75 million under an initiative to rejuvenate the economy that has been ravaged by the Covid-19 pandemic. Chief Minister Chow Kon Yeow (pix) said the money, in the form of financial incentives, will be disbursed in three components. The first is directed at those considered most…
KUALA LUMPUR: The Ministry of Tourism, Arts and Culture (Motac) will introduce a new campaign to replace the Visit Malaysia 2020 (VM2020) campaign, which was cancelled following the Covid-19 situation. Minister Datuk Seri Nancy Shukri said the long-term campaign would capitalise on the ‘Malaysia, Truly Asia’ brand while highlighting the country’s unique experiences. “Motac is…
SoftBank Group said Monday it would sell up to $41 billion in assets to finance a stock buyback, reduce debts and increase its cash reserves after weeks of heavy losses in its shares. Read More https://techxplore.com/news/2020-03-softbank-bn-assets-debt.html Views: 0