Tan Sri Mohd Sheriff Kassim who was a former secretary-general of the Finance Ministry, has said that if the retail prices of fuel and cooking oil in southern Thailand, Indonesia’s Sumatra province and the Philippine islands off Sabah followed market trends, then the subsidised Malaysian fuel and cooking oil would be cheaper. This former top civil servant has called on …

The Department of Tourism is seeking to establish travel coupons that would subsidize the cost of reverse transcription polymerase chain reaction (RT-PCR) swab tests for visitors in an attempt to make travel more accessible. Tourism Secretary Bernadette Romulo-Puyat said in a television interview with the ANC that the DOT aims to join up with the University of the Philippines-Philippine General …

The Minister of Manpower, Ida Fauziyah, said that the distribution of wage or salary subsidies goes smoothly. According to data per 18 September 2020, a realization of stage I salary subsidy distribution has reached 2,484,429 people or 99.83 % of the total stage I recipients of 2.5 million people. For phase II, the distribution has reached 2,980,346 people or 99.34 …

The Minister of Manpower Ida Fauziyah stated that her side was ready to run a government subsidy program for workers affected by COVID-19 with an income of below IDR 5 million. Starting in September 2020, the Minister of Manpower emphasized that salary subsidies would be given to 13.8 million workers of Rp. 600 thousand per month for four months and …

MANILA – The Department of Finance (DoF) has announced that a two-month wage subsidy package worth P16.4-B will be credited to the accounts of more than 2.1 million qualified beneficiary-workers of the Small Business Wage Subsidy (SBWS) program. The Small Business Wage Subsidy (SBWS) program, jointly implemented by the Department of Finance (DOF), Bureau of Internal Revenue (BIR), and the …

The government plans to provide cash and production subsidies for 2.4 million poor farmers, which categorized to be poor across the country, to help them maintain their harvest and survive the COVID-19 crisis. According to Coordinating Economic Minister Airlangga Hartarto on Tuesday, the government will provide a monthly stipend of Rp 600,000 ($38) for the next three months in the …

Krungthai Bank has apologised after the website allowing self-employed people to register to receive financial aid did not work as planned. The state bank, which is responsible for the website, asked people to try again at midnight. Earlier, authorities asked people to start registering at 6pm on Saturday. The Finance Ministry said affected people do not have to rush to …