KUALA LUMPUR: According to finance minister Tengku Zafrul Aziz, the Employment Insurance System under the Social Security Organisation (Socso) has successfully channeled RM366.37 million to more than 107,000 people who lost their jobs in 2020. He claimed that as of March 14, this year, Socso had assisted over 18,000 employees who had lost their jobs by channeling RM85.96 million in …

PETALING JAYA: Considering the new Movement Control Orders (MCO) and the state of emergency, which was declared today, the country’s economic recovery from the Covid-19 pandemic will not be affected. Finance Minister Tengku Zafrul Aziz said this was because, with fundraising, trade, and investment activities continuing as normal and with all regulatory functions in place, capital markets will stay open. …

KUALA LUMPUR: Dewan Rakyat was informed today that the decision to close or terminate Malaysia Aviation Group Bhd (MAGB) operations has not yet been finalized. Any decision, Finance Minister Tengku Zafrul Aziz said would depend on the outcome of the MAGB negotiations to restructure the business with creditors and leaseholders. At the same time, Tengku Zafrul claimed that the management …