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Key Japanese lawmaker says third extra budget may not be last

November 30, 2020 5:00 PM

The openness to more spending underscores concerns that rising waves of the virus could derail Japan's recovery.

Malaysia unveils largest budget to reverse first recession in a decade

November 07, 2020 5:00 AM

Malaysia will continue pump-priming its coronavirus-battered economy, with Budget 2021 unveiled yesterday being the nation's largest ever, in a bid to reverse its first recession in over a decade.

Covid-19 war chest being beefed up

November 07, 2020 5:00 AM

KUALA LUMPUR • Malaysia plans to boost its Covid-19 war chest by raising its ceiling by as much as RM20 billion to RM65 billion (S$21.2 billion), Finance Minister Tengku Zafrul Aziz said yesterday.

Malaysia's Opposition unimpressed by budget, says bipartisan demands not met

November 06, 2020 8:48 PM

KUALA LUMPUR - Malaysia's Opposition on Friday (Nov 6) said the federal budget tabled by the Muhyiddin Yassin administration lacked a clear direction for economic recovery post the coronavirus pandemic, as several bipartisan demands made by the opposition remained unfulfilled in the budget.

Malaysia allows pension fund withdrawals to help those who lost jobs

November 06, 2020 6:05 PM

PETALING JAYA (THE STAR/ASIA NEWS NETWORK) - The Malaysian government has announced that members of pension fund Employees Provident Fund (EPF) can withdraw up to RM500 (S$164) a month, RM6,000 over 12 months.

Malaysia plans extra $6.5 billion for special Covid-19 fund

November 06, 2020 5:23 PM

KUALA LUMPUR (REUTERS) - Malaysia's government plans to add a further RM20 billion (S$6.5 billion) to a new fund to deal with the coronavirus pandemic, Finance Minister Tengku Zafrul Abdul Aziz said on Friday (Nov 6).

Highlights of Malaysia's expansionary 2021 budget

November 06, 2020 4:35 PM

KUALA LUMPUR (REUTERS) - Malaysia's government announced an expansionary budget on Friday (Nov 6) aimed at spurring domestic activity as the country grapples with the fallout of the Covid-19 pandemic, setting aside concerns of a growing fiscal deficit for the time being.

Malaysia's Budget 2021 to pump-prime economy hit by coronavirus

November 06, 2020 4:00 PM

Malaysia will continue pump priming its coronavirus-battered economy into the next year, with a 5.4 per cent deficit expected in Budget 2021 being unveiled on Friday (Nov 6) evening.

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