Malaysia

Kuala Lumpur (VNA) - The Malaysian government on April 6 unveiled an additional stimulus package worth 10 billion ringgit (2.3 billion USD) to support small- and medium-sized enterprises (SMEs) affected by the COVID-19 outbreak. In a live televised address, Prime Minister Muhyiddin Yassin noted that SMEs contributed to 40 percent of the economy, adding that it was therefore necessary to sustain the companies through these trying times.   Earlier, on March 27, the PM announced an economic stimulus package worth 250 billion ringgit, after the launch of the movement control order (MCO), which was initially effective from March 18 to 31, but later is extended until the end of April 14. Malaysia is taking measures to contain the spread of COVID-19 in the community. By the end of April 5, Malaysia had recorded a total of 3,662 cases, including 61 deaths./. … [Read more...] about Malaysia announces another stimulus package to cope with COVID-19

As the country’s ‘flower metropolis’, Da Lat exports only 10 percent of its output. The exporters are large companies, especially foreign invested companies. Da Lat’s flowers are mostly exported to Japan (over 60 percent), Australia, Denmark, Thailand, Malaysia, Singapore and South Korea. … [Read more...] about Only 10 percent of Da Lat’s flowers can be exported

Meanwhile in Malaysia, under the latest decision by Prime Minister Muhyddin Yassin, all mass gatherings, including religious, sports, cultural and social activities are prohibited. All schools, training and business facilities will also be closed, except for supermarkets, traditional markets and convenience stores. Malaysians are restricted from traveling abroad while repatriated citizens will have to be quarantined for two weeks. … [Read more...] about ASEAN strengthens measures to control COVID-19