Tied to its fiscal rule, stimulus packages seem to represent ‘drip feed’ efforts New normal for economic & industry behaviours must also be anticipated or re-imagined
Startups asking if stimulus good enough to survive? Hopes now on today’s specific announcement for SMEs & startups
The pandemic, which is forcing nations to go on lockdowns or movement control orders, have in turn resulted in a sharp rise of online classroom attendance. In Malaysia, BAC Education Group is recording large uptakes among public school students for its online classes.
US$1.04bil in collaboration with BNM covering five key initiatives US$115.5mil micro-SMEs scheme including creative industry & online traders
Less than 3% expect to survive beyond 12 months if current situation persists MaGIC to help entrepreneurs leverage existing incentives, push capacity building
#DigitalVsCovid in-line with ministry’s role to lead Malaysia’s digital economy Will continue to develop new initiatives that will help all Malaysians
150k micro SMEs to benefit from shariah compliant micro-financing through Aspirasi 3-min online process, funding available in 48 hours from SMEs bank accounts
Among the reasons given are staff shortage & uncertain supply chains MyGroser expects to normalise operations again within a day or two
We can either be empowered by new technologies and operating systems that government imposes upon us as a result of Covid-19 pandemic, or be overpowered by them.
Malaysians can maximise the use of e-Learning resources available Provide info on resources to go digital and mitigatethe impact of Covid-19