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Covid-19 forces closure of 32,000 SMEs, Parliament told |
Posted by: superadmin - 11-09-2020, 03:38 PM - Forum: Business. Economy and Investment
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PETALING JAYA: More than 30,000 small- and medium-sized enterprises (SMEs) have closed shop since the movement control order (MCO) was implemented in March.
Entrepreneur Development and Cooperatives Minister Wan Junaidi Tuanku Jaafar today said 9,675 SMEs ceased operations during the first phase of the MCO from March 18 to June 9, and 22,794 during the recovery MCO (RMCO) phase from June to September.
“The highest figure was recorded in August with 17,800 SMEs ending operations,” he said, citing statistics from the Companies Commission of Malaysia, in a parliamentary written reply to June Leow Hsiad Hui (PH-Hulu Selangor).
Leow wanted to know the number of SMEs that had closed shop since the MCO was enforced to stem the spread of Covid-19 and what the ministry was doing to counter this.
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US election 2020: What legal challenges is Trump planning? |
Posted by: superadmin - 11-09-2020, 12:10 PM - Forum: Politics
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Democrat Joe Biden has been declared president-elect, but President Donald Trump is still planning legal challenges to the results in some key states.
His lawyer Rudy Giuliani told Fox News that it would be wrong for Mr Trump to concede because: "There is strong evidence that this was an election that in at least three or four states, and possibly 10, it was stolen."
The Trump campaign is yet to provide this "strong evidence" but says it plans to lodge lawsuits in several key states on Monday.
Here's what we know so far.
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Jared Kushner, Melania Trump advise Trump to accept election loss |
Posted by: superadmin - 11-09-2020, 11:53 AM - Forum: Politics
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(CNN)President Donald Trump's inner circle is beginning to split over his ongoing refusal to accept the results of the 2020 election, as Jared Kushner and first lady Melania Trump advised him to come to terms with President-elect Joe Biden's victory and his adult sons pressed him and allies to keep fighting.
Kushner, the President's son-in-law and senior adviser, has approached him to concede, two sources told CNN. The first lady, according to a separate source familiar with the conversations, has privately said the time has come for him to accept the election loss.
Meanwhile, Trump's two adult sons, Donald Jr. and Eric, have urged allies to continue pressing on and they have pushed Republicans and supporters to publicly reject the results even as CNN and other news organizations projected the race for Biden on Saturday.
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32% of EPF contributors have only RM1,000 in Account 1, says Tengku Zafrul |
Posted by: superadmin - 11-09-2020, 11:32 AM - Forum: Local News
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PETALING JAYA: Some 32% of Employees Provident Fund contributors (EPF) have a balance of around RM1,000 in their Account 1, Finance Minister Tengku Zafrul Aziz has revealed.
In an interview on TV3 last night, Tengku Zafrul also said 10% have a balance of around RM5,000 and below in their Account 1.
Speaking on the issue of EPF withdrawals, he said there was a need to find a long-term solution for contributors as the data showed that 42% of contributors have around RM5,000 or less in their Account 1.
“This is a structural issue which needs to be resolved because social safety nets are important, the government has to think in the medium and long term.”
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Last Jasa D-G criticises RM85m for unit’s revival as wasteful, |
Posted by: superadmin - 11-09-2020, 09:39 AM - Forum: Politics
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Last Jasa D-G criticises RM85m for unit’s revival as wasteful, insensitive in Covid-19 age
KUALA LUMPUR, Nov 9 — Datuk Puad Zarkashi, the last director-general (D-G) for the Special Affairs Department (Jasa) before it was disbanded, has rejected the government’s allocation to reconstitute the unit as an extravagance at a time the country was battling Covid-19.
While he agreed with the idea of re-establishing the Barisan Nasional-era propaganda unit, he said spending so much to do so now would be tone-deaf on the government’s part.
“An allocation of RM85.5 million to Jasa proves that Budget 2021 is insensitive to ‘priorities’ when the country is being hit by a third wave of Covid-19 infections.
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Jeff Bezos, Bill Gates and other tech luminaries react to Biden’s victory |
Posted by: superadmin - 11-09-2020, 09:27 AM - Forum: Politics
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- The CEOs of U.S. tech companies and Silicon Valley luminaries celebrated President-elect Joe Biden and Vice President-elect Kamala Harris’ victory Saturday.
- Amazon CEO Jeff Bezos, who has had a rocky relationship with President Donald Trump throughout his term, said Biden and Harris’ victory signifies that “unity, empathy and decency are not characteristics of a bygone era.”
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‘Mission impossible’, ‘huge relief’ and a ‘bittersweet victory’: World media reacts |
Posted by: superadmin - 11-09-2020, 09:22 AM - Forum: Politics
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‘Mission impossible’, ‘huge relief’ and a ‘bittersweet victory’: World media reacts to Biden win - The opinion sections of many countries’ major newspapers lent a celebratory tone to the news, while others soberly described the stark challenges that confront the American president-elect facing a divided nation, ongoing partisan battling over results and a country engulfed by a pandemic.
- Many British papers focused on the enduring legacy of the now lame-duck Trump, who is refusing to accept Biden’s victory and is launching legal challenges in several states.
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No MCO, the rakyat and nation are bleeding |
Posted by: superadmin - 11-09-2020, 08:59 AM - Forum: Politics
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MCOs inflict devastating damage on the individual, family, community and national economic activity, severely impacting daily livelihoods and driving families and communities to below the poverty line.
With the health ministry’s (MOH) embargo on Covid-19 data, it is virtually impossible to decipher the rationale for extending the CMCO from Nov 9 to Dec 6.
What is the matrix used by the National Security Council (MKN) or MOH to justify the extension? We searched extensively for the science behind the move, to no avail.
Assisted by our Public Health (PH) and Infectious Diseases (ID) colleagues, we would like to offer data and trends captured from MOH’s statistics in the public domain that make the CMCO untenable.
Understanding the data
Absolute numbers of Covid-19 cases in any one state is not a useful parameter. It needs to be expressed as a proportion of the state’s population.
The Infectivity Rate (IR) by state is the number of active Covid-19 cases per 1000 population. The IR in the Klang Valley, Selangor (0.295), Putrajaya (0.294) and KL (0.101) are well below the national average of 0.414 under the current CMCO.
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