<div class=newsTextDataWrapInner><p>KUALA LUMPUR (March 27): The government is allocating RM250 billion for a stimulus package to counter the threat of the Covid-19 pandemic to its economy, which includes the RM20 billion it previously announced in late February.</p></div>

<div class=newsTextDataWrapInner><p>This booster package is aimed at easing the burden of Malaysians of “all backgrounds” during this critical period, Prime Minister Tan Sri Muhyiddin Yassin announced today.</p></div>

<div class=newsTextDataWrapInner><p>So, on top of the RM20 billion previously announced, the government is setting aside RM128 billion for the people’s welfare, RM100 billion for small and medium enterprises (SMEs), and RM2 billion to boost the country’s economy.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>“This comprehensive package provides immediate assistance to ease the burden shouldered by the public. No matter who you are, you will benefit from this economic stimulus package. As I have mentioned before, no one will be left out,” he said in a live telecast this afternoon.</p></div>

<div class=newsTextDataWrapInner><p><em><strong>See also:<br />
<a href="https://www.theedgemarkets.com/article/muhyiddins-speech-prihatin-rakyat-economic-stimulus-package" target="_blank">Muhyiddin's speech on Prihatin Rakyat Economic Stimulus Package</a><br />
<a href="https://www.theedgemarkets.com/second-stimulus-package" target="_blank">Highlights of Malaysia's Economic Stimulus Package </a></strong></em></p></div>

<div class=newsTextDataWrapInner><p><em>Stay at home. We will deliver the news to you at </em><a href="http://theedgemarkets.com/" target="_blank"><em>theedgemarkets.com</em></a><em>.</em></p></div>


The government is allocating RM250 billion for a stimulus package to counter the threat of the Covid-19 pandemic to its economy, which includes the RM20 billion it previously announced in late February.

Govt adds RM230b allocation to counter virus threat to economy, bringing total to RM250b

Berkshire Hathaway Inc posted a record quarterly profit on Saturday, boosted by strength in its insurance operations, and appears to have sold a significant number of Apple shares as its cash stake swelled to US$189 billion (RM895.86 billion).

Berkshire has record profit, cash soars to US$189b as Apple stake sinks

Communications Minister Fahmi Fadzil on Saturday said the Cabinet has not discussed about a price hike for petrol and diesel yet.

Fahmi: Foreign media reports not true as Cabinet yet to discuss price hike for petrol and diesel

Hong Kong issued its first red rainstorm warning of the year on Saturday as downpours caused flooding in areas of the territory, shutting roads and disrupting public transportation.

Hong Kong issues 2024’s first red storm signal amid flooding

Indonesia will permanently relocate the entire population of an island in North Sulawesi province because a volcano is threatening their safety.

Indonesia’s Ruang becomes ghost island as volcano erupts

The flight instructor and trainee of the Cessna 172 (9M ADA) type training aircraft which crashed in an oil palm plantation in Besout 2 Tambahan plantation, Sungkai near here have been identified as Captain Shahrul Imran Surea, 26, and Ho Jia Lee, 20.

Survivors of Sungkai plane crash identified

The Civil Aviation Authority of Malaysia (CAAM) has confirmed that a Cessna 172N Skyhawk aircraft with the registration number 9M-ADA crashed near Felda Gunung Besout, Sungkai, Perak on Saturday.

CAAM confirms Cessna 172N Skyhawk aircraft crashed near Felda Gunung Besout

The Melaka state government is setting its sights on bolstering its local business landscape by encouraging more companies in the state to be listed on Bursa Malaysia.

Melaka aims to boost local businesses, eyes more listings on Bursa Malaysia

The government is currently studying the proposal from marine robotics company Ocean Infinity to resume the search for Malaysia Airlines Flight MH370, which went missing while en route to Beijing 10 years ago.

Loke: Govt studying Ocean Infinity's proposal to resume search for MH370

Construction work on the East Coast Rail Link (ECRL) project in Kelantan, Terengganu, Pahang and Selangor has reached an average of 65% as of April, said Transport Minister Anthony Loke.

Progress of ECRL project in four states reaches 65%, says Loke

A training aircraft crashed in the Besout 2 Tambahan plantation area in Sungkai on Saturday.

Light aircraft crashes in Sungkai, two passengers survive

<p>Berkshire Hathaway Inc posted a record quarterly profit on Saturday, boosted by strength in its insurance operations, and appears to have sold a significant number of Apple shares as its cash stake swelled to US$189 billion (RM895.86 billion).</p>


<p>The flight instructor and trainee of the Cessna 172 (9M ADA) type training aircraft which crashed in an oil palm plantation in Besout 2 Tambahan plantation, Sungkai near here have been identified as Captain Shahrul Imran Surea, 26, and Ho Jia Lee, 20.</p>


<p>The Melaka state government is setting its sights on bolstering its local business landscape by encouraging more companies in the state to be listed on Bursa Malaysia.</p>


<p>Communications Minister Fahmi Fadzil on Saturday said the Cabinet has not discussed about a price hike for petrol and diesel yet.</p>


<p>The Civil Aviation Authority of Malaysia (CAAM) has confirmed that a Cessna 172N Skyhawk aircraft with the registration number 9M-ADA crashed near Felda Gunung Besout, Sungkai, Perak on Saturday.</p>


<p>Construction work on the East Coast Rail Link (ECRL) project in Kelantan, Terengganu, Pahang and Selangor has reached an average of 65% as of April, said Transport Minister Anthony Loke.</p>


<p>Hong Kong issued its first red rainstorm warning of the year on Saturday as downpours caused flooding in areas of the territory, shutting roads and disrupting public transportation.</p>


<p>The government is currently studying the proposal from marine robotics company Ocean Infinity to resume the search for Malaysia Airlines Flight MH370, which went missing while en route to Beijing 10 years ago.</p>
