Oman Technology Fund Earmarks RO One Million For Project Expansion

MUSCAT, Mar 30 (NNN-ONA) – Oman Technology Fund (OTF), today allocated one million Omani Riyals, for investment in expansion projects. The step comes in response to aspirations for innovation-based youth initiatives, that are underscored by Sultan Haitham Bin Tarik. Eng. Youself bin Ali al-Harthi, CEO of OTF, said, the sum…

Israel Launches Emergency Labour Plan As Unemployment Rate Reaches 22.6 Percent

JERUSALEM, Mar 30 (NNN-MA’AN) – Israel announces an emergency plan for the labour market, after the national unemployment rate jumped more than five times in Mar, the Israel Employment Service announced. The bureau said that the unemployment rate has jumped from four percent to 22.6 percent, since the beginning of…

COVID-19: M’sian govt to ensure financial help reaches people

KOTA BHARU, March 28: A taxi driver patiently waits for customers amid the Movement Control Order which started on March 18 and expected to end on April 14. Photo courtesy of BERNAMA. KUALA LUMPUR, March 28 (NNN-BERNAMA) — The government will ensure that all the assistance announced under the Prihatin Rakyat Economic Stimulus Package (PRIHATIN)…

M’sian govt pursuing 1MDB money from DOJ – Zafrul

By Saraswathi Muniappan KUALA LUMPUR, March 28 (NNN-BERNAMA) — The Malaysian government is pursuing the recovered money allegedly stolen from the 1Malaysia Development Bhd (1MDB) sovereign fund, Finance Minister Tengku Zafrul Abdul Aziz said Friday. He said related government agencies and the Attorney-General’s Chamber are working on it. “The govt agencies, the Attorney-General’s Chamber are looking…

Malaysian govt announces RM250 billion people-centric economic stimulus package

Prime Minister Tan Sri Muhyiddin Yassin says combating the COVID-19 threat would remain a priority for the government now. File Photo courtesy of BERNAMA KUALA LUMPUR, March 27 (NNN-BERNAMA) — Malaysian Prime Minister on Friday announced an economic package amounting to RM250 billion aimed at the welfare of the people,…

Sabah Law Society to offer virtual legal advice during MCO

KOTA KINABALU, March 27 (NNN-BERNAMA) — The Sabah Law Society (SLS), through its Legal Advice Clinic, is offering online legal advice to the public beginning March 30 and throughout the enforcement of the Movement Control Order (MCO). Its president Roger Chin said this was to ensure the people in Sabah would always…

COVID-19: S’pore allocates $350 mln to aviation sector

By Massita Ahmad SINGAPORE, March 26 (NNN-BERNAMA) — The Singapore government is providing additional help to specific sectors that are most directly affected by COVID-19 that include the aviation sector. In tabling the republic’s S$48 billion Supplementary Budget, Singapore Deputy Prime Minister Heng Swee Keat said the country’s air hub, with…

COVID-19: Qatar Airways adds more seats/flights to help people go home

KUALA LUMPUR, March 26 (NNN) — Qatar Airways says it has added 10,000 extra seats since Tuesday as part of its efforts to help people get to their home countries amid the COVID-19 scare. In a statement here today, the airlines said it has been also providing charter services to…

COVID-19: M’sian veterans offer to help curb spread of virus

KANGAR, March 26 (NNN-BERNAMA) — The Non-Pensionable Malaysian Armed Forces Veterans Association (PVATTBM) is prepared to assist the country’s frontliners curb the spread of  COVID-19 and impose the Movement Control Order (MCO). Its president Datuk Ismail Abidin said PVATTBM members are ready to be called anytime to serve the country again. “We…

Ringgit extends gains against US dollar in early trade

KUALA LUMPUR, March 26 (NNN-BERNAMA) — The ringgit extended its gains against the US dollar at the opening session Thursday as the government and Bank Negara Malaysia (BNM) or Central Bank of Malaysia stepped in to cushion the economic impact of Covid-19 on the country due to the extended Movement Control Order (MCO) announced…
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