In an effort to revitalise Malaysia’s economy, the government will be launching a few new initiatives under the new Pelan Jana Semula Ekonomi Negara (PENJANA).

One of them is the ePENJANA, which provides RM50 e-wallet credit to Malaysians aged 18 and above, with an annual income of less than RM100,000.

PENJANA

ADVERTISEMENT

In addition, those eligible will also receive additional discount vouchers and cashback worth RM50 for physical transactions (e-commerce transactions are excluded). The program will take effect between July to September 2020. Although Prime Minister Muhyiddin Yassin didn’t provide details on the eWallet program, it’ll likely be Grab, Boost and Touch ‘n Go.

That’s not all, public commuters in the Klang Valley will get to enjoy a monthly Unlimited Public Transportation Pass for only RM30 per month. This implementation will take effect from 15th June onwards and carry on for the next 6 months.

Besides the 2 aforementioned initiatives, here are 4 other highlights to take note of:

  1. RM50 eWallet Credit.
  2. RM30 monthly public transport pass (unlimited).
  3. Wage Subsidy Programme of RM600 a month for each employee under unpaid leave during CMCO.
  4. Local cars exempted from sales tax.
  5. Hiring Incentive Programme: RM800 for hiring workers under 40; RM1,000 for those above 40 (or disabled persons).
  6. Fresh Grads Stimulus Package: RM600 per month to hire interns.

You may check out PM Muhyiddin’s full speech below:

ADVERTISEMENT

Previous articleMPH Explains Reason Behind Several Bookstores Closures Across Malaysia
Next articleResorts World Genting Reopening For Business On 19th June 2020
Justin
Usually awkward & quiet, but gets talkative once the conversation revolves around movies, TV shows, music, and entertainment. (Contact: [email protected])