On 5 June 2020, Malaysia’s Prime Minister YAB Tan Sri Dato’ Haji Muhyiddin Yassin announced 40 initiatives worth RM35 billion under PENJANA, a short-term economic recovery plan effective June to December 2020 to stimulate business and economy recovery. TEEAM lauds our pro-active Government initiatives in introducing a comprehensive economic recovery package which focuses... 

MATRADE has introduced Market Development Grant (MDG) for online export promotions (virtual events) in view of the COVID-19 Pandemic. For this purpose, Virtual Event is a web platform in virtual venue to enable interaction with business people and entities through the use of live interaction tools. The interactive features will be displayed on devices such as smart phones, tabl... 

PERKESO Prihatin Saringan Programme – Scope Expanded with Screening Subsidy for Employers The Ministry of Human Resources (MOHR) has issued a Media Statement on the scope of PERKESO Prihatin Saringan Programme (PSP) to be expanded with screening subsidy for employers through SOCSO.  With effect from 1st June 2020, Employers are allowed to claim a subsidy of RM150 for each ... 

Prihatin Special Grant (PSG) for Micro SMEs The Ministry of Finance targets about 700,000 small and medium-sized enterprises (SMEs) to benefit from the RM2.1 billion Prihatin Special Grant (PSG) to ease the burden of micro-entrepreneurs badly affected by COVID-19. The PSG is a grant, paid on a one-off basis amounting to RM3,000 to qualified micro SMEs and does not need to be... 

Members' Advisory - E&E Sector Activities is Allowed to Resume Business Beginning 4th May 2020 TEEAM thanks YAB Prime Minister and the Government following the announcement on 1st May 2020 which allow most economic sectors and business activities including the E&E industry be allowed to resume business on 4th May 2020, under a Conditional Movement Control Order (CMC... 

MySejahtera is an application developed by the Government of Malaysia to assist in managing the COVID-19 outbreak in the country. It allows users to perform health self-assessment on themselves and their families. The users can also monitor their health progress throughout the COVID-19 outbreak. In addition, MySejahtera enables the Ministry of Health (MOH) to monitor users’ ... 

The Social Security Organisation (SOCSO) Prihatin Screening Programme (PSP) for local employees and foreign workers in the sectors allowed to resume operations during the Movement Control Order (MCO) begin its screenings on 29th April 2020. Registration can be done online at PSP SOCSO Portal https://psp.perkeso.gov.my/ using employees’ identification card number or Fore... 

The Employees Provident Fund (EPF) announced the launch of the Employer COVID-19 Assistance Programme (e-CAP) to support small-and-medium enterprises (SMEs) affected by the COVID-19 global pandemic.  e-CAP allows eligible SMEs flexibility to choose to apply for a deferment and restructuring of the employer’s share of EPF contributions for the months of April, May and / or... 

The Ministry of International Trade & Industry (MITI) has released FAQ No. 4 dated 17th April 2020 related to Movement Control Order (MCO) on Application Process and Business Operations. A copy of the FAQ No. 4 can be downloaded below for members' reference. MITI FAQ No. 4 Related to MCO_17042020 

The Ministry of Transport has issued a Media Statement on 17th April 2020 announcing the 4th phase of Cargo Clearing at the main Ports. This 4th phase will be carried out from Monday, 20th April 2020 to Thursday, 23rd April 2020 (4 days) in order to continue to ease congestion in ports nationwide in view of the latest extension of the Movement Control Order (MCO) to 28th April ...