Malaysia to launch stimulus package amid Covid-19 outbreak
Malaysian Minister of Finance Lim Guan Eng said on February 11 that the government will announce its economic stimulus package to mitigate the economic impacts of the novel coronavirus (Covid-19) outbreak.
Malaysian Minister of Finance Lim Guan Eng (Photo: nst.com.my)
Kuala Lumpur (VNA) – Malaysian Minister of Finance Lim Guan Engsaid on February 11 that the government will announce its economic stimuluspackage to mitigate the economic impacts of the novel coronavirus (Covid-19)outbreak.
Experts said that an allocation of between 10 billion RM and 15 billion RM (2.5billion USD and 3.8 billion USD) was needed to manage the outbreak’s impacts onthe Malaysian economy.
However, Lim did not unveil the exact amount, and said his ministry was discussingwith competent parties before announcing the stimulus package.
The package will be revealed by the end of this month or the start of March, headded.
The same day, the Malaysian Association of Tour and Travel Agents (Matta)confirmed that 95,000 hotel bookings had been cancelled due to the virusoutbreak and the travel ban imposed by China on its citizens.
Meanwhile, the Malaysian Aviation Commission cut its passenger traffic growth forecastin 2020 to 4.6-5.7 percent from 5-6 percent previously made in December lastyear. Malaysian is a favoured destination among Chinese tourists, with around2-3 million visiting each year.
Eighteen Covid-19 cases have been detected in Malaysia, three of whom haverecovered.
The country halted all immigration facilities in Wuhan,the heart of the coronavirus outbreak in China, and evacuated its 107 citizensfrom the Chinese locality./.
Malaysian health authorities on February 4 confirmed the first citizen to be infected with the coronavirus, bringing the total number of confirmed cases in the country to 10.
The Immigration Department of Malaysia’s Sabah state agreed to offer one-week visa extension for stranded Chinese nationals due to coronavirus, said its Deputy Chief Minister Christina Liew.
The fourth patient infected with the novel coronavirus (2019-nCoV) in Malaysia recovered after receiving HIV anti-retroviral medication Kaletra for his treatment, according to the country’s Deputy Health Minister Lee Boon Chye.
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Speaking at the launch of the Indonesia Economic Prospects June 2025 edition on June 23 in Jakarta, Turk noted that Indonesia’s gross domestic product (GDP) expanded 4.9% in the first quarter of 2025 compared to the same period last year.
Anti-dumping duties will continue to be imposed on producers from China and Japan while those on relevant exporters from the RoK and Vietnam will be terminated, starting from June 23.
A specialist police unit has acquired a fleet of off-road vehicles to help officers navigate rough, unpaved terrain – and flood waters – to respond more quickly to public security incidents.
The pact covers goods, services, investments, intellectual property rights, customs facilitation, competition policy, sanitary and phytosanitary, trade and sustainable development, government procurement and economic cooperation.
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The firefighters found an active blaze at the lorry depot located in the city of Pasir Gudang near the state capital of Johor Bahru, with flames spreading quickly due to strong winds and igniting a neighboring disused oil storage area.
Investigators believe the operation is part of a broader scam network involving romance scams, where victims are lured into fake relationships and persuaded to transfer money.
Ambassadors, Consuls General, along with staff and their families, joined traditional sports and cultural activities of Southeast Asia and performances bearing regional identity, thus contributing to strengthening unity and the ASEAN community spirit in New York.
In his post on social media the same day, Hun Manet said energy companies would be able to import sufficiently from other sources to meet domestic fuel and gas demands in the country.
The forum, which involves global experts and creative leaders from across 14 cultural sectors, aims to expand Thailand’s presence on the world stage through innovation and cultural exchange.
In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.
Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Malaysian Minister of Finance Lim Guan Eng (Photo: nst.com.my) 
