List of 40 initiatives under PENJANA

KUALA LUMPUR, June 5 -- The following are the 40 initiatives under the National Economic Recovery Plan (PENJANA) worth RM35 billion announced by Prime Minister Tan Sri Muhyiddin Yassin: 

EMPOWER PEOPLE:

1 Wage Subsidy Programme - RM5 billion

2 National Employment Services Job Portal Upgrade - to benefit 50,000 unemployed 

3 Hiring and Training Assistance for Businesses - RM1.5 billion

4 Reskilling and Upskilling Programmes - RM2 billion

5 Gig Economy Social Protection and Skilling - RM75 million 

6 Flexible Work Arrangement Incentives - RM800 million

7 Child Care Subsidy - RM200 million 

8 MY30 Public Transport Subsidy - RM200 million

9 Social Assistance Support for Vulnerable Groups - RM108 million 

10 PEKA B40 Healthcare Support - RM50 million

11 Internet Connectivity for Education and Productivity - RM3 billion

PROPEL BUSINESSES:

12 Micros and SMEs E-commerce Campaign - RM70 million

13 “Shop Malaysia Online” for Online Consumption - RM70 million 

14 Technical and Digital Adoption for SMEs and MTCs - RM700 million

15 MyAssist SME One-Stop Shop - RM5 million

16 PENJANA SME Financing (PSF) - RM2 billion

17 PENJANA Tourism Financing (PTF) - RM1 billion

18 PENJANA Microfinancing - RM400 million

19 Bumiputera Relief Financing - RM500 million

20 SME Go-scheme for Liquidity Support - RM1.6 billion

21 Accelerated Payment Terms for GLCs and Large Corporates’ Supply Chain - to benefit companies in the supply chain of selected GLC and large corporations

22 Tax Relief for COVID-19-Related Expenses - RM600 million

23 Financial Stress Support for Businesses - RM2.4 billion

24 Social Enterprises Elevation - RM10 million

25 Spurring Set Up of New Businesses - RM300 million

STIMULATE THE ECONOMY:

26 Dana PENJANA Nasional - RM1.2 billion

27 National Technology and Innovation Sandbox - RM100 million

28 Digitalisation of Government Service Delivery - RM20 million

29 National “Buy Malaysia” Campaign - RM20 million

30 ePENJANA Credits in e-wallet - RM750 million

31 Incentives for Property Sector - RM1 billion

32 Tax Incentives for Purchase of Passenger Cars - RM897 million 

33 Extended Service Hours in the New Normal - RM20 million

34 Malaysia as Attractive Horizon for Businesses - RM50 million

35 Tourism Sector Support - RM1.8 billion

36 Arts, Culture, Entertainment, Events and Exhibitions Sector Support - RM225 million

37 Agriculture and Food Sector Support - RM400 million

38 Commodity Sector Support - RM200 million 

39 Proposed COVID-19 Temporary Measures Act - to benefit manufacturers and renters

40 Sukuk Prihatin - RM500 million

-- BERNAMA