SELaiCK Alerts 3-2021 (MCO Update #7 – As at 18 Jan 2021) – PERMAI Assistance Package

Dear Valued Clients and Associates

2021 PERMAI Assistance Package

Subsequent to the Economic Stimulus Package 2020 (ESP) announced on 27 Feb 2020, further economic stimulus measures were announced in response to the continuing economic impact of the COVID-19 crises:
Economic Stimulus MeasuresWorthAnnounced on
Prihatin Rakyat Economic Stimulus Package [Prihatin]RM250b27 Mar 2020
Additional SME Economic Stimulus Package [Prihatin+]RM10b6 Apr 2020
PENJANA Short-Term Economic Recovery PlanRM35b5 Jun 2020
PERMAI Assistance PackageRM15b18 Jan 2021
PERMAI provides further economic stimulus measures after the BUDGET 2021 unveiled on 6 Nov 2020.

We have extracted in this Memorandum, pertinent measures from PERMAI which in our view would be relevant from both the business and individual perspectives to our clients for their consideration, including current measures undertaken by the Government to combat Covid-19.

The implementation of the proposed measures would be subject to any clarification and guidance from the relevant authorities and being legislated where applicable.  As such, further details on the proposed measures are expected to be released by the authorities in due course.

Please access our website at for all of our earlier Alerts.

Please do not hesitate to contact the following should you have any queries on the above:

Lew Choon Kiong (CK)

Best regards

20 Jan 21