Global Trade Alert
Global Trade Alert

Malaysia: Fourth Stimulus Package announced in response to the COVID-19 pandemic (June 2020)

Announcement

06 Jun 2020

Malaysia has announced the 4th stimulus package to support businesses affected by the COVID-19 pandemic.

Source

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Number of interventions

6

5 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

01 Jul 2020

Revocation date:

No revocation date

Announced: 06 Jun 2020
State loan In force
On 5 June 2020, the Prime Minister of Malaysia as part of an RM35 billion stimulus package to support businesses affected by the COVID-19 pandemic announced an RM1 billion (~USD 234 million) PENJANA T...
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Implementation date

01 Jul 2020

Revocation date:

31 Dec 2020

Announced: 06 Jun 2020
FDI: Financial incentive
On 5 June 2020, the Prime Minister of Malaysia announced an RM35 billion stimulus package titled “Pelan Jana Semula Economy Negara” or “PENJANA” to support businesses affected by the COVID-19
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Announced: 06 Jun 2020
Export tax
On 5 June 2020, the Prime Minister of Malaysia announced an RM35 billion stimulus package titled “Pelan Jana Semula Economy Negara” or “PENJANA” to support businesses affected by the COVID-19 pandemic...
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Implementation date

15 Jun 2020

Revocation date:

31 Dec 2020

Announced: 06 Jun 2020
Local labour requirement
On 15 June 2020, Malaysia provided RM 1.5 billion (USD 350.9 million) under PenjanaKerjaya hiring incentive program. The program offered financial incentives between RM 600 (USD 140.3) and RM 1,000 (U...
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Announced: 06 Jun 2020
Internal taxation of imports
On 5 June 2020, the Prime Minister of Malaysia announced an RM35 billion (~USD 8.2 billion*) stimulus package titled “Pelan Jana Semula Economy Negara” or “PENJANA” to support businesses affected by t...
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Implementation date

15 Jun 2020

Revocation date:

No revocation date

Announced: 06 Jun 2020
Interest payment subsidy In force
On 5 June 2020, the Prime Minister of Malaysia announced an RM35 billion stimulus package titled “Pelan Jana Semula Economy Negara” or “PENJANA” to support businesses affected by the COVID-19 pandemic...
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Threads

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Harmful Trade Policy Measures

This Thread tracks harmful trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

70711

interventions

194

jurisdictions

Liberalising Trade Policy Measures

This Thread tracks liberalising trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

14469

interventions

186

jurisdictions