Astro’s partnership with Netflix came as a surprise to many. The announcement also came within weeks of Disney+ Hotstar’s launch in the country - with Astro as its official partner. What does this mean for the future of streaming services here in Malaysia, and is a singular platform the best way to tackle the local market?

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Economists are warning that the enhanced movement control order (EMCO) that applies to large parts of Selangor and Kuala Lumpur will affect the already struggling economy further, potentially leaving a permanent mark.

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In the Global Cybersecurity Index 2020 report conducted by the International Telecommunications Union, Malaysia was successfully ranked among the top ten countries with high commitment to cybersecurity.

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The Pemulih aid package is a necessary boost to help businesses survive the ongoing National Recovery Plan, of which we’re still in Phase 1. While some have called the package comprehensive, others have noticed areas that require improvement. Pemulih’s efficacy depends on how long we remain under tight restrictions, and how much it can keep SMEs going before another stimulus package is needed.

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Prime Minister Tan Sri Muhyiddin Yassin has launched a one-stop solution centre for SMEs and MSMEs called the MyAssist MSME Portal. On the portal, entrepreneurs can seek advice, information, and digital marketing opportunities.

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The gig economy is becoming an essential part of the economic system and is expected to continue to thrive, say experts. In Malaysia, according to World Bank data, about 26% of the workforce are freelancers and this number is growing. As the gig economy was already on the rise before the pandemic, the sector would be expected to remain buoyant overall.

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Minister of Finance Tengku Zafrul clarified the conditions of the 6-month loan moratorium that was announced as part of the Pemulih financial aid package.

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The gig economy has often been seen as a lesser form of work - one that people resort to when there aren’t “stable” opportunities available. But that mindset is shifting now, with more people turning to gig work during the pandemic to not only earn a living, but find a way to thrive by working for themselves.

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SME Bank has allocated RM200 million for entrepreneurs from the 3D (dirty, dangerous, and difficult) sectors under the Pemerkasa matching grant financing.

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Putrajaya has announced a number of initiatives under the package known as the "Pakej Perlindungan Rakyat dan Pemulihan Ekonomi (Pemulih) as a means of financial aid. Today, we unpack what it means for SMEs and businesses.

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