Malaysia unveiled a new 15 billion ringgit (112 billion baht) assistance package to help the economy weather the impact from a fresh surge in coronavirus cases.
The plan — the first stimulus the government has announced this year — helps bolster the measures in place to help people blunt the economic impact of the pandemic, Prime Minister Muhyiddin Yassin in a televised address Monday.
The measures come a week after Malaysia declared a state of emergency, allowing the government to enact immediate laws to contain the pandemic and support the economy. The move has raised concerns about a potential negative impact on market stability and the investment…