Govt allocates RM3.8b for 4-month wage subsidies from Aug 1

The government will extend the Wage Subsidy Programme (PSU) to PSU 4.0 which will be implemented over four months from Aug 1, aimed at helping employers to continue their business and retain their employees, said Finance Minister Tengku Zafrul Abdul Aziz.

He said for PSU 4.0, a total allocation of RM3.8 billion would be channelled to qualified employers and limited to 500 workers for each company...