loan moratorium

A total of 187,690 affected entrepreneurs and cooperatives have received funding assistance, including loan moratoriums from Sept to Oct 31, 2021.

Customers can also opt for a three-month moratorium for hire purchase facilities.

The central bank also urged loan borrowers to contact their respective banks and guidance will be provided by the customer service officer.

The Malaysian Employers Federation (MEF) is proposing to the Ministry of Finance and Bank Negara Malaysia to make loan moratorium automatic instead of by application.

Banks will waive the compounded interest and penalty charges incurred during the six-month loan moratorium under the National People's Well-Being and Economic Recovery Package (PEMULIH).

The continuation of the EPF withdrawal facilities and loan moratorium, means a lot for those with higher monthly commitments.

The aim is to provide a safety net to those at risk due to the shutting down of economic activities and prolonged unemployment.

The aim is to provide a safety net to those at risk due to the shutting down of economic activities and prolonged unemployment.

Nor SHamsiah said all banks already have their payment assistance plans, including targeted loan moratoriums.

Get updated on the top stories of the day in just 3-minutes. Click to listen.

A blanket loan moratorium is not the best solution at a time the country is facing the MCO 2.0, BNM reiterated today.

SMEs and individuals which are not affected can continue with their existing loan repayment.

The survivability of most companies very much hinges on the support employers and industries receive from the government.

Ahmad Fadhli Shaari (PAS-Pasir Mas) said this was because the two items were matters of policy and could be announced by the government at any time.

Banks, especially those government-linked such as Agro Bank, were still capable of providing loan moratoriums.

Donald Trump says he would impose the tariffs until China stops the flow of illegal drugs, particularly fentanyl, into the United States.

Topping the demands of Khan's Pakistan Tehreek-e-Insaf (PTI) party is the release of all its leaders, including Khan, who has been jailed on a series of corruption charges since August 2023.

The report highlights that "60 per cent of all female homicides" are committed by "people closely related to them".

Two subsea cables, one linking Finland and Germany and the other connecting Sweden to Lithuania, were damaged in less than 24 hours.

It is clear that adding more lanes and highways doesn't work, because we are still attempting the same approach to solve the issue.

This investment includes efforts to upgrade INOKOM's existing assembly capacity to meet Hyundai's automotive needs.

'C4Cinta', directed by young filmmaker Karthik Shamalan, has set a new benchmark in Malaysian Tamil cinema.

The court denied bail and scheduled case mention on Feb 7 for the submission of forensic, autopsy, and chemist reports.

The classroom assessment approach offers a much more interesting learning ecosystem, says Fadhlina Sidek.

Google and Meta says the government should wait for the results of an age-verification trial before going ahead.