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PM wants banks to spare petty traders from legal action for failing to repay loans

PM wants banks to spare petty traders from legal action for failing to repay loans

Prime Minister Datuk Seri Ismail Sabri Yaakob today called on all commercial banks not to take legal action against hawkers and petty traders who failed to repay their loans.
Fri Dec 03 2021
Budget 2021: Extend loan moratorium to June 2021, MATTA suggests

Budget 2021: Extend loan moratorium to June 2021, MATTA suggests

The tourism industry has crippled and unable to repay loans, many businesses and individuals would suffer and probably be declared bankrupt without a moratorium extension.
Thu Oct 29 2020
Trial of government's suit against NFC postponed

Trial of government's suit against NFC postponed

NFC is required to repay RM253.6 million in loan and interest for the setting up and operation of a national feedlot centre in Gemas.
Mon Oct 05 2020
More targeted approach to assist borrowers as moratorium ends - BNM

More targeted approach to assist borrowers as moratorium ends - BNM

Borrowers who can afford to repay their loans should start doing so to reduce their overall debt, Bank Negara Malaysia (BNM) said ahead of the blanket moratorium, which ends on Sept 30, 2020.
Wed Jul 29 2020
601,000 borrowers, 13,000 SMEs opt-out of moratorium -- Tengku Zafrul

601,000 borrowers, 13,000 SMEs opt-out of moratorium -- Tengku Zafrul

The number of individual borrowers who continue to repay loan installments and opt-out of the moratorium facility increased to 601,000 in July 2020 from 331,000 in April.
Wed Jul 29 2020
PTPTN borrowers just refuse to repay loan - Idris

PTPTN borrowers just refuse to repay loan - Idris

Datuk Seri Idris Jusoh disclosed that many PTPTN borrowers who are now earning a steady income chose not to repay their debts despite having the financial ability to do so.
Mon Jul 17 2017
VW ready to sell assets should loan repayment falter: sources

VW ready to sell assets should loan repayment falter: sources

Volkswagen has told banks supplying a 20 billion euro credit line that it would sell assets if it finds no other way of repaying the one-year loan.
Fri Dec 04 2015
Lebanese sources: Biden, Macron set to announce Israel-Hezbollah truce

Lebanese sources: Biden, Macron set to announce Israel-Hezbollah truce

In Washington, White House national security spokesperson John Kirby said, "We're close" but "nothing is done until everything is done".
Tue Nov 26 2024
PM meets chaebol tycoon to attract more FDI to Malaysia

PM meets chaebol tycoon to attract more FDI to Malaysia

Chaebols are prominent figures from South Korea's family-owned conglomerates.
Tue Nov 26 2024
Govt won't allow non-citizen vehicles to enjoy RON95 subsidy - Economy Ministry

Govt won't allow non-citizen vehicles to enjoy RON95 subsidy - Economy Ministry

The implementation of the RON95 subsidy in 2025 is expected to provide savings of RM3.6 billion to government expenditure.
Tue Nov 26 2024
Ringgit opens lower as greenback gains ground

Ringgit opens lower as greenback gains ground

Dr Mohd Afzanizam says the market responded positively to news of hedge fund manager Scott Bessent heading the US Treasury Department.
Tue Nov 26 2024
Management of low-cost housing, gov't quarters, focus at Dewan Rakyat today

Management of low-cost housing, gov't quarters, focus at Dewan Rakyat today

Also among the highlights, UNICEF report on 12.3pct of teenagers in Klang Valley's PPR face mental health issues and suicidal tendencies.
Tue Nov 26 2024
UN Resolution 1701, cornerstone of any Israel-Hezbollah truce

UN Resolution 1701, cornerstone of any Israel-Hezbollah truce

Here are the resolution's main terms, and a note about subsequent violations and tensions.
Tue Nov 26 2024
Record aid worker deaths in 2024 in 'era of impunity', UN says

Record aid worker deaths in 2024 in 'era of impunity', UN says

So far this year there have been 281 aid worker victims, according to the Aid Worker Security database.
Tue Nov 26 2024
Why India's toxic farm fire counting method is disputed

Why India's toxic farm fire counting method is disputed

Here's how India counts farm fires - a major contributor to severe pollution in the north - and why its method is being questioned.
Tue Nov 26 2024
Divisions on curbing plastic waste persist as UN treaty talks begin

Divisions on curbing plastic waste persist as UN treaty talks begin

South Korea is hosting the fifth and ostensibly final UN Intergovernmental Negotiating Committee (INC-5) meeting this week.
Tue Nov 26 2024
Transport Ministry to study proposal for senior citizen licence renewal assessments - Loke

Transport Ministry to study proposal for senior citizen licence renewal assessments - Loke

The Transport Ministry will review a proposal requiring senior citizens aged 65 and above to undergo competency and health assessments before renewing their Malaysian Driving Licence.
Mon Nov 25 2024