Companies that provide short-term consumer loans at high interest rates are on the increase in countries like Indonesia and the Philippines as many people struggle to get advances through traditional channels such as banks.
KUALA LUMPUR: Dagang Nexchange Bhd
’s (DNeX) unit, Dagang Net Technologies Sdn Bhd, is collaborating with Audatex Malaysia Sdn Bhd to provide a comprehensive motor parts, prices and repair times database system for automotive insurance repair.
The collaboration would include the setting up of a computerised repair estimating system and vehicle identification number system backed by a powerful database, which contains automotive repair times on specific brands and models to complement the current market situation, it said in a statement. — Bernama
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