Group calls for automatic loan moratorium extension for Sabah businesses


KOTA KINABALU: The government has been urged to implement an automatic three-month extension to the loan moratorium for businesses in Sabah following the ongoing conditional as well as targeted enhanced movement control order (MCO) imposed in the state.

The Dewan Perniagaan Melayu Malaysia (DPMM) Sabah chapter said while they welcomed the earlier announcement by Prime Minister Tan Sri Muhyiddin Yassin to allow the extension by applying with banking institutions, the situation in Sabah needed to be treated differently.

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Covid-19 , Coronavirus , Sabah , Loan moratorium , Economy

   

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