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KUALA LUMPUR: Aeon Credit Service (M) Bhd posted net profit of RM88.39mil in the fourth quarter ended Feb 29,2020 which was slightly higher than the RM87.61mil a year ago but remained cautious for the current year due to the Covid-19 pandemic.
KUALA LUMPUR: The Association of Banks in Malaysia (ABM) member banks are remaining supportive in providing access to financing to small and medium enterprises (SMEs) that have been adversely affected by the outbreak of Covid-19.
FRANCE just gave a real snapshot of how bad the coronavirus (Covid-19) outbreak will be for the rest of the world.
Some frequently asked questions relating to the Prihatin Plus Stimulus Package.
AFTER watching Prime Minister Tan Sri Muhyiddin Yassin’s announcement on the enhanced stimulus package for SMEs, my various chat groups came alive with all kinds of comments and opinions. In particular, one chat group which comprises experienced retired senior bankers, entrepreneurs and senior business journalists (all about the same age of 60 and above) stood out for its wisdom and sharp foresight.
KUALA LUMPUR: Bank Negara's international reserves fell US$1.3bil over a two-week period to US$101.7bil as at March 31, 2020.
PETALING JAYA: Tourism and hospitality players say the government’s stimulus package offers better support for businesses, but it needs to be re-evaluated in a few months to see if an extension is needed.
PETALING JAYA: Despite potential stress ahead, the banking industry remains resilient but risks are still present, said analysts.
THE Safety Glass Processors Association of Malaysia (SGPAM) fully acknowledges the Government’s timely and proactive response by the unveiling of the Prihatin Rakyat Economic Stimulus Package and it is reassuring to note that the people’s interests are being taking into account and addressed.