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KUALA LUMPUR: Bank loans processing will continue to be carried out during the movement control period (MCO) although customers may experience some delays due to service disruptions.
PETALING JAYA: Bank Negara's imposition of a maximum loan-to-value ratio (LVR) of 70% for a third and subsequent housing financing facility taken by a borrower is seen as a timely pre-emptive measure to avert unhealthy speculative activities and a potential property bubble, industry players concurred.
PETALING JAYA: Consumer groups want the maximum liability limit imposed on credit cardholders for unauthorised transactions for lost or stolen cards to be lowered or even scrapped amid the rising number of complaints.
THERE has been strong discontentment in the local payments card industry since the announcement by Rhythm Consolidated Bhd in early June that it had been appointed sole terminal migration organisation (TMO) for the EMV (Europay MasterCard Visa) migration exercise. And the situation may just get unpleasant.
United Parcel Service Singapore Pte Ltd (UPS) expects double-digit growth in volume in Asia-Pacific this year against 16% last year, said managing director Mary Yeo.