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Thailand passes US$7bil on handout to weather new virus impact
BANGKOK, Jan 19 (Bloomberg/The Nation Thailand/ANN): Thai cabinet signed off on a US$7 billion cash handout program to help millions of low-income people weather the impact of control measures imposed to contain a new wave of Covid-19 infections.
MEF welcomes Permai aid, but says WSP should be extended
PETALING JAYA: The Malaysian Employers’ Federation (MEF) has welcomed the government’s latest stimulus package to beef up its war against Covid-19, but said the Wage Subsidy Programme (WSP) should be extended based on the length of the movement control order.
Permai package: RM500 one-off payment for tourist guides, taxi and bus drivers, says PM
KUALA LUMPUR (Bernama): Tourist guides, as well as taxi and bus drivers will be receiving a one-off financial assistance of RM500 involving an allocation of RM66mil under the Permai assistance package.
Fifteen banks offering loan repayment moratorium to residents in flood-hit states, says Muhyiddin
KUALA LUMPUR (Bernama): A total of 15 banks are offering loan repayment moratorium for residents living in the flood-affected states, says Prime Minister Tan Sri Muhyiddin Yassin.
PM: Impact of current MCO to be manageable
KUALA LUMPUR: Tan Sri Muhyiddin Yassin expects the impact of the current Movement Control Order (MCO) on the economy to be manageable as growth will continue to be supported by strong exports sector and the global trade recovery.
MCO 2.0: PM announces aid package worth RM15bil
PETALING JAYA: Prime Minister Tan Sri Muhyiddin Yassin has announced the "Perlindungan Ekonomi dan Rakyat Malaysia (Permai)" assistance package worth RM15bil on Monday (Jan 18).
Banks continue to extend repayment aid
KUALA LUMPUR: Malaysian banks will continue to extend repayment assistance, including an extension of existing moratorium to individuals affected by the current movement control order (MCO).
Google removes some lending apps in India to protect consumers
MUMBAI (Reuters) - Alphabet Inc's Google has removed some lending apps aimed at consumers in India from Play Store in an attempt to safeguard users, it said in a blog post on Thursday.
NCCIM: Govt, banks should consider financial assistance to MCO-affected businesses
KUALA LUMPUR: The National Chamber of Commerce and Industry of Malaysia (NCCIM) hopes the government and banks would consider providing financial assistance and relief measures for affected businesses during the second Movement Control Order (MCO 2.0).
Vietnam’s credit registry coverage higher than world’s average
HANOI (Vietnam News/ANN): Vietnam’s credit registry coverage increased to 59.6 per cent in 2020 from 41.8 per cent in 2015, said Đỗ Hoàng Phong, director of the Vietnam Credit Information Centre (CIC).
