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Business 11 Apr 2003 | 12:00 AM

Maybank plays down collateral for loans to SMIs

COLLATERAL would not be Malayan Banking Bhd#039;s (Maybank) principal criteria for approving loan applications by small- and medium-sized industries (SMIs) as greater emphasis would be placed on business viability, realistic business plans, business environment and competition.

Nation 10 Apr 2003 | 12:00 AM

Introduce special loan scheme, urges Zahid

BANKS should introduce a special loan scheme for those who want to borrow small sums of money, a backbencher said.

Nation 10 Apr 2003 | 12:00 AM

Fixed interest rates on moneylending

THE Moneylending (Amen-dment) Bill was passed by the Dewan, paving the way for interest rates for moneylending purposes to be fixed.

AseanPlus News 08 Apr 2003 | 12:00 AM

Banks sign pact on debt evasion

SIXTY-EIGHT Chinese and foreign banks in Shanghai signed a pact recently in a joint effort to fight debt evaders.

Business 05 Apr 2003 | 12:00 AM

Lawmakers criticise US SEC's oversight of credit-rating firms

In a contentious House of Representative hearing on Wednesday, sceptical lawmakers questioned whether federal regulators are prepared to impose tighter controls over credit-rating agencies, a powerful yet largely overlooked business.

Letters 04 Apr 2003 | 12:00 AM

Act against errant developers

Comment by V.K. CHIN

Business 27 Mar 2003 | 12:00 AM

Economic assumptions can be tricky in a war scenario

WITH fierce battles now raging in Iraq, this must be the first time that Bank Negara has had to issue its report and economic forecast for the year in the context of a war scenario, fraught with all the uncertainties and imponderables that war generates.

Business 27 Mar 2003 | 12:00 AM

Value of loan applications in 2002 highest in 5 years

LOAN applications and approvals in 2002 were the highest level recorded in value terms in five years, with total loans disbursed amounting to RM412bil, the highest since 1997.

Business 26 Mar 2003 | 12:00 AM

Putrajaya housing target on track

PUTRAJAYA Holdings Sdn Bhd, which is speeding up the development of the new federal administrative capital Putrajaya, is on track to completing 67,000 residential units there by 2012.

Letters 14 Mar 2003 | 12:00 AM

Government's commitment to education laudable

By V.K. CHIN