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PETALING JAYA: The Malaysian economy’s ability to weather the Covid-19 pandemic is intact as the nation’s financial ecosystem remains resilient, said Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.
KUALA LUMPUR: The government's current debt stands at RM1.2 trillion, says Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.
MTUC urges govt to order banks not to start bankruptcy proceedings after loan moratorium period ends
PETALING JAYA: The Malaysian Trades Union Congress (MTUC) has called upon the authorities to issue a directive to financial institutions to halt bankruptcy proceedings after the loan moratorium period ends in December.
MUMBAI: Companies with high levels of debt are the latest beneficiaries of a retail investor-fueled rally in Indian stocks that’s defying the worst economic outlook in four decades.
THE targeted extension of the moratorium on bank loan repayments for those who have lost jobs or had their pay cut as a result of the Covid-19 pandemic was welcome news indeed earlier this week.
DUBAI (Reuters) - Iran's Supreme Leader, Ayatollah Ali Khamenei, accused the United States on Friday of trying to stir anti-government protests by imposing sanctions that he said are aimed at bankrupting the country.
Medical workers collect swab samples for residents at Tianshan District in Urumqi, northwest China's Xinjiang Uygur Autonomous Region, July 20,2020. (Xinhua/Zhao Ge)
British music festivals are filling the void left by the cancellation of their 2020 editions with a series of art exhibitions.