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PETALING JAYA: A study into the challenges faced by the e-hailing sector will be undertaken by the Transport Ministry.
KUALA LUMPUR: Khazanah Nasional Bhd has not approved any commitment for RM5bil in funding for Malaysia Airlines Bhd, says Finance Minister Tengku Datuk Seri Zafrul Aziz.
KUALA LUMPUR: Malaysia’s fiscal deficit is expected to increase to between 5.8% and 6% of GDP this year following the implementation of the government’s stimulus programmes to offset the severe fallout from the Covid-19 pandemic.
From TAN SRI RAMON NAVARATNAM, Chairman, Asli (Asian Strategy & Leadership Institute) Centre for Public Policy Studies
PETALING JAYA: CIMB Group Holdings Bhd (CIMB) has appointed Datuk Abdul Rahman Ahmad (pic) its group chief executive officer and executive director effective June 10.
KUALA LUMPUR: The Finance Ministry (MoF) and the banking industry have reached an agreement to waive additional interest and profit charges for hire purchase loans and fixed-rate financing during the six-month moratorium period.
PETALING JAYA: Small and medium enterprises (SMEs) are asking for more funds to be allocated to the Special Relief Facility (SRF) to help businesses survive and aid them in their recovery.
PETALING JAYA: The government has increased the allocation for the employment retention programme (ERP) by another RM120mil, bringing the total funds for the ERP to RM240mil.
KUALA LUMPUR: Finance Minister Tengku Datuk Seri Zafrul Aziz has suggested that accrued interest or profit imposed by financial institutions on hire purchase customers be waived during the six-month moratorium period.