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Namibia opens credit guarantee scheme for SMEs amid COVID-19
WINDHOEK, Aug. 18 (Xinhua) -- Namibia's Finance Minister, Iipumbu Shiimi Tuesday announced the commencement of the credit guarantee scheme for small, medium enterprises (SMEs).
‘Banks have enough capital buffer for loan moratorium extension’
BANKS have enough capital buffer to implement the loan moratorium extension as announced by the governÂment, said Deputy Finance Minister I Datuk Abdul Rahim Bakri.To date, RM66bil out of the RM100bil allocation had been used by banks under the moratorium assistance through the economic stimulus package, he said.
Banks have enough capital buffer to implement targeted loan moratorium, says Deputy Finance Minister I
KUALA LUMPUR: Banks have enough capital buffer to implement the loan moratorium extension as announced by the government, the Dewan Rakyat heard.
Israel reports 1,871 new COVID-19 cases, 86,593 in total
JERUSALEM, Aug. 11 (Xinhua) -- Israel's Ministry of Health reported 1,871 new coronavirus cases on Tuesday, bringing the tally to 86,593.
Pelosi, Mnuchin open door to narrower COVID-19 aid through 2020
WASHINGTON (Reuters) - U.S. House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin on Sunday said they were open to restarting COVID-19 aid talks, after weeks of failed negotiations prompted President Donald Trump to take executive actions that Democrats argued would do little to ease Americans' financial distress.
President Trump says he's signing orders on unemployment, evictions
(Reuters) - U.S. President Donald Trump says that he is signing an executive order to provide an additional $400 a week in expanded benefits to unemployed Americans.
PTPTN loan repayments to be further deferred until Dec 31
PETALING JAYA: The government is extending the deferment on National Higher Education Fund Corporation (PTPTN) loan repayments for another three months.
Repayment of PTPTN loans deferred another three months
PETALING JAYA: The government is extending the deferment on National Higher Education Fund Corporation (PTPTN) loan repayments for another three months.
Thai central bank tells commercial banks, financial institutions to slash interest rates
BANGKOK, Aug. 1 (Xinhua) -- The Thai central bank announced on Saturday that it has instructed all commercial banks and financial institutions to cut interest rates charged to customers with credit card balances and personal loans by 2 to 4 percent effective on Saturday.
‘It’s the right time to invest’
PETALING JAYA: Even as many consumers are cautious in purchasing high-ticket items in light of the Covid-19 pandemic, industry experts say sale of properties and cars have been rising since June.
